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Home > Latest

Lates News

date
14/08/2026
Abu Dhabi Ports Group: has minimized the impact of the shipping disruption in the Strait of Hormuz on its customers and the broader economic ecosystem of the UAE and the Gulf Cooperation Council.
Latest
4 m ago
According to foreign media sources citing informed individuals, Goldman Sachs is in discussions with potential investors to participate in NVIDIA's $500 billion AI financing plan. Leveraging its long-standing partnership with NVIDIA, Goldman Sachs has successfully secured this highly sought-after transaction role. One of the informed sources stated that U.S. insurance companies, asset management firms, and banks are expected to form the core group of investors for this financing; another source indicated that asset management firms plan to hold a significant portion of the financing shares. NVIDIA announced on August 10 that it has collaborated with six major financial institutions, including Goldman Sachs, to launch a computing platform aimed at raising over $500 billion in third-party capital for AI infrastructure. A second source mentioned that Goldman Sachs could provide subordinated capital and private credit financing through its asset management division; its investment banking division could also assist in allocating the related debt to private credit funds and eventually into the public bond market.
5 m ago
A gas explosion accident occurred at the Yangmeishan Coal Mine in Lianyuan City, Hunan, and 7 people are missing.
5 m ago
The latest exchange rate of the Indian Rupee against the US Dollar is 95.40, slightly strengthening from the previous closing price of 95.44.
5 m ago
Traders say the Reserve Bank of India may sell dollars to support the rupee.
6 m ago
According to the Financial Times, the head of American investment giant T Rowe Price predicts that it will take "years" to reverse the massive outflow of funds, as the competition from passive investments continues to put pressure on the fees charged by active fund managers.
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