Investor optimism across eurozone risen, in latest sign of confidence in global economy

The monthly survey of investor morale produced by research group Sentix jumped to 32.9, up from December’s 31.1. When asked about the current economic situation, according to theguardian report, investors were at their most upbeat since 2007. This optimism underlines why stock markets have been rallying recently, as investors react to signs that economic growth is picking. […]

Bitcoin futures investors to suffer losses

Investors who ploughed money into bitcoin futures are currently facing hefty losses, as the first contracts are set to expire in just over a week. Soon after bitcoin futures debuted on the Chicago Board Options Exchange (CBOE) in December, frantic trading caused the price of the January contract to rise from around $15,000 to almost […]

Qatari Sovereign Wealth Fund reduces stake in Credit Suisse

The Qatar Investment Authority has reduced its shareholding in Credit Suisse Group to AG 4.94 percent, amid the Middle Eastern nation’s diplomatic spat with neighbouring countries. The country’s sovereign wealth fund, known as QIA, previously held 5.01 percent in voting rights, according to a Swiss stock market filing. Qatar’s overall holding in Credit Suisse — made up of so-called […]

Saudi’s Prince Alwaleed to invest $800 million in Egypt

Saudi Arabia’s billionaire, Prince Alwaleed bin Talal, will invest about 800 million dollars to expand the Four-Seasons-resort in Sharm el-Sheikh, in partnership with Talaat Moustafa Holding Group, Egypt’s Investment Minister, Sahar Nasr said on Monday. According to Reuters/NAN’s report, the billionaire’s investment will also include establishing two new hotels in al-Alamein, a town on Egypt’s Mediterranean […]

Uber shareholders reportedly talk up selling stock to SoftBank, others

Uber’s shareholders and its board, led by venture capital firm Benchmark, have discussed selling some of their shares to Masayoshi Son’s SoftBank Group and other potential investors, Bloomberg reported, citing people familiar with the matter. The deal could include investment of new money into the startup, Bloomberg reported, adding that details about the valuation of shares or how much SoftBank […]

Investors bet on comeback: UK’s Alan Howard amasses $3 billion

Investors are betting Alan Howard can reclaim his touch as a star macroeconomic trader, helping Brevan Howard Asset Management amass more than $3 billion (2.4 billion pounds) for a hedge fund he alone will control. Howard, one of Britain’s best known money managers, has raised more than $700 million from outside investors for the new […]

China sovereign fund acquires European warehouse company

China’s sovereign wealth fund is expanding its presence in Europe by acquiring a warehouse company in a 12.25 billion euro ($13.8 billion) deal, AP reports. China Investment Corp.’s purchase of Logicor from U.S. investment firm Blackstone Group adds to a multibillion-dollar string of Chinese acquisitions in Europe. Logicor operates in 17 countries including Britain, Germany […]