Oil prices fell in early Asian trading on Tuesday after investment banking firm Goldman Sachs said that prices needed to remain low in coming months to achieve a slowdown in US production growth.
Brent May crude had dropped almost
Global oil prices continued the week's rout with benchmark Brent crude falling for a fourth consecutive session on Tuesday to its lowest in almost six years, despite China reporting record crude imports.
Oil fell 5 per cent to its l
Goldman Sachs is expected to sign a $1.15-billion project financing loan for Dubai Park and Resorts this week, which will finance the construction of a $2.9 billion amusement park complex in Dubai, UAE, banking sources said.
The loan ha
A lawyer seconded to the Libyan Investment Authority, which is suing Goldman Sachs over $1 billion of trades that ended up worthless, was "shocked" by the bank's "inappropriate" relationship with the fund, according to co
Goldman Sachs Group is considering raising a new infrastructure fund, according to three people familiar with the matter, even as US regulations threaten to reduce its profits from such endeavours.
The bank's plans are tentati
The world's top deal adviser for nine of the past 10 years, Goldman Sachs Group has been notably absent on 2014's largest mergers and acquisitions, including Facebook's $19 billion deal to purchase mobile messaging service WhatsApp.
Warren Buffett's Berkshire Hathaway eliminated its stake in Dish Network Corp in the fourth quarter and added a stake in financial giant Goldman Sachs, according to a regulatory filing on Friday.
Berkshire had taken the Dish p
Goldman Sachs Group has slashed employee compensation costs by 35 per cent in the third quarter as bond-trading revenue plunged, an unusual step that signals the bank's concern about performance for the rest of the year.
Arcapita, an international investment firm headquartered in Bahrain, said it has emerged from Chapter 11 reorganization proceedings in the United States.
Under the terms of the reorganization, “New” Arcapita (legally r
Goldman Sachs Group Inc said on Tuesday quarterly profit doubled, beating Wall Street estimates, boosted by returns from investing the bank's own money.
The investing and lending segment, which tracks the bank's investment