NEW YORK - Monday, 06. November 2023

(BUSINESS WIRE) -- Moody's Corporation (NYSE:MCO) today announced the creation of a new analytical franchise within Moody’s Investors Service (MIS), the rating agency, that will focus on delivering strategic insights into the rapidly expanding private credit sector. Ana Arsov has been named Global Head of Private Credit, and will lead coordination of relevant research and rating initiatives across MIS. Ms. Arsov will also co-head the global Financial Institutions Group (FIG) along with Simon Harris.

The organizational updates reflect the growing importance of private credit in capital markets and investor demand for Moody’s research and ratings adjacent to the sector. The analytical franchise will provide transparency into the complex private credit markets and their interlinkages with broader capital markets.

“The rapid growth of the private credit market in recent years has introduced new cha ... Read more »

DENVER - Monday, 06. November 2023 AETOSWire Print 

Historic Mining-Industry Acquisition Sets the Standard for Gold and Copper Mining

(BUSINESS WIRE) -- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced it has completed the acquisition of Newcrest Mining Limited to create the world’s leading gold company with robust copper production.

“Today marks a historic milestone in our company and the industry with the successful completion of this transformational acquisition of Newcrest by Newmont,” said Tom Palmer, Newmont’s President and Chief Executive Officer. “Our attention now turns to safely, efficiently, and responsibly integrating Newcrest’s assets and people into Newmont’s proven operating model, so we can accelerate the delivery of our value-focused strategy for all our stakeholders.”

Fe ... Read more »

Dubai has achieved another remarkable global milestone by winning the bid to host and organise the 2024 World Cities Culture Summit (WCCS). This is the first time this will be held in the MENA region, taking place from October 30 to November 1, 2024. The announcement was made during a visit by a delegation from Dubai Culture and Arts Authority (Dubai Culture) attending this year's summit in São Paulo, Brazil, from October 25 to 27.

The World Cities Culture Summit focuses on creative cities that harness their potential in investing in the cultural and creative sectors. These cities possess the capability to craft cultural policies aimed at supporting and developing cultural activities for the decades ahead. Moreover, the summit explores the vital role of culture in the prosperity of cities and helps establish environmentally conscious development foundations.

Founded in 2012 under the leadership of the then Mayor of London, the World Cities Culture Forum thrives o ... Read more »