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01 Apr, 2020
Local Startup Investment Not Profitable as Stocks
Investments made by New Mexico in small companies located in the state are not showing the desired results. Startup companies funded by New Mexico's State Investment Council are not giving back the same returns as stock index funds managed by Wa..
Smartphones to be Produced in India
India has been growing an interest in developing smartphones but is up in the air right now since there is a lack of skilled labor and suppliers as well as a complex tax regime. Under the slogan ‘Make in India’, the Prime Minister aims t..
Morgan Stanley Fined $13 Million by FINRA
On Monday, Morgan Stanley (NYSE: MS) was ordered by the Financial Industry Regulatory Authority (FINRA) to pay $13 million in fines and restitution to clients for inadequately supervising certain short term trades. Between January 2012 an..
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Younited Credit Stumps Up $47.8 million
Younited Credit is creating the world's largest crowdfunding platform inside continental Europe. The French startup has raised about $47.8 million. The money will be used to launch their products in a number of new countries. The cash will enabl..
After Stocks, It's Now Bonds That China Will Push For Global Approval
China has been working hard to open its markets to the global investors and the Asian economy has been making big strides in this direction already. The move to get its stocks to feature in the key market benchmarks has already been a resounding suc..
Goldman Sachs Selling Controversial Venezuelan Bonds to Hedge Funds
Goldman Sachs Group Inc. (NYSE: GS) asset Management acquired over $2.8 billion of controversial Venezuelan bonds involving the central bank of the company last May, and is now in the process of unloading them. In recent days, the company has s..
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