Category: Finance News

Feb 17

Who owns your company? NMC investors in London are finding out the hard way

Website of B.R. Shetty Bavaguthu Raghuram Shetty meeting the U.K. ambassador to the U.A.E., Patrick Moody The crisis unfolding at NMC Health, the Middle East’s largest hospital operator, has reignited the debate about the governance of overseas companies listing in London. The mystery of NMC’s ownership structure deepened on Monday after founder and co-chairman Bavaguthu […]
Feb 17

Gunmen kill 24 in attack on Burkina Faso church

OUAGADOUGOU (Reuters) – Gunmen killed twenty-four people, including a pastor, in an attack on a church during Sunday mass in northwestern Burkina Faso, four security sources told Reuters on Monday. It was not immediately clear who was responsible for the attack, which comes as jihadist groups with links to al Qaeda and Islamic State seek […]
Feb 16

After homophobic jibes, Buttigieg says US has 'moved on'

US presidential candidate Pete Buttigieg (R) and his husband Chasten Buttigieg (AFP Photo/Joseph Prezioso) Washington (AFP) – The gay presidential candidate Pete Buttigieg insisted his sexuality would not damage his electoral prospects Sunday, saying the United States had “moved on” as a country, after homophobic jibes by allies of Donald Trump. The 38-year-old Democrat, who […]
Feb 16

The Moneyist: ‘My father has lived a life of crime and drugs. He threw away every opportunity we gave him.’ Now that he’s on disability, doesn’t he owe his kids something?

Dear Moneyist,  For most of his life, my father has lived a life of crime and drugs. He threw away every opportunity we gave him, financial or otherwise. He was never really around besides the odd note written on yellow legal paper that I would get from time to time, asking how my life was […]
Feb 16

The Moneyist: I have $500K, own several properties and plan to retire by 40. I’m in love, but my girlfriend just bought a $37K Mercedes — and says I’ve enough money for both of us

Dear Moneyist,  I’m on FIRE! I am a 34-year-old from Connecticut and have been dating my girlfriend, whom I love, for two years. I am considering getting married, but I have financial concerns.  I have been participating in the FIRE (financial independence, retire early) movement since I was 23 years old. I want to be […]