Ken Griffin Ramps Up Credit Trades, Anticipating US Recession
Ken Griffin, whose hedge fund churned out a record $16 billion for clients last year, is increasing his
2023-06-14 11:54
Databricks Says Annual Revenue Jumped 60% to Top $1 Billion
Databricks Inc. said it generated $1 billion in annual revenue and has diversified its business with new products
2023-06-14 03:29
Private Equity Firms Have $1.5 Trillion to Spend, But Are Struggling to Seal Deals
Private equity firms hunting for acquisitions with their $1.5 trillion of unspent capital are struggling to seal deals
2023-06-13 17:49
Norway’s GDP Misses Estimates With Biggest Drop in 15 Months
Norway’s economy trailed expectations in April by contracting the most in 15 months, painting a dimmer picture than
2023-06-13 16:58
Pernod Ricard to Buy Majority Stake in Canada’s Ace
Pernod Ricard agreed to buy a majority stake in Canada’s Ace Beverage Group as the maker of Absolut
2023-06-13 16:58
Putin’s Economic Forum Puts Russia’s Isolation on Display
Vladimir Putin’s annual economic forum in St. Petersburg was a magnet for global politicians and investors until his
2023-06-13 12:28
Berlusconi’s Death Set to Reshape Media, Political Empires
The passing of Silvio Berlusconi may trigger a wide-scale reshaping of his business empire just as it sets
2023-06-12 22:45
Eskom Latest: Mozambique Supplies 100MW; Respite From Outages
Mozambique will supply electricity-starved South Africa with 100 megawatts of power immediately and an additional 600 megawatts in
2023-06-12 20:54
Saudi Arabia’s Golf Deal Puts Biden and PGA in Same Awkward Position
The PGA Tour and President Joe Biden have learned the same hard lesson in recent months: Saudi Arabia
2023-06-12 05:23
Nigerian Ouster of Central Bank Governor Seen as Market Positive
Markets are likely to respond positively to the weekend ouster of Nigeria’s central bank governor, which will allow
2023-06-11 22:27
CBI Sponsors Abandon Beleaguered Lobby Group’s Annual Conference
The Confederation of British Industry has been abandoned by major sponsors of its annual conference, posing another challenge
2023-06-11 12:22
There’s More Trouble Coming for Regional Banks
The stock market is growing more sanguine about US regional banks, but the lenders still face serious pressure.
2023-06-11 04:16