Wall Street is buzzing with increasing speculation about a recession, as economists identify several indicators suggesting an impending economic downturn.
BP will continue to be the controlling shareholder of BP TANAP and retain long-term commercial and strategic interests, including governance rights, in the pipeline.
Apollo Global Management shares rise after announcing acquisition of majority stake in OEG Energy Group. The deal implies a headline valuation of more than $1 billion for OEG.
With the stock market currently in a correction, looking for stocks that have fallen sharply yet pay stable and growing dividends would be a good place to look for stocks that will benefit the most when the markets recover.
Following the deal’s closing, Bridge will operate as a standalone platform within Apollo’s asset management business. It will retain its existing brand, management team, and dedicated capital formation team.
Tiger Global Management makes aggressive bets on high-growth tech companies and reduces stakes in insurance and healthcare amid regulatory uncertainties.
