A North Side tax district is on track to pay off a major facelift of four CTA stations and the century-old infrastructure connecting them way ahead of schedule.
Rajiv Batra addresses global investors' concerns about India's growth and policy, emphasizing the need for double-digit earnings and nominal GDP growth to reignite foreign investor interest. He suggests profit-taking in pharma due to US generic concerns and underwhelming earnings. Batra remains positive on financials and monitors the Jackson Hole Symposium for its impact on rate cuts.
China Concord Resources Corporation has started developing two oilfields in Venezuela. The company plans to invest over one billion dollars. The aim is to produce 60,000 barrels of crude oil daily by the end of 2026. This project marks a significant investment by a private Chinese firm. It is happening despite international sanctions on Venezuela.