People
Consunji Family to Invest $177M in DMCI and Fund Its Cement and Construction Business
The Consunji family is investing $177 million into DMCI Holdings to fund the purchase of Cemex's Philippine cement business, with the deal expected to boost DMCI's portfolio.
The Hidden Costs of Trading Platform Outages: How Fred Trading Helps Clients Navigate Broker Outages
If you enjoy investing online, you may have been frustrated with the recent outages of some major brokers. It takes hard work and dedication to be a successful trader, even if you just enjoy it as a hobby. And few things are as frustrating as planning a trade and then having it canceled—or just not being able to execute it at all—because a broker has an issue. Fred Frost, a Dubai-based trader and founder of Fred Trading, a free training program for aspiring traders, shares your frustration. He offers a unique perspective when it comes to risk management.
Kamala Harris Wants to Raise Corporate Tax Rate to 28%, Which Could Cut US Debt to $1 Trillion
Kamala Harris has proposed raising the corporate tax rate from 21% to 28% to reduce the national debt and support working families if she wins the November election.
Morgan Stanley Chairman and British Tech Entrepreneur Missing as Luxury Yacht Sinks off Sicily
A luxury yacht named "Bayesian" sank off Sicily in a storm, leading to a major search for missing individuals, including Morgan Stanley's Jonathan Bloomer and tech entrepreneur Mike Lynch, with one confirmed dead and 15 rescued.