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United States Oil Fund receives green light to issue new shares

The United States Oil Fund LP, the largest U.S. oil-focused exchange-traded product, stated on Friday in a regulatory filing https://www.sec.gov/ix?doc=/Archives/edgar/data/1327068/000117120020000430/i20391_uso-8k.htm that it has gained approval to resume offering new shares.

People wait in front of an office of the state pension fund Colpensiones in...

As Colombia eyes pensions, market shudders

Colombia's financial market cringed last week when it learned the government was planning to order pension funds to transfer some $7.34 billion worth of contributions to the public retirement fund.

The logo of SoftBank Group Corp is seen at the company's headquarters in...

Breakingviews - VCs mistake diversity for a new asset class

Silicon Valley is at risk of treating diversity not as a challenge but as a new asset class. Andreessen Horowitz and SoftBank Group have new funds to back entrepreneurs of color, prompted by U.S. protests against racial injustice. Yet the problem isn’t a shortage of capital – it’s that what’s there rarely goes to black and minority founders. The fix for that starts with the venture capitalists themselves.

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