Analyst news

• Libya SWF trial against Goldman Sachs set to start at London High Court

  12-06-2016 16:14 via news.yahoo.com
  
  Libya's $67 billion (47 billion pounds) sovereign wealth fund will go head-to-head with Goldman Sachs in London's High Court this week over claims that the U.S. investment bank exploited the fund by encouraging it to make risky and ultimately worthless investments. In what will be one of the most closely watched cases in the City of London, the Libyan Investment Authority (LIA) is attempting to claw back $1.2 billion from the Wall Street giant from nine disputed trades carried out in 2008. It sp
  
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• Seven Powerful Women Who Could Be in a Clinton Cabinet

  12-06-2016 14:15 via news.yahoo.com
  
  Speculation is swirling about the possibility of Hillary Clinton choosing Elizabeth Warren, the outspoken progressive U.S. senator from Massachusetts, as her running mate (though there are reasons to believe that won’t happen). Related: Are Warren’s Attacks on Trump a Rehearsal for Clinton’s Veep? A darling of the far left, Warren has been a fierce critic of Wall Street and is widely considered the architect of the Consumer Financial Protection Bureau.
  
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• MIDEAST STOCKS-Gulf may pull back after retreats in oil, global stocks

  12-06-2016 07:37 via news.yahoo.com
  Bourses in the Gulf may fall on Sunday as investors book profits following a retreat in oil prices and a pull-back by international stock markets. On Friday, Brent crude lost 2.7 percent to close at $50.54 a barrel, its largest drop in a month, while Wall Street followed the lead of Asian and European stocks to fall for a second straight day.
  
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