Recent Posts

Amy Coney Barrett is no threat to Obamacare

Joe Biden’s official statement on the Supreme Court nomination of Judge Amy Coney Barrett mentions her name once. It mentions Roe v Wade once. It has eight sentences alluding to the court’s pending case on the Affordable Care Act. The fate of Obamacare is the issue that Biden, and other Democrats, think gives them their best political opportunity during Barrett’s ...

Read More »

China’s Evergrande soars as risks alarmed regulators

Bloomberg China Evergrande Group’s stock and local bonds soared after the developer took a major step towards avoiding a cash crunch that had threatened to roil the nation’s $50 trillion financial system and reverberate across global markets. After a turbulent few days during which banks, bondholders and senior government officials became increasingly alarmed about Evergrande’s financial health, the world’s most ...

Read More »

PE firm to invest $498m in India’s Reliance Retail

Bloomberg General Atlantic will invest 36.8 billion rupees ($498 million) in billionaire Mukesh Ambani’s retail venture as Asia’s richest man continues to garner funds after securing more than $20 billion for his digital services unit earlier this year. The private equity firm will hold a 0.84% stake in Reliance Retail Ventures Ltd, according to an exchange filing on Wednesday, giving ...

Read More »
Send this to a friend