- Reuters
BlackRock to launch PIF-backed Saudi investment platform
The world's largest asset manager BlackRock said on Tuesday it plans to launch a new investment platform in Saudi Arabia, backed by up to $5 billion from Saudi sovereign wealth fund the Public Investment Fund (PIF). BlackRock and PIF said they had signed a memorandum of understanding under which BlackRock would establish a Riyadh-based multi-asset investment platform, anchored by PIF's initial cash injection, subject to certain agreed milestones being hit. The two parties said the platform would accelerate growth of Saudi Arabia's capital markets, with a Riyadh-based investment team looking to raise additional funds locally and overseas.
- Rhode Island Current
Trump fined $9,000 for violating gag order in NY hush-money trial
Former President Donald Trump defied a gag order in his New York state hush-money trial by posting attacks on likely witnesses on his social media platform and campaign website, the judge in the case ruled Tuesday. Judge Juan M. Merchan fined Trump $9,000 for nine violations of an order barring him from making public statements […] The post Trump fined $9,000 for violating gag order in NY hush-money trial appeared first on Rhode Island Current.
- GuruFocus.com
E2open Parent Holdings Inc (ETWO) Q4 2024 Earnings Call Transcript Highlights: Mixed Financial ...
Despite a challenging fiscal year, E2open outlines robust strategies for market expansion and operational improvements.
