Sotheby’s recently held its inaugural auction in Saudi Arabia, marking a meaningful event in the art world. The auction,titled ”Origins,” took place in the historic town of diriyah and featured a diverse range of artworks by both Saudi and international artists. Alongside fine art, the auction included luxury items such as jewelry, watches, cars, handbags, … Read more
Economic Impact: The Dollar’s Volatility adn Its Ripple Effects on Colombia Table of Contents Economic Impact: The Dollar’s Volatility adn Its Ripple Effects on Colombia Economic Impact of Exchange rate Volatility in Colombia Affected Sectors and Industries In the ever-fluctuating landscape of global economics, the Colombian peso has been experiencing important volatility, with the dollar … Read more
Pfizer Surpasses Q4 Expectations Amid Cost-Cutting Measures and Strong COVID Product Sales Pfizer’s fourth-quarter performance in 2023 has defied expectations, showcasing resilience in the face of criticism and market challenges. The pharmaceutical giant reported sales of $17.8 billion, surpassing the projected $17.3 billion, driven by robust sales of its COVID-19 vaccine and antiviral pill. … Read more
Navigating Uncertainty: How Trump’s Tariff Policies and global Tensions Shape Investment Strategies in Peru In an exclusive interview with Management,Juan Carlos García vizcaíno,General Manager of a leading Peruvian bank,shared insights on how global political uncertainty,particularly the policies of former U.S. President Donald Trump, is influencing Peruvian businesses. His remarks shed light on the challenges and … Read more
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Spanish Household Savings Hit Record Highs Amid Inflation Correction and Wage Growth The correction of inflation and the rise in the rise in wages, which grew by 3.1% in 2024, and the fall in inflation. “The decline in inflation has a positive impact on the real income of households, leaving more money in their pockets,” … Read more
Al-Ittihad Real Estate Achieves Landmark Sales and Strategic Recovery Goals dubai-based Al-Ittihad Real Estate Company has made headlines with its remarkable financial performance and strategic initiatives.Since announcing its five-year strategic plan in April 2023, the company has recorded land sales exceeding 1.3 billion dirhams, according to a recent disclosure by the Dubai financial Market. … Read more
The International Emergency Economic Powers Act: A Key Tool in U.S. Sanctions Policy The International Emergency Economic Powers Act (IEEPA) has emerged as a cornerstone of U.S. foreign policy, granting presidents sweeping authority to impose sanctions in response to perceived threats to national security, foreign policy, or the economy. Enacted in 1977, this law … Read more
Monte dei Paschi’s Bold Move: A Hostile Bid to Reshape Italy’s Banking Landscape Table of Contents Monte dei Paschi’s Bold Move: A Hostile Bid to Reshape Italy’s Banking Landscape A Strategic Vision for Italy’s Banking Future Market Reactions: A Tale of Two Stocks A Hostile Bid with Far-Reaching Implications what Lies Ahead? Key Highlights … Read more
Lima Stock exchange Companies See Record Profits Driven by Mining Sector Surge The Lima Stock Exchange (LSE) has witnessed a remarkable financial performance in the final quarter of 2024, with leading companies reporting net profits totaling S/ 7,781 million, according to estimates by Kallpa SAB. This figure represents a staggering 66.3% annual increase, marking … Read more