Latest news with #GlobalInvestments
The Citizen
8 hours ago
- Automotive
- The Citizen
Mkhize's luxury cars to go under the hammer
Mkhize's luxury cars to go under the hammer A TOTAL of 13 luxury cars and a tour bus belonging to Shauwn Mkhize will go on auction next week from June 27 to July 2. Mkhize, who was the owner of Royal AM Football Club, was investigated by SARS. Her La Lucia home was searched in August last year, after SARS was granted a preservation order by the Durban High Court. She allegedly owes the revenue services R37m in taxes. Related story: SARS confirms raid of La Lucia businesswoman's home Among the vehicles set to go under the hammer on Bidder's Choice are a 2020 Bentley Continental GTC, five BMWs, four Mercedes-Benz, two Toyota Hilux, a Nissan Hardbody and a Volkswagen Crafter. One of the Mercedes-Benz is a Maybach S680 limited edition – only 100 were made in the world – retailing at about R5m according to The football club is also back on the market after a deal between Global Investments and SARS fell through after the company failed to meet the three-day payment deadline. The reserve is R50 000 and the vehicles can be viewed in Johannesburg. For more from Northglen News, follow us on Facebook , X or Instagram. You can also check out our videos on our YouTube channel or follow us on TikTok. Click to subscribe to our newsletter – here At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
Malaysian Reserve
07-05-2025
- Business
- Malaysian Reserve
T. ROWE PRICE RELEASES NEWEST EPISODE OF PODCAST SERIES FEATURING JENSEN HUANG, FOUNDER AND CEO OF NVIDIA
BALTIMORE, May 7, 2025 /PRNewswire/ — T. Rowe Price, a global investment management firm and a leader in retirement, announced the latest episode of 'The Angle,' an investment-themed podcast focused on timely topics shaping financial markets and featuring guests from some of the world's leading companies. In the newest episode, host Eric Veiel, head of Global Investments and chief investment officer for T. Rowe Price, speaks with Jensen Huang, founder and CEO of NVIDIA, about the AI revolution. 'Developments in AI continue to evolve at an incredible pace,' said Veiel. 'Jensen's insights into the future of AI, its convergence with robotics, and the importance of energy efficiency are a few of the topics we covered in this wide-ranging conversation.' This is the fourth episode of the new podcast season. The first three episodes, also available now, featured H. Lawrence Culp, Jr., chairman and CEO of GE Aerospace, Meredith Kopit Levien, president and CEO of The New York Times Company, and Gary Guthart, CEO of Intuitive Surgical. 'The Angle' is available across multiple platforms, including Spotify and Apple Podcasts . Future episodes will be announced as they are produced. For more information on the podcast please click here . 'The Angle' is T. Rowe Price's second podcast series. 'CONFIDENT CONVERSATIONS® on Retirement,' is its other podcast series, which features T. Rowe Price experts sharing their perspectives on retirement-related topics and launched its fourth season in November 2024. ABOUT T. ROWE PRICE Founded in 1937, T. Rowe Price (NASDAQ – GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price serves millions of clients globally and manages US $1.57 trillion in assets under management as of March 31, 2025. About two-thirds of the assets under management are retirement-related. News and other updates can be found on Facebook , Instagram , LinkedIn , X , YouTube , and . View original content to download multimedia: SOURCE T. Rowe Price Group
Zawya
19-02-2025
- Business
- Zawya
Asia demonstrates strong investment interest in Saudi Arabia: Al-Falih
RIYADH — Saudi Arabia is emerging as a key bridge between investors from the East and West, with strong capital inflows from Asian countries, Minister of Investment Eng. Khalid Al-Falih said on Tuesday. Speaking at the Global Investments session during the Capital Markets Forum, Al-Falih emphasized the growing appetite for investment in the Kingdom, particularly from Asia. He noted that six of the top ten G20 investors in Saudi Arabia are from Asia, with the rest from Western countries, reflecting the Kingdom's increasing role as a global investment hub. Al-Falih highlighted the untapped potential of Saudi Arabia's debt markets, stating that a key priority in the coming years is to transform bank-held debts — such as mortgages and corporate loans — into tradeable securities, enhancing market liquidity. He also underscored the significance of green investments in the Kingdom's economic diversification strategy, reducing reliance on oil while promoting sustainability. 'Discussing business cannot be detached from the political instability affecting the world,' Al-Falih said, stressing Saudi Arabia's pivotal role in maintaining strong international ties. He pointed to recent visits by several world leaders as evidence of the Kingdom's growing influence in global markets. The minister also highlighted the presence of major global asset managers, including BlackRock, alongside companies from China and Hong Kong, signaling Saudi Arabia's commitment to fostering international collaboration. Additionally, Al-Falih pointed to substantial growth potential in the Saudi insurance sector, predicting that it could expand from its current 2 percent of GDP to 7 or 8 percent. He identified significant opportunities beyond the dominant auto and health insurance sectors, including life, real estate, and specialized insurance products. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
18-02-2025
- Business
- Saudi Gazette
Al-Falih: Asia demonstrates strong investment interest in Saudi Arabia
Saudi Gazette report RIYADH — Saudi Arabia is emerging as a key bridge between investors from the East and West, with strong capital inflows from Asian countries, Minister of Investment Eng. Khalid Al-Falih said on at the Global Investments session during the Capital Markets Forum, Al-Falih emphasized the growing appetite for investment in the Kingdom, particularly from noted that six of the top ten G20 investors in Saudi Arabia are from Asia, with the rest from Western countries, reflecting the Kingdom's increasing role as a global investment highlighted the untapped potential of Saudi Arabia's debt markets, stating that a key priority in the coming years is to transform bank-held debts — such as mortgages and corporate loans — into tradeable securities, enhancing market also underscored the significance of green investments in the Kingdom's economic diversification strategy, reducing reliance on oil while promoting sustainability.'Discussing business cannot be detached from the political instability affecting the world,' Al-Falih said, stressing Saudi Arabia's pivotal role in maintaining strong international pointed to recent visits by several world leaders as evidence of the Kingdom's growing influence in global minister also highlighted the presence of major global asset managers, including BlackRock, alongside companies from China and Hong Kong, signaling Saudi Arabia's commitment to fostering international Al-Falih pointed to substantial growth potential in the Saudi insurance sector, predicting that it could expand from its current 2 percent of GDP to 7 or 8 percent. He identified significant opportunities beyond the dominant auto and health insurance sectors, including life, real estate, and specialized insurance products.
