by globalpro | Jun 1, 2019 | Finance
New York (CNN Business)The bond market is once again sending a big fat warning sign about the US economy. Fixed-income investors appear to be worried about a possible recession sometime soon.Inverted yield curve is often a sign of bad things to comeThe yield on the...
by globalpro | May 24, 2019 | Finance
BlackRock, which controls $6.5tn in assets, urged to use its influence on planets biggest pollutersWhen a letter from BlackRocks founder and chief executive, Larry Fink, landed in inboxes in January saying that the worlds biggest investor would no longer invest in...
by globalpro | May 11, 2019 | Finance
London (CNN Business)Chevron has conceded defeat in the battle for Anadarko Petroleum. The interest in Anadarko reflects an intense desire by US oil companies to acquire America’s best shale assets. Occidental is already the No. 1 oil producer in the vast...
by globalpro | Apr 2, 2019 | Finance
New York (CNN Business)1. Easy money: The past decade of ultra-low interest rates has spawned the rise of “zombie” companies.”Last time it was easy to be a zombie because everyone’s profits were collapsing,” Michael Hartnett, BofA’s...
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