The Bermuda bank agrees to buy a 91.7% stake in CIBC Caribbean Bank for $1.8 billion, creating a regional giant. This article appears in the July/August issue of Global Finance Magazine. Butterfield Group has agreed to acquire a 91.7% stake in CIBC Caribbean Bank Limited for $1.8 billion — $1.09 billion in cash and the…
Already under US sanctions for his role in securing an arrest warrant for Israeli Prime Minister Benjamin Netanyahu, the chief prosecutor of the International Criminal Court is now at risk of being removed altogether. If member states do not stand up for judicial independence now, they may never get another chance. MADRID—Some institutional failures unfold…
Everyone deals with some form of temptation. Even companies with energy and mining outfits are prime examples, so with oil prices high today, mostly due to the war in Iran, it’s a good time to discuss corporate temptation as it relates to energy stocks, including Occidental Petroleum (OXY +2.25%). When it reported first-quarter results in…
en English Economics Jul 17, 2026 Koffi Alle Building on the success of his mega-refinery in Lagos, Nigerian industrialist Aliko Dangote is in talks to construct a second one in collaboration with several East African countries. African leaders should learn from Dangote’s…
Eli Lilly (LLY +0.76%) was second to market with a GLP-1 weight-loss drug, losing out to Novo Nordisk (NVO 2.31%). However, Eli Lilly’s Mounjaro and Zepbound produce stronger weight-loss results than Novo Nordisk’s Wegovy, and they quickly took the lead. Now, many on Wall Street see Eli Lilly as a GLP-1 stock, which it is….
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CNH is currently consolidating in a narrow range around 6.77. In their 1–3 week view, they maintain a downside bias toward 6.7600 as long as strong resistance at 6.7820 remains intact. Over 1–3 months, they see tentative upside potential if key…
Also in Weekend Reads: The changing bond market, housing-market opportunities and advice from the Moneyist.
Here is an interesting chart from Luke Kawa. It shows monthly returns of Goldman Sachs’ basket of retail favorite stocks. It’s down 12% this month through yesterday, which would make it the worst month since April 2022. Note that the bad and good months tend to cluster as momentum takes over. There were a couple…
investingLive Americas market news wrap: US stock markets struggle into the close as chipmakers, higher oil and NFLX weigh !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
en English Politics Jul 17, 2026 Adekeye Adebajo Commemorating the 250th anniversary of the United States requires an honest appraisal of not only its founding principles but also its racist and imperialist legacy. A clear-eyed assessment shows why many people in…