Suspicious trades were made before Goldman’s $2.2 billion acquisition of GreenSky, options experts say

Reading Time: 7 minutes Sam Edwards | Getty Images The day before Goldman Sachs announced its $2.2 billion purchase of fintech lender GreenSky, someone placed options trades that immediately soared in value, moves that market participants say indicates advance knowledge of the deal. On Sept. 14, the trader bought 8,000 options that would only pay off if the price … Read more

UAE real estate shows signs of recovery as Aldar predicts sales surge

Reading Time: 5 minutes An Emirati woman paddles a canoe past skyscrapers in Abu Dhabi, United Arab Emirates, on Wednesday, Oct. 2, 2019. Christopher Pike | Bloomberg | Getty Images Abu Dhabi’s property market is showing signs of steady growth, as the oil rich capital of the United Arab Emirates recovers from the deep blows of the coronavirus pandemic. … Read more

JPMorgan to launch digital bank in the UK next week

Reading Time: 5 minutes Signage outside a Chase bank branch in San Francisco, California, on Monday, July 12, 2021. David Paul Morris | Bloomberg | Getty Images LONDON — JPMorgan Chase is gearing up to debut its hotly anticipated digital bank in the U.K. next week. The move will see the U.S. banking giant take on major British lenders … Read more

Estonia president says a lack of ‘special conditions’ for tech giants has allowed local start-ups to thrive

Reading Time: 5 minutes Bolt CEO Markus Villig speaks on stage at the 2019 Web Summit technology conference in Lisbon, Portugal. Horacio Villalobos | Corbis via Getty Images Estonia’s tech companies have been able to thrive in the absence of large multinationals like Facebook and Microsoft, the country’s president told CNBC. Home to just over a million people, Estonian … Read more

‘Take those profits’: Strategist says extreme market moves are on the horizon

Reading Time: 8 minutes Financial markets appear vulnerable to what could be an extreme move in either direction, according to Paul Gambles, co-founder of investment advisory firm MBMG Group. As a result, Gambles said investors should consider sitting on the sidelines and build up their cash positions significantly. His comments come as market participants remain cautious given a flurry … Read more

Italy makes Covid passports mandatory for all employees

Reading Time: 4 minutes In this photo illustration, a digital “green pass” which certifies immunity or the Covid-19. Diego Puletto | Getty Images News | Getty Images LONDON — Italy has become the first European country to make a Covid certificate mandatory for all workers, as countries start to take stronger measures in an effort to boost inoculation rates.  … Read more

Buildings account for 39% of global greenhouse emissions — that could be an opportunity for investors

Reading Time: 5 minutes Investing in sustainable buildings could offer a real solution to reducing emissions in one of the world’s most polluting sectors, said Taronga Ventures, an investment firm focused on sustainable innovation and tech. Buildings currently represent 39% of global greenhouse emissions, according to U.N. data. Almost one-third (28%) of the global total is the result of … Read more

Singapore Exchange could receive its first SPAC listing application in weeks, CEO says

Reading Time: 6 minutes Auditorium of the Singapore Exchange (SGX). Roslan Rahman | AFP | Getty Images SINGAPORE — The Singapore Exchange could receive its first application for a SPAC listing in “the next couple of weeks,” Chief Executive Loh Boon Chye told CNBC in an exclusive interview. SGX earlier this month announced new rules allowing SPACs to list … Read more

Nearly 10,000 passengers tested negative before flying — here’s how many infections slipped through

Reading Time: 10 minutes A study conducted earlier this year shows there may be a way to reduce the number of Covid infections on board commercial airplanes to virtually zero. Results of the study appeared in a peer-reviewed article published on Sept. 1 in the Mayo Clinic Proceedings medical journal. The article — a joint effort by Mayo Clinic, … Read more

Donors pledging billions in aid to Afghanistan face a challenge: Navigating the Taliban

Reading Time: 12 minutes Taliban forces block the roads around the airport in Kabul, Afghanistan August 27, 2021. Stringer | Reuters One month after the fall of its U.S.-supported government to the Taliban, Afghanistan faces crises of astronomical levels: millions facing starvation, a nationwide liquidity crunch, suspension of aid and freezing of assets by international donors and fears of … Read more