Russia's ruble hits a 17-month low to the dollar as the Ukraine war bites
The ruble hit a 17-month low against the dollar Monday, highlighting the growing squeeze on Russia's economy from Western sanctions and a slump in export revenues.
2023-08-14 16:19
Trucking firm Yellow extends bankruptcy loan negotiations until next week
NEW YORK Trucking firm Yellow Corp will extend negotiations on a bankruptcy loan until next week, seeking to
2023-08-11 22:47
Italy signs preliminary deal with KKR to take up to 20% of TIM's grid
MILAN (Reuters) -The Italian government could end up with a stake of as much as 20% in Telecom Italia's landline
2023-08-11 16:54
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
US Supreme Court to scrutinize Purdue Pharma bankruptcy settlement
By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday agreed to hear a challenge by
2023-08-11 04:19
Thyssenkrupp targets upper end of operating profit outlook
FRANKFURT (Reuters) -Thyssenkrupp on Thursday said it was now targeting the upper end of its operating profit outlook range in
2023-08-10 13:18
Trucking firm Yellow explores alternate bankruptcy loans
By Dietrich Knauth NEW YORK (Reuters) -Bankrupt trucking company Yellow Corp will not seek court approval to borrow $142.5 million
2023-08-10 03:49
IPO Investors Are Putting Money to Work, Only at Steep Discounts
Investors, burnt by the class of 2020 and 2021 initial public offerings that trade under water, are cautiously
2023-08-09 23:28
Ukraine's annual consumer inflation slows to 11.3% in July
KYIV Ukraine's annual consumer inflation slowed to 11.3% in July compared with the same month a year ago,
2023-08-09 21:57
PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
2023-08-09 05:57
Teamsters union pushes for US bankruptcy reform after Yellow's collapse
By Dietrich Knauth NEW YORK The International Brotherhood of Teamsters on Tuesday called for changes to U.S. bankruptcy
2023-08-09 05:56
KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:58