Private Equity Firm Advent Pauses Subway Pursuit as Auction Process Drags On
Advent International has stopped working on a potential deal for Subway as the auction of the sandwich chain
2023-08-04 02:16
Private Equity Deal Rut Spurs Firms to Raise Cash Creatively
For years private equity firms had a simple way to keep investors happy: sell assets and share the
2023-08-04 00:18
Bank of America Reversed Recession Call on Strong Jobs and Spending, CEO Says
Bank of America Corp. Chief Executive Officer Brian Moynihan said the firm reversed its prediction for a recession
2023-08-03 23:28
BOE Raises Rates to 5.25% With Warning Policy Will Remain Tight
The Bank of England raised interest rates to a new 15-year high, warning that its fight against inflation
2023-08-03 19:51
Niger’s New Military Leader Warns Against Intervention Threat
Niger’s new military leader said the junta wont bow to international pressure to relinquish power, escalating a standoff
2023-08-03 17:52
Infineon Shares Drop After Margin Outlook Misses Estimates
Infineon Technologies AG shares dropped the most in more than two years after the company’s fourth-quarter outlook raised
2023-08-03 15:58
Next Raises Profit Guidance Again as Summer Sales Boom
Next Plc raised its guidance for the second time in recent months after wet weather and sticky inflation
2023-08-03 15:19
Turkish Inflation Surges More Than Forecast to End Long Slowdown
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central
2023-08-03 15:15
Adidas Reports €400 Million in Yeezy Sales
Adidas AG generated about €400 million ($437 million) in sales from Yeezy shoes in the second quarter, roughly
2023-08-03 14:54
Booming West End Lifts Rents for London Landlord Shaftesbury
Rising rents for space in London’s West End helped offset the impact of soaring interest rates for landlord
2023-08-03 14:51
Swiss Inflation Slows Further as SNB Mulls September Rate Hike
Swiss inflation slowed to the lowest rate in one and a half years, testing the determination of Swiss
2023-08-03 14:50
AB InBev’s Global Growth Offsets Bud Light Marketing Fiasco
Anheuser-Busch InBev NV’s earnings beat analysts’ estimates as growth in key markets including Brazil and China offset a
2023-08-03 14:18