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News & Updates

March 17, 2020 Morning Coffee: Goldman Sachs' global head of trading woke with a cough. HSBC chatted-up another potential chief executive

Source: efinancial careers

An innocuous physical complaint has suddenly developed the ominous implications of a sneeze during black death. COVID-19 is not the plague, but a tickly cough is now viewed with the sort of foreboding that was unimagineable a few...

March 16, 2020 Sustainability in the music industry

Source: Varsity

As music is intangible, we often forget that it too leaves an imprint on our environment, and that the fashion, technology or energy industries are not the sole culprits.

March 13, 2020 Goldman Sachs analyzed bear markets back to 1835, and here’s the bad news — and the good — about the current slump

Source: Market Watch

If the stock-market decline triggered by the coronavirus outbreak is like past slumps, there’s both good and bad news.

March 11, 2020 Goldman Sachs is 'very open' to acquisitions: CFO

Source: Reuters

NEW YORK - Goldman Sachs Group Inc (GS.N) Chief Financial Officer Stephen Scherr said on Tuesday the bank is “very open” to acquisitions, especially those that would speed the growth of its existing businesses.

March 10, 2020 Over $26 billion wiped off cryptocurrency market in 24 hours after massive oil price plunge

Source: CNBC

Cryptocurrency markets plunged following a plummet in oil prices and further sell-off in stocks.

March 10, 2020 Dow sinks 2,000 points in worst day since 2008, S&P 500 drops more than 7% (Mon.)

Source: CNBC

The Dow Jones Industrial Average sank more than 2,000 points on Monday, its worst day since 2008, as fears about the spread of the new coronavirus and an oil price war sent investors scrambling out of stocks.

March 6, 2020 Is The U.S. Shale Boom Over? Four Major Threats To The Fracking Revolution

Source: Investor's Business Daily

The U.S. is awash in cheap shale oil and gas. After decades of declining U.S. oil output, the fracking revolution unlocked vast oil and gas deposits and made America the world's No. 1 oil producer. The once-massive U.S. petroleum...

March 6, 2020 Plastic is better than paper in curbing climate change, Exxon exec claims

Source: MarketWatch

“From a sustainability viewpoint, plastic packaging beats alternatives,” Jack Williams, a senior vice president at Exxon, said at an investor presentation in New York, according to Bloomberg News.

March 4, 2020 Shell Is Looking Forward

Source: NYMagazine

The fossil-fuel companies expect to profit from climate change. I

March 4, 2020 Federal Reserve announces first emergency rate cut since the financial crisis

Source: CNN

he Federal Reserve slashed interest rates by half a percentage point on Tuesday, a bold attempt to give the US economy a jolt in the face of concerns about the coronavirus outbreak.

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