Goldman Sachs

Alibaba eyes joint venture with big Indian companies; in talks with RIL, Tatas, Future Retail

MUMBAI/BENGALURU: Chinese internet and e-commerce giant<p>has revived talks with influential Indian conglomerates to boost its omni-channel or …

eCommerce

Tesla Short-Sellers Made More Than $1 Billion From CEO Elon Musk’s Troubling New York Times Interview

Investors betting that Tesla stock will lose value — so-called “shorts” — have made $1.2 billion since CEO Elon Musk first tweeted about taking the …

Tesla

‍Crux Says Investment From Citi, Along With Goldman Sachs & Other Investors

Thursday, 1 Mar 2018 03:31pm EST<p>March 1 (Reuters) - ‍CRUX::‍CRUX SAYS INVESTMENT FROM CITI, ALONG WITH GOLDMAN SACHS & OTHER INVESTORS, BRINGING CRUX'S FUNDS RAISED TO $21 MILLION​.

Markets

Vaucluse clocks up its first house sale of more than $20 million for 2018

Sydney’s trophy-home market shrank by one on Friday when the Palm Beach-style residence of former Goldman Sachs director Karl Mayer and his wife …

Real Estate

Crypto Trading Revenue May Double, Bernstein Says

The reports of the death of the cryptocurrency market may really be greatly exaggerated.<p>That’s the view of Sanford C. Bernstein & Co. analysts, who …

Cryptocurrency

Cybersecurity Training Sees Flood Of M&A

While cybersecurity remains popular with investors, one of its many subsectors — awareness training for employees — has witnessed an avalanche of deal-making and investment in the last year, and those in the space are not anticipating a break.<p>Companies specializing in cybersecurity awareness …

Trend Micro

Goldman faces UK probe over reporting practices: Bloomberg

REUTERS: Goldman Sachs Group Inc is facing a probe from U.K. regulators over its reporting practices tied to new rules in European markets, Bloomberg …

Investing

Stock-market investors should brace for a weaker dollar, says Goldman Sachs

Stock-market investors shouldn’t get too used to the dollar rally, Goldman Sachs analysts warned Friday.<p>They expect the U.S. dollar to weaken by 7% …

Stock Markets

Wall Street Erases the Line Between Its Jocks and Nerds

There used to be a strict hierarchy: Traders made money and won glory while programmers wrote code and stayed out of sight. Those days are over.<p>Meet the straders.<p>Part risk-taking trader and part computer-whiz “strategist,” they are prowling the halls at Goldman Sachs Group Inc., erasing a …

Wall Street

American Dream Meadowlands Sets Opening Date

The $3 billion entertainment and retail destination is expected to draw between 30 and 40 million visitors in its first year.<p>BERGEN COUNTY, NJ — …

Water Parks

GTIS Partners puts Brazil real estate on the block: sources

SAO PAULO (Reuters) - U.S. private equity firm GTIS Partners LP has put four major properties in Sao Paulo up for sale, four people with knowledge of the matter said, in what could be one of Brazil’s largest real estate transactions in recent years.<p>General view of the main entrance of the Vista …

Real Estate

Here's How to Trade Walmart, Nordstrom, Macy's and JCPenney After Earnings

Retail took center stage this week as second quarter earnings season wraps up.<p>Macy's (M) , Walmart (WMT) , JCPenney (JCP) and Nordstrom (JWN) …

Macy's

Making Sense of the Market: Follow These Trends, Goldman Sachs Says

The market is way less confusing than you'd think if you follow a few clear correlations, said Goldman Sachs analysts.<p>The correlations between …

Q3 GDP Forecasts

From Goldman Sachs:<p>We lowered our <b>Q3 GDP tracking estimate by one tenth to +3.2%</b> [Aug 16 estimate]. <br>emphasis added<p>From Merrill Lynch:<p>We nudged down <b>3Q</b> …

Markets

Pedro Domingo Will Lead New D.E. Shaw Machine Learning Group

New York-based investment corporate D. E. Shaw Group yesterday announced that esteemed University of Washington Professor of Computer Science Pedro …

Machine Learning

Turkey turmoil leaves investors wary of buying a dip | Financial Times

Funds run by a host of blue-chip financial houses, including Fidelity and Goldman Sachs, were among those with a significant bet on Turkish debt as …

Investing

The midterm elections could paralyze a key instrument of Trump's agenda for the US economy

Charles Rex Arbogast/AP<p><b>History suggests that the Republican Party would lose control of the House but keep the Senate in the midterm elections,</b> …

EPA

Barclays Hires CFO of Berlin's Tech Star to Run Germany

Barclays Plc has tapped Rocket Internet SE’s chief financial officer to lead its German operations, according to people with knowledge of the …

Stock Markets

Layoffs in U.S. could soon drop below 200,000 a week for first time since 1969

How low can layoffs in the U.S. go? They could soon drop below 200,000 a week for the first time in 50 years, a new study suggests.<p>The rate of …

Jobless Claims

645 Ventures Leaps Ahead With Second Fund

New York-based early-stage firm has raised $40 million, up from its first fund of $8 million in 2014<p>By<p>Katie Roof<p>Katie Roof<p>The Wall Street Journal<p>Biography<p>@Katie_Roof<p>645 Ventures has raised $40 million for its second fund, a leap up from its first fund of $8 million in 2014.<p>The New York-based …

Venture Capital

How to Invest in Emerging Markets Without Getting Gobbled By Turkey

By<p>Aug. 17, 2018 1:42 p.m. ET<p>Turkey’s financial crisis didn’t gobble the bull. Panic dissipated by the end of last week as the Turkish lira, the …

Stock Markets

Brazil card processor Stone hires banks for IPO: sources

SAO PAULO (Reuters) - Brazilian credit card processor Stone Pagamentos SA has hired Goldman Sachs & Co (GS.N), JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N) as lead managers for a hoped-for New York initial public offering, three people with knowledge of the matter said on Friday.<p>A dual …

Credit Suisse

Steel Pipe Giant Zekelman Files for U.S. IPO

Steel pipe and tube manufacturing giant Zekelman Industries Inc. filed for an initial public offering in what could be one of the highest-profile …

The City

Goldman: Yield-Curve Flattening Isn't Sure Sign of Recession

The last time the U.S. Treasury yield curve was this flat, it presaged a recession. Still, there’s no serious risk that the same sequence of events …

Markets

Growth, Politics and Shareholder Activism: European Equities in Focus

Activism

Breaking down the big deal behind Constellation’s bet on cannabis and Wall Street’s involvement

Constellation Brands’ multibillion-dollar wager on Canopy Growth is huge – record setting even – but a much larger story is lighting up across the …

Cannabis Industry

Inside The Chat App Symphony

Major Wall Street banks like Goldman Sachs and JPMorgan are betting big on Symphony, a secure messaging app. Banks are hoping that the platform will …

Wall Street

Chinese billionaire eyes former Packer cattle empire

Loading<p>There is also some disquiet among the Nationals about the failure of Chinese textile giant Shandong Ruyi to cut its ownership in the country's …

Goldman Sachs

Women Crash Wall Street With Skills Honed at Financial Boot Camp

Rachel Simpson’s phone blew up with good-luck texts on the first day of her internship at Vista Equity Partners, most from other young women she’d …

Business

Top Oil Hedge Funds Suffer Big Losses After July Price Plunge

Two of the world's largest energy-focused hedge funds, Andurand Capital and BBL Commodities, suffered double-digit percentage losses in July as oil …

Hedge Funds