Blackstone to End Legacy Strategy That Gave Money to Hedge Funds
Blackstone Inc. is winding down a strategy that allocated capital to hedge funds ranging from Two Sigma Investments
2023-11-21 18:54
Bond Managers of $2.5 Trillion Make Case for Leaving Cash Behind
For investors stashing record sums in cash, US bond managers overseeing a combined $2.5 trillion have a bit
2023-11-21 18:19
Bond Traders Boost US Recession Bets as the Economy Stumbles
Treasury investors are turning increasingly skeptical the Federal Reserve will deliver a soft landing for the US economy
2023-11-21 17:59
Siemens Energy Confronts Bruised Investors Looking for Answers
After multiple shocks wiping off billions of euros of market value, Siemens Energy AG will be trying to
2023-11-21 17:46
Swiss Watch Exports Rise Again as Low-Priced Timepieces Surge
Swiss watch exports rose in October with shipments to the key US and Chinese markets increasing and lower-priced
2023-11-21 16:55
Italy Sells 25% Stake in Monte Paschi for About €920 Million
Italy sold about 25% of Banca Monte dei Paschi di Siena SpA for approximately €920 million ($1 billion)
2023-11-21 16:54
M&A Battle Fuels $500 Million Family Office’s Europe Deal Spree
Brian Souter built one of the world’s largest transport fortunes over the past four decades through Stagecoach, the
2023-11-21 16:23
British Airways Owner Promises to Reinstate Dividend Payout
British Airways owner IAG SA dangled the prospect of resuming dividend payments for the first time after the
2023-11-21 16:19
Citigroup’s Top Saudi Banker Haddad Takes Vice Chairman Role
Citigroup Inc. named Carmen Haddad, one of the firm’s most senior bankers in the Middle East, to a
2023-11-21 16:17
Hunt Given £17 Billion UK Borrowing Boost Before Statement
UK government borrowing is running 15% below official forecasts, setting the stage for Chancellor Jeremy Hunt to announce
2023-11-21 15:55
German Budget Crisis Deepens With Freeze on This Year’s Finances
Germany’s budget crisis deepened when the Finance Ministry imposed an emergency spending freeze in response to last week’s
2023-11-21 14:51
OpenAI in ‘Intense Discussions’ to Unify Company, Memo Says
OpenAI is in “intense discussions” to unify its divided staff, Vice President of Global Affairs Anna Makanju wrote
2023-11-21 14:21