ICYMI: Investment banks are beefing up teams in the Middle East to rake in juicy IPO and M&A fees. KarenKKwok tells aimeedonnellan on the Viewsroom podcast why early investment is paying off. Plus: China’s jobs crisis is likely to worsen, says ywchen1
Breakingviews columnists talk about the big numbers, crunchy deals and nasty spats in global business and economics, .
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Breakingviews - Gulf pot of gold, China’s unemployment problem: podcastInvestment banks like HSBC and Citigroup are beefing up teams in the Middle East to rake in juicy IPO and M&A fees. In this Viewsroom podcast, Breakingviews columnists discuss why early investment is paying off. Also, the People’s Republic’s jobs crisis is likely to worsen.
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World's oldest chocolate was made 5300 years ago—in a South American rainforestTraces of cocoa on ancient pots suggest chocolate started in the rainforests of what is now Ecuador some 5300 years ago. WorldRainforestDay
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American swimmers claim redemption at worlds championships: 3 more goldsRyan Murphy got the Americans’ second gold of the evening in the men’s 200 backstroke for his first gold medal.
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Man fighting for life in ICU after contracting flesh-eating bacteria on Gulf coastThis year, a deadly type of flesh-eating bacteria called Vibrio vulnificus is showing up sooner than in past summers.
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Dan Marino Reacts to Death of Longtime Friend Tony Siragusa'Goose was the best. He made the most out of every moment, made sure everyone around him always had a smile on their face, and had a heart of gold.' –– Dan Marino on Tony Siragusa RIP Goose 🙏
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Fed says banks could withstand 10% unemployment, 55% stock price drop in annual stress testThe Fed says 33 banks will be able to keep lending under its most severe economic projections as it issues a passing grade to banks in its annual stress test.
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