EghtesadOnline: As the OPEC+ group’s decision on oil production cuts nears, there are renewed concerns about the future of the organization as it tries to rebalance the market while securing higher revenue and market share in the medium-term, Goldman Sachs, an American multinational investment bank and financial services company headquartered in New York City, said in a note.
EghtesadOnline: Developing-economy currencies and corporate bonds are moving in opposite directions, bucking a decade-long trend and raising questions about which is the right economic signal to follow.
EghtesadOnline: Sanctions from the U.S. have taken a toll on Russia’s local debt, but a bigger threat may lurk much closer to home.
EghtesadOnline: Snapchat has chosen bankers for its initial public offering, which could happen as soon as March, according to people familiar with the matter.