Jay Lurie, currently chief investment officer of DC Green Bank, has more than a decade in financing and infrastructure development worldwide in positions at Macquarie, Credit Suisse, and the World Bank Group’s International Finance Corporation (IFC). He talks with Global Finance about climate change and the finance sector.
The Trump administration scores a diplomatic victory.
Boeing plane crashes cause the company's stock to take a hit.
One of the three global ratings agencies adds ESG to its criteria for rating creditworthiness.
National security concerns dampen cross-border M&As.
Chaebols, an aging population, and an erratic northern neighbor are going to keep the new South Korean finance minister busy.
The high court ruled that online retailers must collect state sales tax from consumers but the international implications of this are unclear.
New Lowe's CEO faces a heavy lift.
Rising interest rates show no sign of dampening dividend payouts or stock buybacks. Not yet, at least.
The new chair of the U.S. Federal Reserve is steadily raising rates amid a more volatile economic environment.
EON and RWE swap assets to become a market leader.
Sovereign wealth funds are looking to buy data—and they're buying the data companies to acquire them.
Olaf Scholz’s spending policies and his Social Democratic Party's criticism of Angela Merkel's ‘forced austerity’ could lead to higher spending, a reduction of Germany’s historical surplus and the risk of inflation.
Asset valuation is one of a chief financial officer’s core functions. CFOs are regularly asked about the value of a company’s shares, assets and subsidiaries, as well as that of companies and assets targeted for potential acquisition. Yet increasingly, companies ...
Many small, fast-growing start-ups aspire to become a unicorn—a private company, usually in the technology space, with a valuation of more than $1 billion. Unicorns are mostly associated with tech hubs like Silicon Valley. But they’re slowly part of a ...
Longtime senior executives Greg Abel and Ajit Jain were promoted to vice chairman on January 10 and joined Berkshire’s board of directors. The announcement might suggest that Abel and Jain, alone or together, might lead the company in the near future.
South Korea’s new overtures to Kim Jong II are part of a broader regional diplomatic initiative. Moon visited China, a North Korean ally and key trading partner, in December 2017, and called for better South Korea-China relations.
The construction-equipment giant finds itself at the center of a tax controversy involving the Internal Revenue Service (IRS) and the impact of US tax reforms on domestic and international companies.
The Basel III rules aim to decrease bank leverage and increase liquidity. In addition to capital efficiency, the rules also institute stress testing and standardize market liquidity risk.
Zimbabwe’s new leadership faces a difficult macroeconomic environment.
Jerome Powell is President Donald Trump’s nominee to replace Janet Yellen as chair of the US central bank. He will start his tenure in February 2018.
The proposal includes review of additional categories of transactions, such as nonpassive investments in critical technologies or infrastructure companies.
Companies are concerned about the vague language of the bill about the applicability of the tax, and the fact that bilateral tax treaties, designed to avoid double taxation, will not function well under these circumstances.
Jalak Jobanputra, founding partner of Future\Perfect Ventures, an early-stage venture-capital fund, visited Global Finance to discuss the state of fintech, the future of blockchain and digital currencies, and how corporations can extract more value from such technology.
Companies that follow this strategy tend to create a culture of awareness about cost drivers, budget cuts and targets.
Richard Nephew, a former principal deputy coordinator for Sanctions Policy at the US Department of State who now teaches at Columbia University, visited Global Finance to discuss economic sanctions, their effectiveness, and why corporate finance leaders should care.
Kåre Schultz will take over as CEO at a time when the pharmaceutical company struggles with competition, downward pressure on drug prices, expiring patents, rising operational costs, bribery investigations, fines and failed acquisitions.
David Knopf, 29 years old, represents a new breed of millennial executives who have risen up the ranks at global companies.
SPACs , created in the US in the 1990s to help financial sponsors raise funds more quickly in capital markets, had suffered, until recently, from a weak IPO market and several failed acquisitions.