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Why the Elites Are Losing Sleep

Who says nothing gets done at the World Economic Forum in Davos, Switzerland? As the weeklong winter fest, which costs tens of thousands of dollars to attend, has grown over the past decade, it has become as much about dealmaking as about brainstorming solutions to the world’s problems. In fact, gray-suited consultants slipping around the Magic Mountain in their city loafers now seem to outnumber genuine thought leaders (to use a very WEF term) by about 2 to 1. Still, the elite haven’t abandoned Davos. This year’s shindig drew several heads of state, the world’s top bankers and a good helping of Fortune 500 CEOs, Nobel laureates and rock-star entrepreneurs (though, for once, no rock stars). Davos remains, as Foreign Policy Group CEO David Rothkopf put it, “the factory in which conventional wisdom is manufactured.” And so it is in that spirit that we offer this year’s best takeaways, factory-direct. A New Bubble? We are now in historically uncharted territory in terms of how ...

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Found more than 1 month ago on channel TIME Business

Europe Markets: Europe stocks steady with all eyes on the Fed

European stock markets trade in tight ranges in early trade on Wednesday, as investors stay on the sidelines ahead of a policy decision from the U.S. Federal Reserve due after the market close.

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Found more than 1 month ago on channel MarketWatch

Ireland: ESMA Guidelines On Remuneration Policies Under The AIFMD - Mason Hayes & Curran

The European Securities and Markets Authority (‘ESMA’) has published Guidelines on Sound Remuneration Policies under the Alternative Investment Fund Managers Directive (‘AIFMD’).

aifmd authorities curran directive esma european hayes investment ireland mason policy remuneration securities

Found more than 1 month ago on channel Mondaq

Metals Stocks: Gold struggles around $1,600 after Fed inaction

Gold futures struggle to find support around the $1,600-an-ounce level as investors look ahead to the European Central Bank policy meeting after the Federal Reserve refrained from more monetary stimulus.

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Found more than 1 month ago on channel MarketWatch

Asian shares ease after Fed inaction, hopes now on ECB

TOKYO - Asian shares fell while the euro and commodities inched higher on Thursday as investors hope the European Central Bank will take policy action later in the day after the U.S. Federal Reserve stopped short of offering fresh stimulus.

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Found more than 1 month ago on channel Reuters