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If the European Union works out a "credible, convincing debt program," sovereign wealth funds may see it as an opportunity to invest, Jin Liqun, chairman of the board of supervisors for China Investment Corporation, told CNBC Friday.
Roubini Global Economics, the economics research firm begun by noted economist Nouriel Roubini, is for sale, according to sources who have been approached by an investment bank conducting an auction for the firm.
Despite the significant cerebral power of those in attendance at the Barefoot Economic Summit, even if one adheres to a likely scenario of events, the outcome of euro zone debt crisis is still impossible to predict.
The energy industry has undergone a “tectonic change,” shifting from a focus on conventional reservoirs to focusing on unconventional reservoirs, Will VanLoh, president and CEO of Quantum Energy Partners, told CNBC Wednesday.
For years, short-sellers have crawled all over Netflix, convinced the company’s shares were overvalued versus its expected growth path. And for years, they closed their short positions and went home with plenty of pain and no profits. That they would eventually be proved right in some measure certainly seemed plausible.
Bank of America is selling roughly $1.5 billion worth of stock in hospital operator HCA Holdings to the company.