In a groundbreaking development for the investment landscape, Plume Network has introduced the Mineral Vault fund, an initiative that seeks to transform how mineral interests are managed and traded. This venture, associated with the Allegiance Oil & Gas family of companies, signifies a pivotal moment in facilitating access to real world assets (RWAs). With over
The property market in Dubai seems to be on an unstoppable upward trajectory, with record-breaking sales figures and soaring property values projected for 2024. This meteoric rise in demand, particularly in the luxury segment, has triggered a ripple effect, driving prices not only of residential properties but across all sectors in the city. However, amidst
When Citi decided to close its public finance division, most of the bankers quickly transitioned to new roles in the municipal market. However, Archana Chandrasekhar took a different approach by taking time to pause and reflect before embarking on a new venture. After spending 14 years at Citi specializing in higher education, health care, and
Southwest Airlines, a major player in the U.S. airline industry, is undergoing significant changes as executive chairman and former CEO Gary Kelly announces his retirement next year. With nearly four decades of experience at the company, Kelly has been a key figure since the retirement of the carrier’s co-founder, Herb Kelleher, in 2008. This departure
As we approach the final months of 2024, investors are keenly observing the technology sector’s landscape, especially following the dramatic fluctuations seen earlier this year. Notably, UBS has stepped into the spotlight with its latest assessment, identifying eleven tech stocks it believes are primed for outperformance as the year draws to a close. This article
Sales of ultra-luxury homes have seen a significant surge in New York, Miami, and Palm Beach, Florida, in the second quarter of the year. According to a report from real estate firm Knight Frank, the number of homes that sold for $10 million or more in these markets jumped 44% in Palm Beach, 27% in
The National Football League’s foray into the world of streaming has proven to be a successful strategy in expanding its fanbase both in the United States and globally. Hans Schroeder, the NFL’s executive vice president of media distribution, highlighted the league’s exclusive streaming deals with various media companies as a key component in the growth
Starbucks’ new CEO, Brian Niccol, has outlined a clear vision for improving the chain’s business in the United States before addressing issues abroad. In an open letter to customers, employees, and stakeholders, Niccol acknowledged the shortcomings of the company’s operations and expressed a commitment to improvement. He identified areas such as the barista experience, morning
The upcoming 2028 Olympics in Los Angeles are expected to be a significant event, following the success of the 2024 Olympics in Paris. Los Angeles Mayor Karen Bass expressed some concerns about the preparation for the Games, specifically highlighting the need to improve the city’s infrastructure to accommodate the influx of visitors. One major area
The recent U.S. presidential debate between Kamala Harris and Donald Trump had a noticeable impact on Asian currencies, with most of them gaining ground as the dollar retreated. One of the biggest beneficiaries of this trend was the Japanese yen, which saw increased safe-haven demand following the debate. The yen reached its strongest level since