Critical Factors
- Citigroup announced Wednesday it ideas to go after an initial public featuring of its Mexico business, Banamex, generating official a long-telegraphed spinoff.
Citigroup to spin off its Mexico enterprise by means of IPO
Finance
Why China can withstand oil’s surge past $100 more easily than other countries
Key Points The latest Middle East tensions shed light on how the world’s three largest oil consumers have taken different approaches to energy. China has gradually increased the share of renewables in its total energy demand, more than the U.S. and India. China is the world’s largest oil importer, but it relies less on energy […]
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Finance
Robinhood’s venture fund, which gives investors access to private companies, tanks 11% on first day
Key Points The fund, which is trades under the ticker RVI, offers exposure to notable private companies such as financial services firm Revolut and software company Databricks. However, the launch comes during a tough time for public markets. Source
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