Category: FINANCE
Ukraine Foils $40 Million Artillery Shell Embezzlement Scam
Ukraine suspects five people of embezzling $40 million earmarked for artillery shells for the country’s ammunition-starved army as the war with Russia approaches a third year. The group, including …
DRC Strikes New $7 Billion Mine Road-Financing Deal With China
The Democratic Republic of Congo is set to receive $7 billion in financing as part of a revamped minerals-for-infrastructure contract with China, according to the mining company at the heart of the …
Blackstone Seeks Private Credit for $2.3 Billion Rover Buyout
Blackstone Inc. has approached direct lenders for help financing its $2.3 billion acquisition of Rover Group, seeking about $250 million of private debt, according to people with knowledge of the …
Microsoft eliminará 1.900 empleos en el área de videojuegos
Microsoft Corp. despedirá a 1.900 personas en sus divisiones de videojuegos, incluida Activision Blizzard, que compró por US$69.000 millones en una adquisición que se cerró a fines del año pasado. En …
Louise Blouin Sells Southampton Mansions for $88.5 Million, a 41% Markdown
Following a saga that began at least four years ago, two adjacent Hamptons estates owned by the Canadian publisher Louise Blouin sold for a combined $88.5 million on Wednesday. The total is a 41% drop …
Deutschlands Bankenbranche sucht rund 33.000 neue Mitarbeiter
Die deutsche Bankenbranche hat trotz trüber Konjunktur im vierten Quartal die Anzahl ihrer Stellenangebote weniger stark reduziert als die Gesamtwirtschaft. Viele Institute kämpfen mit einem Mangel an …
Fox Must Face Smartmatic’s $2.7 Billion Defamation Suit
Fox Corp. was ordered to face a $2.7 billion defamation lawsuit by Smartmatic Corp., one of two voting technology companies falsely accused on Fox News of rigging the 2020 US presidential election …
APAC loans market overview in 2023
Continuing its downward trend since 2021, the APAC ex-Japan syndicated loans market volume in 2023 saw a 5.1% drop compared to 2022.
Canva Holders Are Said to Near Expanded $1.5 Billion Share Sale
Australian software company Canva Inc. is close to completing a share sale that’s set to raise more than $1.5 billion, according to people familiar with the matter. The share sale by a group of …
China GDP Grew Around 5.2% in 2023, Premier Li Says at Davos
China’s economy grew around 5.2% in 2023, surpassing the government’s official growth target for the year without relying on “massive stimulus,” Chinese Premier Li Qiang said in Davos, Switzerland.