Israel and the United Arab Emirates have reached a historic peace deal that will see the Gulf power normalising diplomatic relations with the Jewish state. The deal, brokered by the US, would mean the UAE will become only the third Arab state to have full diplomatic ties with Israel, after Egypt and Jordan.  “HUGE breakthrough
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Vital Vio’s lighting goes into home products, like Ellumi brand’s under-cabinet lighting and Broan-Nutone’s antimicrobial ventilation systems. Its technology uses visible light to kill cells of bacteria, mold and fungi, but not Covid-19 specifically. Vital Vio The coronavirus pandemic is altering every aspect of how we live, especially what we want from our homes. Beyond
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Kamala Harris and Joe Biden had to forgo cheering crowds and shaking hands with supporters in their Delaware debut © AFP via Getty Images Kamala Harris used her first appearance as Joe Biden’s vice-presidential pick to attack Donald Trump’s handling of the coronavirus pandemic, foreshadowing how the former prosecutor plans to take on the president
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US stocks rallied and Treasuries sustained a further bout of selling on Wednesday after optimistic economic data and rising hopes over a potential coronavirus vaccine bolstered investors’ confidence. The S&P 500 jumped 1.1 per cent in early trading on Wall Street, reversing a fall from the previous session. The rise leaves the US benchmark marker
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Carrie Bobb is the CEO of Carrie Bobb & Co., a consumer analytics nerd and an expert at driving revenue for brick and mortar real estate.  getty The struggle in retail leasing is real. There are many hurdles affecting retail leasing, and there are a few things some landlords need in order to make long-term impacts
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The Federal Reserve Board on Tuesday reduced the interest rates it charges for its Municipal Liquidity Facility. The program — authorized in March’s Coronavirus Aid, Relief, and Economic Security Act — was created to ensure municipalites had market access amid the turmoil created by the coronavirus pandemic. The Federal Reserve announced a 50 basis point
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Democrat Joe Biden has named Kamala Harris as his vice-presidential running mate, making the senator from California the first African-American woman on a major US party’s presidential ticket. Mr Biden, who served as vice-president in the Obama administration, announced his pick on Tuesday. “I have the great honor to announce that I’ve picked Kamala Harris
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Thesis Summary Highland Global Allocation Fund (HGLB) seeks long-term growth of capital. By nature, the fund is global and flexible. This makes the investment option of this fund to be unlimited. HGLB can invest in a portfolio of the United States and also in foreign equity. The fund is incredibly well-diversified, which helps mitigate risks,
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A stack of Starlink internet satellites just before a launch. SpaceX SpaceX is manufacturing its Starlink satellites at an unprecedented rate for the space industry, analysts say, as the company dives headlong into building a space-based global internet service. Elon Musk’s company told the Federal Communications Commission in a presentation last month that its  Starlink unit
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The Chinese government’s efforts to tamp down speculation in property markets will mean that funds will flow to equities instead, allowing for more upside in onshore equities, an economist said on Tuesday. “We think the liquidity will likely go to the equity market,” said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management. Although
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Lebanon’s government resigned on Monday as the prime minister blamed “political corruption” for a massive explosion at Beirut’s port killed more than 160 people and devastated the capital. “I discovered that the system of corruption is bigger than the state,” Hassan Diab, the premier, said in an address. His resignation came amid mounting anger among Lebanese
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Investment Thesis: This too shall pass It’s remarkable how in just six months COVID 19 has become a seemingly permanent part of life and the economy. It isn’t. Every cycle, investors forget that “this too shall pass” and fail to prepare for the inevitable rebound. The virus might remain in distribution well into 2021 but
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