Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter
Rene Benko’s €23 billion ($25 billion) retail and property empire is on the cusp of a wave of
2023-11-27 20:45
Sunak Will Pledge UK Support for New Climate Damage Fund at COP28
UK Prime Minister Rishi Sunak is set to pledge his support for a new fund to help vulnerable
2023-11-25 18:54
Madagascar’s President Rajoelina Is Re-Elected for Another Term
Voters in Madagascar re-elected Andry Rajoelina as the Indian Ocean island nation’s president after he secured more than
2023-11-25 17:15
Boards Waffle Over Buyout Bids in $40 Billion Takeover Wave
A wave of dealmaking has come to Europe, and corporate boards aren’t sure what to do about it.
2023-11-24 18:58
Congo’s New Rules Could Force Banks to Sell Stakes of Up to 45%
A directive from the Democratic Republic of Congo’s central bank has lenders in the country concerned they may
2023-11-24 15:52
What We Know About Banks at Risk From Benko’s Crumbling Empire
The crumbling of Austrian tycoon Rene Benko’s property empire has investors on edge. Swiss lender Julius Baer Group
2023-11-23 22:59
Klarna Wins Regulatory Approval to Offer Credit, Payments in UK
Klarna Bank AB won approval to offer credit and payment products in the UK, though the new authorization
2023-11-23 22:25
Iranian Poverty Spread in ‘Lost Decade’ of Sanctions and Oil Swings, World Bank Says
Almost 10 million Iranians have slipped into poverty from a combination of sanctions, bad economic management and volatile
2023-11-23 10:54
Mubadala to Anchor Private Credit Fund for European Property
Mubadala Investment Co. said it will be an anchor investor in a new special situations fund set up
2023-11-22 16:27
What Will Happen in Gaza After Israel Stops Its War on Hamas?
As Israel wages its war in the Gaza Strip, officials across the world are united in trying to
2023-11-22 13:21
A New Front Is Opening Up in the US-China Conflict Over Chips
President Joe Biden has adopted a two-pronged approach to constrain China’s high-tech progress, curbing Beijing’s access to leading-edge
2023-11-21 09:16
OpenAI Investors, Led By Thrive, Angle to Bring Back Altman
OpenAI’s investors are still trying to return co-founder Sam Altman to a leadership role at the ChatGPT maker,
2023-11-21 08:17