abu dhabi

Finance

Abu Dhabi’s Mubadala Capital Takes Big Step Into US Credit Market

Photo by Web Summit via CC BY 2.0

Mubadala Capital, which manages $27 billion in assets, will take a 42% stake in Silver Rock Financial, which manages $10 billion in assets.

2 min read

Photo via Connor Lin / The Daily Upside

Advisor Upside

CI Financial to be Taken Private in Deal with Mubadala Capital

The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Lars Plougmann via CC BY-SA 2.0 and IBM España

Technology

The Costs and Benefits of Quantum Computing

Big Tech and startups alike are making strides in the race to supplant classical computers, but a few roadblocks remain.

5 min read
Photo by Tony Wu via Pexels

Energy

OPEC+ Once Again Moves to Cut Production

The global oil cartel announced it would be extending its ongoing production cuts through the first few months of next year.

1 min read
Photo by Library of Congress via Unsplash

Industries

Natural Disasters Cost the Insurance Industry $135 billion this year

So far this year, hurricanes, thunderstorms, and floods have cost the insurance industry a collective $135 billion in losses.

1 min read

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