Franklin Templeton has vowed to appeal a ban on its Indian subsidiary, the Franklin Templeton India Mutual Fund, which would see the asset manager banned from launching new debt products in the country for two years. The Securities and Exchange Board of India (SEBI) imposed a ban on the group after finding “serious defaults and …

Advisors Asset Management has appointed Clifford Corso president and chief IT officer to oversee the company’s nearly $ 40 billion in assets. Corso joins the company after working at Insight Investment, where he was CEO of North America for more than six years. In his new role, Corso will be responsible for growing and scaling …

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VIENNA, June 8, 2021 (WAM) – The OPEC Fund for International Development (OFID) has announced the signing of a US $ 10 million loan agreement with the Bank of Maldives. According to the Fund, the loan will be used to on-lend to small and medium-sized enterprises (SMEs) active in tourism and related services in the …

Journalist , Singapore The oil and gas company has filed for liquidation. KrisEnergy Ltd. will liquidate all of its assets as the company has announced that it has filed for debt liquidation. The upstream independent oil and gas company said it was unable to pay its debt because the company’s liabilities exceeded its assets. Accordingly, …

The New York Stock Exchange is pictured in the Manhattan neighborhood of New York, New York, United States, on April 16, 2021. REUTERS / Carlo Allegri / File Photo The S&P 500 (.SPX) closed a languid session slightly in the red on Monday, with investors watching for the announcement of a global minimum corporate tax …

HELL’S KITCHEN, NY – A leading candidate for Hell’s Kitchen city council has said he will push local authorities to revisit a project that could transform the neighborhood: a new subway station on 10th Avenue. The station, which would be built at West 41st Street, has been a fixture for neighborhood leaders and public transport …

OPEC Secretary General Mohammad Barkindo delivers a speech in Vienna, Austria, November 5, 2019. Leonhard Foeger / Reuters OPEC and its allies expect oil stocks to continue falling in the coming months, the OPEC secretary general said on Monday, suggesting that producers’ efforts to support the market are bearing fruit. Oil stocks in developed countries …

The Uasa union has assured its members who are employed by the state-owned industrial defense group Denel of its support, as the history of the financially troubled company takes another turn for the worse. The private South African defense company Saab Grintek Defense (majority owned by the Swedish group Saab) has asked the High Court …

TOKYO – Asian stocks were mixed on Monday, as the initial euphoria over the gains that ended last week on Wall Street quickly faded. Japan’s benchmark Nikkei 225 was up 0.3% in morning trading to 29,022.12. The Australian S & P / ASX 200 lost its earlier gains, falling 0.1% to 7,290.60. South Korea’s Kospi …