Wall Street bosses see deal drought easing as IPOs spur optimism
By Tatiana Bautzer NEW YORK Wall Street investment bankers are optimistic that dealmaking will pick up as new
2023-09-13 05:59
Sam Bankman-Fried loses bid for pretrial jail release
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried on Tuesday lost a bid to be released from jail so he
2023-09-13 05:25
US banks say regulators broke law as fight over proposed capital rules escalates
By Pete Schroeder WASHINGTON (Reuters) -U.S. bank groups on Tuesday accused the Federal Reserve and other regulators of violating federal
2023-09-13 03:49
McCarthy Launches Biden Impeachment Probe, Alleging Corruption
Speaker Kevin McCarthy launched an impeachment probe into President Joe Biden for what the Republican leader called a
2023-09-13 01:57
Synthetic graphite for EV batteries: Can the West crack China's code?
By Paul Lienert and Nick Carey New investments in the United States and Europe aim to challenge China’s
2023-09-12 22:22
Israel central bank says digital shekel launch an 'open question'
By Steven Scheer JERUSALEM Israel's central bank is pushing forward with plans to issue a digital shekel, citing
2023-09-12 21:53
US investment firm 777 Partners considering Everton majority purchase – reports
American investment firm 777 Partners have returned to the negotiating table at Everton but are now reportedly considering a majority purchase. The group had been in talks earlier this summer over a partial investment only for rivals MSP Sports Capital to enter into an exclusivity agreement with Toffees owner Farhad Moshiri. With the agreement now over after that potential investment fell through over repayments to existing lenders – although a £100million loan to help finalise the completion of a new stadium at Bramley-Moore Dock was agreed – it appears 777 have re-entered talks. However, reports suggest it is with a view to a full takeover of the club. Everton have been seeking outside investment for some time in order to free up finances to complete the new stadium. In January Moshiri, who has spent more than £500million on players since becoming the majority shareholder in 2016, said the club was not up for sale but admitted he was exploring funding options to cover the final stages of the £550m-plus build at Bramley-Moore which will is set to see the ground opened next season. The 777 group, which did not comment when contacted by the PA news agency, currently own, or part own, Genoa, Standard Liege, Hertha Berlin, Vasco de Gama and Melbourne Victory and the London Lions basketball team and British Basketball League. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-12 19:53
Factbox-Few suppliers of synthetic graphite for EV batteries
Although synthetic graphite has been around for more than 100 years, few companies are supplying the material to
2023-09-12 18:55
Marketmind: Risk and rates moving in tandem
A look at the day ahead in U.S. and global markets from Mike Dolan Both long-term borrowing rates and riskier
2023-09-12 18:28
German Investor Outlook Improves But Still Signals Weak Momentum
Investor confidence in Germany’s economy improved for a second month, while lingering at a level that will do
2023-09-12 17:59
Smurfit Kappa to Buy WestRock in $11 Billion Packaging Deal
Smurfit Kappa Group Plc agreed to acquire WestRock Co. in an $11.2 billion deal that creates a packaging
2023-09-12 17:58
Alibaba's new CEO embraces AI and wants a younger management team
Alibaba Group will embrace artificial intelligence (AI) and promote younger people to senior management, its new CEO says, as the e-commerce and cloud giant tackles its most ambitious restructuring in its history.
2023-09-12 17:57