Carlyle Group stake buy values Quest Global at $2 billion, sources say

(Reuters) -U.S. private equity firm Carlyle Group (NASDAQ:CG) has agreed to purchase a minority stake in Quest Global Services that…

Meta Platforms seeks to stop privacy breach fine in Norway -court filing

(Reuters) – Meta Platforms is asking a court in Norway to stop a fine the Nordic country’s data regulator imposed…

Some global investors skip Ant’s buyback after valuation slumps 70% – Bloomberg News

(Reuters) – A number of global investors are opting out of Ant Group’s proposed share buyback after the Chinese fintech’s…

Italy hits banks with 40% windfall tax for 2023

(Reuters) -Italy has approved a one-off 40% tax on profits banks reap from higher interest rates and it plans to…

German airport operator Fraport sees earnings boost on high travel demand

(Reuters) -Frankfurt Airport operator Fraport on Tuesday said its 2023 core profit would hit the upper half of its forecast…

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.70%

Saudi Arabia stocks were lower after the close on Monday, as losses in the Hotels & Tourism, Media & Publishing…

Upstart sinks after Morgan Stanley says ‘fade’ stock ahead of results

Investors should sell the low-quality rally in shares of Upstart Holdings (NASDAQ:UPST), said analysts at a top tier Wall Street…

Tesla appoints Vaibhav Taneja as new CFO

Electric vehicle giant Tesla (NASDAQ:TSLA) said in a filing Monday that it has appointed Vaibhav Taneja as its new Chief…

KKR income falls by less than anticipated in the second quarter

KKR (NYSE:KKR) has posted a decline in earnings in the second quarter, but still beat forecasts, as the alternative asset…

Dollar edges up ahead of inflation release, euro digests German data

(Reuters) – The dollar rose on Monday after a mixed U.S. jobs report on Friday sent the U.S. currency to…