Wednesday, August 5, 2020
Health problems are the reason for more than two in three bankruptcies or (67%) in the U.S., a study published in the American Journal of Public Health revealed. The research showed that around 530,000 families suffer bankruptcies each year...
The newly created sovereign wealth fund of Egypt is planning to buy stakes from power plants co-developed by Siemens AG, reported Bloomberg. The fund seeks to acquire around 30% of the shares, with international investors holding the rest of...
California-based investment firm EP Wealth Advisors has completed its acquisition over Personal Financial Consultants, a fee-only financial management firm based in Lafayette, California. According to a report from Financial Advisor, the latest acquisition will enable EP Wealth to expand its...
The People’s Republic of China plans to lift the daily yuan transfer limit from Macao to mainland China by 60 percent on Wednesday, to boost trading. From the daily limit of 50,000 yuan, the Central Bank raises the limit of...
The Philippine government just lost its second case against the family and associates of late dictator Ferdinand Marcos. The ill-gotten wealth case, worth ₱1.052 billion, was junked due to “insufficient evidence", according to GMA News Online. The case versus the...
The 7 Rings singer Ariana Grande sued retail giant Forever 21 last week for $10 million dollars. Grande’s lawsuit comes after the clothing retailer declined to enter a partnership with the performer and after hiring a lookalike model in...
New York Attorney General Letitia James announced Friday, September 13, that the Sackler family may have attempted to hide at least $1 billion in assets, following the growing number of lawsuits filed against them linked to their business Purdue...
Swiss company Unigestion is planning to penetrate the United Kingdom market with a wealth management service, says Investment Europe. The firm’s London location acknowledged in the sector coordinating with local authorities and pension fund companies. UK and Ireland head Lloyd...
Forbes recently announced Robyn Rihanna Fenty as the wealthiest female musician in the world with an asset of $600 million. Her fortune stems from various sources including her career as a singer, her cosmetic line and soon, her designer...
In an unscheduled appearance he made last week, Pope Francis declared that a “structure of sin” has led to the largest wealth gap in history, said the Rome Reports. This structure is made up of financial organizations, government, and...

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