Milken Latest: Saudis Look to Diversify Economy Beyond Just Oil
It’s the first full day of speakers at the Milken Institute Global Conference in Beverly Hills, California, which brings together everyone from dealmakers to celebrities.
It’s the first full day of speakers at the Milken Institute Global Conference in Beverly Hills, California, which brings together everyone from dealmakers to celebrities.
Russia has suffered more than 100,000 casualties, including 20,000 killed, since December in the bloody standoff over Bakhmut in eastern Ukraine, according to the US National Security Council.
A Japanese hotel chain, once at the center of a bidding war between US private equity firms Blackstone Inc. and Lone Star Funds, faces a reckoning with its creditors.
Saudi Arabia’s biggest challenge is diversifying its economy beyond oil, said Faisal Alibrahim, the minister of economy and planning.
Macquarie Group Ltd.’s chief executive officer said the bank is struggling to recruit staff even as it boosted its global workforce by more than 10% in the past year.
Asian stocks opened mixed as trading resumed in most of the region’s markets following a holiday on Monday. Investors are weighing JPMorgan Chase & Co.’s purchase of First Republic Bank along with expectations the Federal Reserve will hike interest rates once again this week.
Billionaire Gautam Adani’s clean energy unit reported fourth-quarter profits surged as the conglomerate prioritizes renewable power amid its response to the impact of Hindenburg Research’s explosive report.
Citadel Securities Chief Executive Officer Peng Zhao said he sees automation and artificial intelligence freeing workers for innovative pursuits, not replacing people in the workplace.
Vanessa Hudson has just won one of the highest-profile jobs in Australia — chief executive officer of iconic airline Qantas Airways Ltd.
Concerns about tech security and pandemic-related disruptions are propelling firms to move more production away from China, according to a senior Taiwanese official.