In 1869, a guy named Marcus opened a small business to purchase promissory notes in New York City. More than a decade later, Marcus recruited his son, Henry, and his son-in-law, Samuel Sachs. They formed Goldman Sachs.
On Tuesday, Chinese President Xi will further outline his economic vision at the Boao Forum, Asia’s answer to Davos. As the newly-anointed President for Life, Xi’s speech will cover a set of issues that have global implications.
The central tragedy of infrastructure is that when deep public-private investment is most needed, global governance — the lead element historically — is in ruins.
With assets over $1 trillion, Norway will stop investing in international petroleum companies
Last week, the price of bitcoin increased 40% over 40-hours. With that surge, bitcoin is up 1560% on the year.
Benchmark invested $27 million in Uber. Its stake is now worth $8 billion.
As Crown Prince Mohammed bin Salman pushes his political and economic vision, some markets will open up (e.g., renewables) and other markets will consolidate.