Derivatives meltdown at JP Morgan is far from over
Bloomberg’s Stephanie Ruhle reports on Jamie Dimon’s disclosure of JPMorgan’s $2 billion trading loss, how regulations may have forced his hand in revealing the loss and that there may be further huge losses yet to…
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Marc Faber sees 1987-style stock market crash coming this autumn
Marc Faber, publisher of the Gloom, Boom & Doom report, spoke with Bloomberg TV’s Betty Liu and said that, ‘I think the market will have difficulties to move up strongly unless we have a massive…
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Marriott prepares to open world’s tallest hotel in Dubai
The twin towers of the Marriott Marquis will be just 26 metres shorter than the Empire State Building in New York and the tallest freestanding hotel in the world, a reputation currently held by another…
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FX Concepts sees Greece out of the euro this summer
Bloomberg TV’s Erik Schatzker and Sara Eisen talk to John Taylor, founder of the world’s largest currency hedge fund FX Concepts, who says that Greece will leave the euro this year.
He went on to…
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Melia is Dubai’s latest five-star business debutante
Melia Group Vice President Daniel Lozano Lanuza speaks to ArabianMoney editor and publisher Peter Cooper at the Arabian Travel Market about his group’s debut in Dubai with the opening of its first hotel last month.…
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Return of Dubai’s underwater hotel symptomatic of mini-boom
Last week ArabianMoney reported extensively from the very lively Arabian Travel Market but this report from Bloomberg shows just how the hospitality boom is bringing back the excesses of the Dubai real estate bubble.
Dubai…
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Jebel Ali hotels in expansion mode
ArabianMoney talks to David Thomson, regional general manager of the Jebel Ali International hotel chain about their latest hotel on the Jumeiriah Beach front and the exciting new extension to the original Jebel Ali resort…
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Waiting for QE3 may not save stocks this summer says Mohamed El-Erian
Pimco’s Mohamed El-Erian talks about the very poor April jobs report. He speaks on Bloomberg Television’s ‘In The Loop’.
Markets are going to come off the fence, one way or another is his conclusion. It…
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Sofitel gearing up to open massive Palm Jumeirah resort
Out and about at the Arabian Travel Market last week ArabianMoney editor and publisher met Sofitel regional Vice President Sami Nasser to hear about its upcoming hotel launches.
Probably the most dramatic will be the…
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The impending US fiscal cliff, when will investors wake up?
Thomas Lee, chief US equity strategist at JPMorgan Chase, Betty Liu and Dominic Chu talk about the impending fiscal cliff that is facing the US economy and what that might mean for investors. They speak…
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