
Ares-Led Group Provides $521 Million Loan for InvoCare Buyout
TPG Inc. has lined up a group of private credit funds led by Ares Management Corp. to help
2023-08-11 09:22

Czech labor unions stage a day of action in protest at spending cuts and taxes
Labor unions have staged a day of protests and strikes across the Czech Republic to voice their opposition to the government’s package of cuts and austerity measures meant to keep the ballooning deficit under control
2023-11-27 19:23

US joins in other nations in swearing off coal power to clean the climate
The United States is now committed to the idea of phasing out coal power plants, joining 56 other nations in kicking the coal habit
2023-12-02 17:58

Germany’s Scholz Rejects Calls for More Spending to Help Economy
Chancellor Olaf Scholz rejected calls for higher, debt-financed federal spending to boost growth and said Germany is well
2023-08-26 20:23

Exclusive-S.Korea considers limiting tenure of local currency, swap traders - sources
By Seunggyu Lim, Cynthia Kim and Jihoon Lee SEOUL South Korea is reviewing measures to limit currency and
2023-09-15 13:27

Oil rises as US sanctions, stockpile forecasts raise supply worries
By Katya Golubkova and Andrew Hayley TOKYO/BEIJING (Reuters) -Oil prices were up on Friday after the U.S. tightened its sanctions
2023-10-13 14:45

Tottenham owner Joe Lewis indicted in the US for ‘brazen insider trading scheme’
Tottenham owner Joe Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”, a US attorney said. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “Today I’m announcing that my office, the Southern District of New York, has indicted Joe Lewis, the British billionaire, for orchestrating a brazen insider trading scheme. “We allege that for years Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing.” Mr Williams described Lewis’s behaviour as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege, he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers. “That’s classic corporate corruption. It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. “That’s why Joe Lewis has been indicted and will face justice here in the Southern District of New York.” Lewis, 86, is the founder and primary investor of Bahamas-based investment firm Tavistock Group. He bought a controlling stake in the Premier League club from Lord Sugar in 2001 for £22million.
2023-07-26 07:45

Bankman-Fried loses bid for release from jail during trial
NEW YORK Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, on Thursday lost his bid to
2023-09-28 22:58

Europe Needs More LNG to Ease Tight Market, Uniper CEO Says
Europe needs more liquefied natural gas to provide relief to its market as the region recovers from last
2023-11-30 19:57

Czech Central Bank Head Says Don’t Expect Rate Cut Any Time Soon
Czech central bankers must avoid easing monetary conditions any time soon because inflation remains “extremely high” and underlying
2023-09-17 21:46

German Business Outlook Drops Amid Weak Factory Performance
Germany’s business outlook deteriorated for the first time since October as a struggling manufacturing sector threatens to undermine
2023-05-24 17:45

Exclusive-China orders local governments to cut exposure to public-private projects as debt risks rise, sources say
BEIJING China has ordered its local governments to halt public-private partnership projects identified as "problematic" and replaced a
2023-11-14 16:23
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