News & Perspective
Keep current on recent E.J. McKay news & industry trends.
Why the ‘Andean Three’ will bounce back quickly from Coronavirus
Emerging markets have been flattened by the stampede for the exit. The Institute for International Finance estimates that overseas investors pulled $95billion from emerging markets in the first quarter of 2020 – the…
Chevron picks Noble in biggest U.S. energy deal since the oil crash
Chevron (is) taking advantage of its strong relative performance versus the US exploration and production companies and capitalizing on the downturn to buy into some high-quality assets : Brings high quality assets to…
Alibaba’s Jack Ma sells $9.6 billion worth shares, stake dips to 4.8%
Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.4%, cashing out around $9.6 billion at its current share price, the…
Velodyne becomes latest tech company to go public using a SPAC, eschewing the traditional IPO path
Velodyne Lidar, the leading supplier of a sensor widely considered critical to the commercial deployment of autonomous vehicles, said it has struck a deal to merge with special-purpose acquisition company Graf Industrial Corp.,…
China’s economic recovery reveals its resilience, dynamism
The US Consumer News and Business Channel website quoted economists as saying that the Chinese economy is improving and there may be “impressive” growth in China’s economic development.Strong and precise government supports, including…
Chesapeake Energy’s bankruptcy delivers hit to reeling pipeline, service firms
Chesapeake Energy Corp’s bankruptcy will pile more pain onto leading energy service and pipeline companies whose revenues were already being slammed during the latest collapse in oil prices, according to energy analysts and…
