Boeing is feeling good about its future. The company's top money manager, Jay Malave, shared some exciting news at a big finance meeting. He said Boeing plans to send out more of its popular 737 and 787 planes next year. This is big news because it means Boeing might finally start making more money
A big investment firm has just landed a massive loan to buy a piece of an Australian chicken chain. General Atlantic Service Company LP is the name of the firm. They got the cash from Ares Management Corp. and Nomura Holdings Inc. This is all hush-hush, so no one is talking openly about it. The loa
In a bold step, Venus, a leader in digital finance, is set to launch the world's first "Crypto Bank" focused on Real-World Assets (RWA). This move aims to tackle a big problem: businesses with valuable assets often struggle to get quick financing. Venus wants to change that, starting in Southeast As
The Huione Group, a major player in Cambodia's financial scene, has hit a rough patch. Recently, its banking service, Huione Pay, shut down branches and stopped cash withdrawals. People were seen lining up outside closed doors, hoping to get their money out. This isn't just bad luck; it's the result
Finance chiefs are in the hot seat, balancing new tech and old risks. They're not just crunching numbers anymore. They're steering the ship, especially with AI shaking things up. But it's not easy. The world's a mess with economic uncertainty and supply chain chaos. Yet, finance leaders are stepping
Unum, a major player in disability and life benefits, has been making waves with its tech upgrades. With a whopping $13 billion in revenue last year, the company is no small fish. Gautam Roy, the company’s chief tech officer, has been at the helm of this digital makeover for over seven years. He’s n
A group called Building America's Future (BAF) wants the U. S. to have one clear rule for AI. They say this will help the country stay ahead of China. Right now, different states have different rules. BAF thinks this is messy and could slow down progress. They started a new ad campaign to push for
Jane Street Group and Citadel Securities are making big waves in the trading world. They are not just keeping up with the big banks; they are actually taking a bigger slice of the pie. Their recent earnings show that they are on track to have their best year yet. Jane Street saw a big jump in their
In the world of finance, big moves are happening. Two experienced professionals are joining forces to launch a new hedge fund. This fund will focus on Japan's market. Takeo Serizawa, a former portfolio manager at Citadel, is teaming up with Tomohiro Yamaguchi. Yamaguchi used to head Point72 Asset Ma
In the fast-paced world of electronic trading, speed is often seen as the key to success. However, Hudson River Trading has decided to shake things up by taking a different approach. Instead of focusing solely on split-second trades, they are now holding onto positions for longer periods, sometimes
