Wednesday 29 July 2015
 
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Goldman Sachs

Goldman cuts oil price forecasts for next 5 years

Goldman Sachs slashed its crude oil price forecasts for 2016 to 2020, citing improved US shale efficiency meeting global oil demand, coupled with unimpeded Opec productivity. "We see global oil demand being met by U.S. shale,

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Foodpanda raises additional $100m in funding

Berlin-based foodpanda/hellofoods, a leading global online food delivery marketplace, has received new financing of $100 million. The financing was led by Goldman Sachs, while existing investors including Rocket Internet also part

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Foodpanda raises additional $100m in funding

Berlin-based foodpanda/hellofoods, a leading global online food delivery marketplace, has received new financing of $100 million. The financing was led by Goldman Sachs, while existing investors including Rocket Internet also part

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Oil falls as Goldman sees prices low for months

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

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Oil rout continues despite record China imports

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

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Goldman leads $1.15bn loan for Dubai theme parks

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

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Goldman had 'inappropriate' relationship with Libyan fund

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

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Goldman Sachs mulls new infrastructure fund

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

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WhatsApp? No sign of Goldman Sachs

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.

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Buffett dumps Dish, ups stake in Goldman

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

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