Goldman Takes More Risk in Commodities as Earnings Recover

Goldman Sachs Group Inc. reported slightly higher risk-taking in commodities and signaled a recovery for the business that last year suffered its worst performance since the bank went public in 1999. Commodity performance increased significantly compared with the second quarter of 2017, Chief Financial Officer Marty Chavez told analysts on a conference call. Goldman’s commodities
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A majority of Indian and foreign investors consider that high oil prices have emerged as a significant risk to the Country’s economy, Moody’s Investors Service said recently. The US rating agency’s report is based on a survey of 175 respondents, including from over 100 financial institutions at the annual India Credit Conference in Mumbai and
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ABS announced its successful development of a groundbreaking new methodology to measure cyber security risk associated with operational technology, providing marine and offshore clients a calculated risk index for vessels, fleets and facilities. The index quantifies cyber security risk and gives owners and operators an actionable strategy to reduce cyber risk onboard a vessel. Until
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Commerce and Industry Ministry Suresh Prabhu has cautioned that unilateral trade measures and counter measures can stop the fragile global economic recovery in its tracks and have implications for jobs, economic growth and development. Commenting on the recent cycle of unilateral trade measures and proposed counter measures, Prabhu said “actions and counter actions such as
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The US’ declaration that the overnight missile strikes against Syria would be limited and a “one-time shot” may tamp down some of the risk to oil prices spiking when markets open Monday. At the moment, there appears to be no escalation of the conflict with Russian and Iranian forces, after the US and allies the
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