PAI Partners closes new $7.6 billion fund, surpassing target
(Reuters) – French buyout group PAI Partners said it had raised 7.1 billion euros ($7.59 billion) for its latest fund,…
Greek state bank bailout fund sells 9% of Alpha bank to Unicredit
(Reuters) – Greece’s state-controlled bank bailout fund HFSF said on Monday it sold its 9% stake in Alpha Bank to…
Stock Market Today: Dow in 2nd weekly win as tech stocks fuel major rebound
The Dow rallied to notch second-straight weekly win Friday as big tech led a rebound in stocks following a wobble…
TSMC shares jump on sales improvement amid chip demand surge
Shares of Taiwan Semiconductor Manufacturing Company (TSMC) surged during a heavy trading session last Friday, marking their most significant intraday…
Earnings call: Great Elm Capital Group reports strong fiscal Q1 2024, announces $10M stock repurchase program
Great Elm Capital Group (NASDAQ:GECC) reported a robust start to fiscal 2024 during its recent earnings call. The company generated…
Naira’s value continues to plummet despite Central Bank of Nigeria’s efforts
The Nigerian Naira continues to experience significant depreciation, despite the Central Bank of Nigeria’s attempts to strengthen the local currency.…
EU countries, lawmakers set to agree on light touch rules for Airbnb, sources say
(Reuters) – EU countries and European Parliament lawmakers are set to agree on light touch rules for Airbnb next week,…
U.S stocks are rising, attempting to rebound after Powell’s hawkish comments
U.S. stocks are rising, trying to rebound from their first down day in nine after Federal Reserve Chair Jerome Powell…
Illumina shares slip after genetic testing group lowers profit guidance
Shares in Illumina (NASDAQ:ILMN) shed more than a tenth of their value in early U.S. trading on Friday after the…
Freddie Mac tenders $2.1 billion in STACR Notes
In a recent financial maneuver, Freddie Mac announced the tendering of approximately $2.1 billion in Structured Agency Credit Risk (STACR)…