Asset management company Blackrock has joined a group of Volkswagen shareholders who are bringing a lawsuit against the German automaker over its diesel emissions scandal. Law firm Quinn Emanuel is expected to file complaint on behalf of ...
Tags: Blackrock, lawsuit, Volkswagen
Large overseas institution BlackRock spent more than CNY 300 million buying additional H-shares in Industrial and Commercial Bank of China (ICBC) to lift its holding to 6.23% after Goldman Sachs sold all shares it held in the Chinese ...
A TOP BlackRock executive said there was little evidence of a meaningful switch by global investors into equities from fixed-income assets, even after recent strong sharemarket gains. "There appears to be a lot of cash coming off the ...
Tags: shares, investors, sharemarket
Reuters reported that US regulators have delayed by two months a ruling on BlackRock Inc's plan to launch a copper exchange traded fund backed by physical metal,a week after giving the go ahead to a similar product proposed by JPMorgan ...
Silver Lake Resources has a new substantial shareholder in the Blackrock Group,which holds 11.47 million shares or a 5.01%interest in the company. Blackrock had acquired 8.9 million of its shares for about USD 39.7 million between ...
Tags: Crafts, Blackrock, Substantial Shareh
The Federal Reserve Bank of New York (New York Fed) has completed the sale of the remaining securities in the Maiden Lane III (ML III) portfolio. The apex banking regulator said that it garnered a net gain for the benefit of the public of ...
Tags: New York Fed, remaining securities, Maiden Lane III, finance
Dana Gas, in talks to restructure USD 920 million Islamic bond is offering bondholders cash and an average 8 per cent coupon on two new sukuks to replace the existing one. Two sources said that the natural gas producer became the first ...
Tags: Dana, natural gas, Ashmore Group, BlackRock
AllianceBernstein, an investment management firm has appointed Andrew C Terry as senior client advisor to its insurance services team, who will assist in delivering tailored solutions to meet clients' unique investment needs. According to ...
BlackRock Inc. (BLK), the world’s biggest money manager, said producers of seeds and farming equipment make a better investment than agricultural commodities as new technologies boosting production may lead to lower food prices. World ...
Tags: market view, farming equipment