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Category: Economy

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Latest News (22358 articles)

Economy Bloomberg
86d ago
Noba Bank Backers Raise $560 Million in First Post-IPO Selldown

Buyout group Nordic Capital and Finnish insurer Sampo have raised about 5 billion Swedish kroner ($560 million) through the sale …

Investors Nordic Capital and Sampo have sold a 10% stake in Noba Bank Group AB … High (90%)
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Economy Bloomberg
86d ago
Big Rout in Brazil Bonds Reignites Fears Over Corporate Distress

It’s just two companies. But their escalating financial strains have sent bondholders racing to the exits and sown fear that …

Brazilian corporate bonds are experiencing a significant sell-off due to two companies' financial distress, sparking … High (90%)
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Economy Bloomberg
86d ago
Coller Strikes $1.3 Billion Credit Secondaries Deal With Ares

Secondaries firm Coller Capital closed a deal to extend the life of an Ares Management Corp. private credit portfolio, amassing …

Coller Capital has closed a $1.3 billion credit secondaries deal with Ares Management Corp., extending … High (90%)
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Economy Bloomberg
86d ago
Wealth Manager Stocks Sink as New AI Tool Sparks Disruption Fear

Tax planning and wealth management stocks sank Tuesday after financial software provider Altruist Corp. launched an artificial intelligence tool for …

Wealth management stocks declined after Altruist Corp. launched an AI tool for tax strategies, sparking … High (90%)
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Economy Bloomberg
86d ago
Ares CEO Calls AI, Private Credit Fears ‘Odd’ and ‘Frustrating’

Ares Management Corp. Chief Executive Officer Michael Arougheti downplayed the idea of trouble in the private credit market and fears …

Ares Management Corp. CEO Michael Arougheti expressed optimism about the private credit market and AI … High (90%)
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Economy Bloomberg
86d ago
Platinum Deficits to Persist as EV Rollout Slows, Valterra Says

A slower-than-expected rollout of electric vehicles will help keep platinum-group metals in supply shortfalls over the coming years, according to …

Valterra Platinum CEO expects platinum deficits to persist due to slower-than-expected EV rollout, leading to … High (80%)
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Economy Bloomberg
86d ago
Selectively Positive on European Banks: Reingen

Anke Reingen, co-head of global financials research and European banks at RBC Capital Markets, is selectively positive on European banks …

RBC Capital Markets' Anke Reingen is optimistic about European banks, citing loan growth, investment-banking pipeline, … High (90%)
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Economy Bloomberg
86d ago
Venezuela Ships First Crude Cargo to Israel as Oil Exports Reopen After Maduro’s Ouster

Venezuela is sending its first crude oil cargo to Israel in years as the Latin American country’s exports open up …

Venezuela has resumed oil exports to Israel, marking a significant development in the country's energy … High (80%)
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Economy Bloomberg
86d ago
Vet Firm IVC Evidensia Scraps $5.5 Billion Leveraged-Loan Deal

Europe’s largest veterinary services provider, IVC Evidensia Ltd., has shelved a plan to extend about $5.5 billion of debt, adding …

IVC Evidensia Ltd. has scrapped its $5.5 billion leveraged-loan deal, contributing to a trend of … High (80%)
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Economy Bloomberg
86d ago
Aston Martin F1 Owner Sets Expectations for New Season

Aston Martin Aramco Formula One team owner Lawrence Stroll has tempered expectations for the upcoming season, indicating that winning races …

Aston Martin's F1 owner, Lawrence Stroll, has set realistic expectations for the upcoming season, acknowledging … High (80%)
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Economy Bloomberg
86d ago
Creditors Ready Talks on $60 Billion Venezuela Debt After Maduro Arrest

A group of international investors holding Venezuelan bonds chose Houlihan Lokey as its financial adviser, according to people familiar with …

Creditors of Venezuela are preparing for debt restructuring talks, with a financial adviser appointed to … High (80%)
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Economy Bloomberg
86d ago
Duke to Power Microsoft Data Center in North Carolina

Duke Energy has signed deals with Microsoft and Compass to power expansive data center complexes under construction in North Carolina …

Duke Energy has secured deals with Microsoft and Compass to power data center complexes in … High (90%)
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