larry fink

BlackRock CEO larry fink cautions against optimism regarding the stock market recovery rally, suggesting a potential 20% decline due to substantial US tariffs and concerns about a contracting US economy. He notes that most CEOs believe the US is currently in a recession, with tariffs likely to fuel inflation.

Donald Trump's tariffs have triggered global market turmoil, with Asian markets plummeting and Indian markets experiencing significant losses. Investors are selling shares of companies with US exposure, and foreign investors are pulling out funds. Experts warn of a potential global recession and stagflation, though some remain optimistic about India's long-term growth.

Elon Musk's efforts to persuade Donald Trump to halt new tariffs failed, despite his significant financial support and influence. Trump not only ignored Musk's pleas but escalated the situation, threatening additional tariffs on Chinese imports. This public disagreement highlights a growing rift between the business world and Trump's protectionist trade policies, raising concerns about the economic fallout.

Jamie Dimon of JPMorgan Chase appears to be rethinking his support for Trump's tariffs amid US stock market decline, acknowledging their uncertainty for companies. Dimon had earlier defended them at WEF, viewing tariffs as economic tools. BlackRock CEO larry fink similarly expressed mixed concerns, seeing potential long-term benefits despite immediate economic strain.

larry fink, the world's largest asset manager with over $9 trillion in assets, recently undertook a brief visit to India to meet his business partner, Mukesh Ambani. In Mumbai, Fink toured the expansive Jio Campus in Navi Mumbai and RIL's high-end retail hub in the Bandra Kurla Complex.

larry fink, CEO of BlackRock Inc, has expressed serious concerns regarding the urgency of the US public debt situation, emphasizing it as unprecedented in his experience. In his annual letter, Fink warned of a potential future mirroring Japan’s economic stagnation in the late '90s and early 2000s, marked by austerity and minimal growth.

Ukrainian President Volodymyr Zelenskyy said he met with prominent American entrepreneurs and financiers, including Michael Bloomberg, larry fink, and Bill Ackman, during his visit to the United States. He said that they expressed readiness to make significant investments in Ukraine for post-war reconstruction once security guarantees are in place.

BlackRock COO Robert Goldstein revealed that an AI chatbot ChatGPT wrote a strategy memo presented to employees, unnoticed. Speaking at the Future of Finance conference, Goldstein shared the AI's role in productivity enhancement and employee efficiency through AI investments.

The World Bank is collaborating with a club of 15 finance executives, including BlackRock's larry fink and AXA SA's Thomas Buberl, through the Private Sector Investment Lab (PSIL) to reduce investment risks in climate projects in emerging economies. The PSIL aims to create a securitisable asset class that will attract deep-pocketed investors like BlackRock and large pension funds. This initiative is part of the World Bank's efforts to mobilize funds for addressing climate change and facilitating the transition to clean energy.

Vivek Ramaswamy, the Indian-American Republican presidential candidate, has delivered a significant foreign policy address in his home state of Ohio, outlining his vision for achieving economic independence from China. He proposed a series of measures aimed at realizing this goal, along with fostering stronger ties with countries like India.

The final day of Anant Ambani and Radhika Merchant's pre-wedding celebrations was truly a sight to behold. Film superstars Amitabh Bachchan, Rajinikanth, Shah Rukh Khan, Salman Khan, Aamir Khan, Ranveer Singh, Deepika Padukone, Abhishek Bachchan, Aishwarya Rai Bachchan, Ranbir Kapoor, Alia Bhatt, Ananya Panday, Aditya Roy Kapur among others graced the event.

Anant Ambani and Radhika Merchant, set to wed in July, commence pre-wedding celebrations on March 1 in Gujarat's Jamnagar. Radhika's pharmaceutical family background adds significance to the festivities, drawing high-profile guests like Ivanka Trump, Meta CEO Mark Zuckerberg, and other industry giants. The star-studded affair features performances by international sensation Rihanna and Bollywood luminaries such as Ranbir Kapoor, Alia Bhatt, and Shah Rukh Khan. Scheduled from March 1 to 3, 2024, the event promises a blend of glamour and festivity. Anant and Radhika's engagement in December 2022 set the stage for their forthcoming nuptials on July 12, marking the union of two prominent families. The grandeur and anticipation surrounding the pre-wedding celebrations in Jamnagar underscore the significance of this union in the social and cultural landscape.

Reliance Industries Chairman Mukesh Ambani leads a Forbes list of 'Global Game Changers'. The list includes 25 "intrepid business leaders" who are "unsatisfied with the status quo" and "transforming their industries and changing the lives of billions of people around the globe."

Around 150 speakers will participate in the fourth edition of the Future Investment Initiative (FII), organisers said, seeking to showcase the insular kingdom as a dynamic investment destination.

But she also made time to have calls with several business executives, including two whose industries have been hard hit by the pandemic: Scott Kirby, chief executive officer of United Airlines, and Greg Smith, the chief financial officer of Boeing Co.

Microsoft CEO Satya Nadella warned that countries that fail to attract immigrants will lose out as the global tech industry continues to grow. "Every country is rethinking what is in their national interest," Nadella said in an interview with Bloomberg on Tuesday at Davos. Governments need to "maintain that modicum of enlightenment and not think about it very narrowly".