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Bridgewater founder Ray Dalio speaks in Shanghai on April 8, 2026. CNBC SHANGHAI/BEIJING — Hedge fund magnate Ray Dalio is optimistic that a highly anticipated meeting next month of the U.S. and Chinese presidents can go a long way toward soothing bilateral tensions. “The next meeting will have a particular emphasis on trade, but also…
Marc Nachmann, Goldman Sachs global head of asset and wealth management. CNBC Goldman Sachs said Thursday it won deals to manage a combined $70 billion in retirement assets for Verizon Communications and Lockheed Martin, one of the larger recent announcements in the fast-growing market for outsourced corporate investing. The mandates include about $30 billion in…
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MUMBAI: Reliance Industries Limited (RIL) and US global conglomerate GE on Thursday announced a global partnership in the Industrial Internet of Things (IIoT) space to boost digital transformation. RIL and GE will work together to build joint applications on GE’s Predix platform — a move that will provide Industrial IOT solutions to customers in oil and gas,…
Canary Capital will likely hit pause on new crypto exchange-traded fund (ETF) filings for the remainder of the year, with CEO Steve McClurg saying the firm has already submitted applications for every token currently eligible under existing regulatory guidelines. Speaking in an interview with CoinDesk, McClurg said the XRP ETF launched this week and a…
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The rest of the Clarity Act depends on that guarantee, because there is no digital asset market to regulate if the people who build it cannot afford to build it in the U.S. The provision survived the committee markup intact, despite a filed amendment that would have gutted it, and it must stay in through…
Calcutta high court’s acting Chief Justice Sujoy Paul declined on Friday ED’s request to assign its petition seeking a CBI probe against Bengal CM Mamata Banerjee, DGP Rajeev Kumar and Kolkata Police commissioner to a new bench. The matter remains before a single-judge bench, which had earlier postponed hearings to Jan 14 after courtroom commotion….
