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Citadel Securities reaps $6.7bn on volatility in 2020

Bloomberg Citadel Securities went from strength to strength in 2020, as the pandemic spurred wild swings across finance. To cap the tumult, Ken Griffin’s firm, one of the world’s biggest market makers, just posted record revenue — some of it from a rapidly constructed Florida trading floor. Fourth-quarter net trading revenue of $1.7 billion brought the firm’s full-year total to ...

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UAE starts kidney dialysis centre in Hargeisa, Somaliland

HARGEISA / WAM A delegation from the Khalifa bin Zayed Al Nahyan Foundation has opened a kidney dialysis centre in the Republic of Somaliland for the benefit of more than 30 patients per day. The move comes in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the support of HH Sheikh Mohamed bin Zayed ...

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Oil industry reels as Joe Biden targets fossil fuels, halts leases

Bloomberg Hours after taking office, President Joe Biden made good on a campaign promise to cancel the Keystone XL oil pipeline. Later that day his Interior Department mandated that only top agency leaders could approve new drilling permits over the next two months. Next week, according to people familiar with the plans, Biden will go even further: suspending the sale ...

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