700CLUBNEWS.COM: Latest News of The Day 10:17, 2019-06-12

Norway fund may have to offload $1 billion stake in Glencore in shift away from coal

Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical in...

Norway fund may have to offload $1 billion stake in Glencore in shift away from coal

Source: reuters.com

Norway fund may have to offload $1 bln stake in Glencore in shift away from coal Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical investing rules....
10:17, 2019-06-12

Norway Fund Boosts Renewable Energy, Divests Fossil Fuels Norway’s parliament steered its $1 trillion sovereign-wealth fund to pull an estimated more than $13 billion from oil, gas and coal extracting companies and move up to $20 billion into renewable-energy projects and companies....
20:00, 2019-06-12

UPDATE 1-Norway's sovereign fund will no longer own stakes in cannabis firms Norway's sovereign wealth fund will no longer own stakes in companies with direct exposure to the cannabis industry, a spokesman for the fund's manager, Norges Bank Investment Management (NBIM), said on Friday....
21:01, 2019-05-24

Hedge fund-owned MNG reduces stake in Gannett to 4.2% Alden Global Capital's MNG Enterprises Inc., which launched a bid to acquire Gannett Co. in January, has reduced its stake in the company from 7.5%        ...
03:17, 2019-05-23

Brazil plan to revamp Amazon Fund irks Norway, Germany: sources Brazil's right-wing government has run into resistance from key donors Norway and Germany over its plans to change management of the billion-dollar Amazon Fund aimed at reducing deforestation, people familiar with the matter say....
03:34, 2019-06-01

Abu Dhabi sovereign fund buys 25% stake in 330 Madison Avenue Abu Dhabi Investment Authority (ADIA) has bought a 25% stake in 330 Madison Avenue in New York from Vornado Realty Trust a spokesman of sovereign wealth fund ADIA said on Wednesday....
10:17, 2019-06-12

Soros Fund Management increases stake in Tesla convertible bonds: filings Billionaire George Soros' investment firm, Soros Fund Management Llc, raised its stake in Tesla Inc's convertible bonds due in 2021 by 17.5 million convertible bonds to 37.5 million convertible......
15:01, 2019-05-21

U.S. senators target $1 billion a year coal subsidy, ask IRS for test results Three U.S. senators on Monday urged the Internal Revenue Service to crack down on a $1 billion-a-year subsidy for burning chemically treated refined coal, after a new study showed some power plants using the fuel produced surging amounts of mercury and smog instead of cutting pollution....
00:51, 2019-06-11

Electric vehicle push in Norway could add $1.3 billion to power bills by 2040: study Norway's power grid is likely to need an 11 billion crown ($1.27 billion) upgrade over the next 20 years to meet demand from the country's growing fleet of electric cars, with consumers likely to have to foot the bill, a study has shown....
18:51, 2019-06-07

Naspers Listing Looks to Unlock Value in $122 Billion Tencent Stake Africa’s most valuable company said it will move forward with plans to list its massive internet assets in Amsterdam, a bid to reduce the discount its shares trade at relative to the value of its $122 billion stake in Tencent....
16:00, 2019-05-29

WeWork considers $1.9 billion offer for 70% Indian affiliate stake: Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter....
08:51, 2019-06-14

WeWork considers $1.9 billion offer for 70% stake in Indian affiliate: Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter....
14:51, 2019-06-14

PG&E in talks with lawmakers on $11 billion fund: Bloomberg Troubled power utility company PG&E Corp has spoken to lawmakers for arranging about $11 billion fund to settle claims related to wildfires, Bloomberg reported on Wednesday....
23:51, 2019-06-05

SoftBank's Vision Fund to borrow $4 billion against stakes in Uber and two others: FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal....
06:51, 2019-05-30

SoftBank Faces Challenges Raising Latest $100 Billion Fund SoftBank’s bid to raise a second mega fund has met with a chilly reception from some of the world’s biggest money managers, signaling that a crucial initiative for the firm faces significant hurdles....
22:34, 2019-06-02

Democrat Warren wants $7 billion fund to give grants to minority entrepreneurs Democratic presidential hopeful Elizabeth Warren is proposing creating a $7 billion fund to provide grants to help more minorities start their own business, she announced on Friday....
19:17, 2019-06-14

Glencore head of oil Beard retires amid U.S. probes Glencore's long-serving head of oil, Alex Beard, who helped make the firm one of the world's top three oil trading houses, will retire this month, the company said on Monday as it faces mounting U.S. probes into its activities....
11:00, 2019-06-03

Glencore's head of oil, Alex Beard, retires amid U.S. probes Glencore's head of oil, Alex Beard, who helped make the firm one of the world's top three oil trading houses, will retire this month, the company said on Monday in yet another management shake-up amid U.S. probes into its activities....
14:51, 2019-06-03

Peltz's Trian Fund may push for changes at mutual fund Legg Mason Nelson Peltzs' Trian Fund Management LP may push Legg Mason Inc. to implement changes to boost returns, a person familiar with the matter said on Tuesday, the second time in 10 years that Trian has......
15:01, 2019-05-21

Chewy stock IPO raises more than $1 billion. Values company at $8.8 billion Chewy.com, the online pet product retailer owned by PetSmart, priced its IPO at $22 per share Thursday, above the expected range.       ...
17:00, 2019-06-14

Will we see a major smartphone manufacturing shift away from China? We’re back at it again! This time, however, it’s not about the Huawei ban and its consequences. We’ve covered what it means for Huawei and the various aspects of its business and how, on the other hand, it will give a significant boost to Huawei’s direct competitors. But the ban is just a small piec...
02:34, 2019-05-31

AT&T Eyes $16- to $17-a-Month Streaming Service in Strategy Shift AT&T’s WarnerMedia has abandoned its plan for a three-tiered streaming service and instead will likely package HBO, sister channel Cinemax and the vast library of Warner Bros. TV shows and movies into one offering at a price of between $16 and $17 a month....
22:17, 2019-06-06

Defense Consolidation Continues as Spending Priorities Shift The biggest aerospace-and-defense merger ever, between United Technologies and Raytheon, caps two years of deal making in an industry that is reorganizing in anticipation of slower growth in Pentagon spending and new priorities....
12:17, 2019-06-11

Fed Official Urges Firms to Speed Shift From Libor Randal Quarles, the Federal Reserve vice chairman in charge of financial regulation, urged companies and financial institutions Monday to speed up their preparations for a looming interest-rate shift....
00:51, 2019-06-04

AT&T Eyes $16- to 17-a-Month Streaming Service in Strategy Shift AT&T’s WarnerMedia has abandoned its plan for a three-tiered streaming service and instead will likely package HBO, sister channel Cinemax and the vast library of Warner Bros. TV shows and movies into one offering at a price of between $16 and $17 a month....
21:01, 2019-06-06

Todd Frazier saved the Mets by cheating the shift Todd Frazier represented the tying run. One swing could eliminate the three-run deficit the Mets were facing in the fourth inning. Rather than go big, however, Frazier thought small. Instead of swinging for the fences, he took what the defense was giving him. Frazier drove in the Mets’ first run wit...
09:34, 2019-05-27

In Shift, U.S. Vows to More Aggressively Deport Migrant Families Mark Morgan, the acting director of Immigration and Customs Enforcement, said the stepped-up deportations were necessary to deter migrants at the southwestern border....
23:34, 2019-06-04

Fortunes ‘shift’ in worst way possible for Mets’ ace Jacob deGrom Jacob deGrom charged into the dugout after getting the final out of the third inning Thursday one upset Cy Young winner. The Mets were in a shift, with St. Louis’ speedy Harrison Bader on third base and two outs in the inning. Because Bader was bluffing toward home plate, third baseman Todd Frazier ...
13:51, 2019-06-14

Raptors breakthrough as NBA champions represents shift in Canada's identity The Toronto Raptors completed a remarkable evolution from a laughingstock to NBA champions on Thursday with a victory that could very well shift the identity of a country long associated with ice hockey....
09:51, 2019-06-14

‘We’re getting back on track’: Dems ready Mueller strategy shift Democrats admit it: They need to shift their post-Mueller strategy.They’ve been so busy fighting technical battles over access to special counsel Robert Mueller’s report that they’ve barely had time to speak directly to Americans about its damning public findings of President Donald Trump’s conduct....
01:51, 2019-05-24

GM's Maven, citing strategy shift, pulls out of Chicago, New York Maven, the mobility brand operated by GM, said its car-sharing service will remain in operation in Detroit and Los Angeles while it discontinues operations in other major U.S. cities....
19:17, 2019-05-21

European elections: Far-right and Greens surge across continent in shift away from traditional centre Populist, environmentalist and far-right parties edged out traditional centre-right and centre-left parties across the continent in the European Parliament elections....
20:17, 2019-05-27

Guggenheim names Anheuser-Busch a 'best idea' on its shift away from traditional brands Shifting focus to Michelob Ultra from Bud Light and a strong innovation pipeline in craft brands have increased Guggenheim's conviction in the beer-maker's growth trajectory....
22:34, 2019-05-22

"Shameful": Roland Garros Sexism Row Over "Unfair" Women's Semis Shift After torrential rain washed out all of Wednesday's play, the last two women's quarter-finals were played on Thursday with the semi-finals pushed back a day until Friday....
10:17, 2019-06-07

In Shift, Trump Will Pick Kenneth Cuccinelli to Oversee Legal Immigration Mr. Cuccinelli, who was expected to coordinate immigration policy, will instead be chosen to take over for the embattled head of United States Citizenship and Immigration Services....
05:51, 2019-05-25

CNN panel: Mainstream media is 'helping' shift Democratic Party to the left A CNN panel seemingly reached a consensus that the mainstream media is "helping" shift the Democratic Party toward the left following former Vice President Joe Biden's abandoning his support for the Hyde Amendment. ...
02:51, 2019-06-11

Hungary's Fidesz seen winning 56% of votes; Orban sees shift in Europe Hungary's ruling right-wing Fidesz party could win 56 percent of votes in the European parliamentary election, state television reported on Sunday, citing a survey by pro-government pollster Nezopont....
20:34, 2019-05-26

South Korea confirms plans to step up shift to renewable power South Korea's energy ministry on Tuesday said it had finalised plans to raise the share of the country's power output generated from renewable sources to as much as 35 percent by 2040....
06:51, 2019-06-04

Arkansas residents assess damage after historic flooding, shift focus to rebuilding After historic flooding in Arkansas left communities underwater, many people and families who evacuated are finally able to make their way back by boat to assess the damage....
05:51, 2019-06-10

Ford recalls 270,000 Fusion cars to fix glitch that can cause vehicles to shift gears and roll away Ford Motor issued a recall of more than 270,000 Fusion vehicles in North America because of a transmission issue that can allow the cars to shift into a different gear than the one the driver selected....
15:51, 2019-05-21

Daniel James joining Man Utd marks dramatic shift in transfer strategy under Ole Gunnar Solskjaer The imminent signing of Daniel James marks a shift in Manchester United's transfer strategy - and has Ole Gunnar Solskjaer's fingerprints all over it....
21:34, 2019-06-06

Los Angeles Dodgers' Rich Hill launches into profane tirade after bunt single during shift Los Angeles Dodgers pitcher Rich Hill went into an expletive-laced tirade Wednesday night after the team allowed a bunt single down the third base side because of the shift....
22:51, 2019-05-23

Venezuela talks in Norway end without deal Government and opposition envoys meeting in Norway have failed to reach an agreement in their latest rounds of talks. Opposition leader Juan Guaido has vowed to press ahead with street protests....
10:51, 2019-05-30

Norway opens World Cup with 3-0 win over Nigeria REIMS, France (AP) — Guro Reiten and Lisa Marie Utland scored to help Norway open the Women’s World Cup with a 3-0 victory over Nigeria on Saturday night. The 1995 winners played without Ada Hegerberg, the 2018 FIFA Ballon d’Or winner who stepped down from the national team because of wh...
02:34, 2019-06-09

The World’s Most Controversial Coal Mine Doesn’t Add Up Adani’s Carmichael project became a hot-button issue in Australia’s recent election. It could finally be getting the go-ahead, but the math is all wrong....
08:17, 2019-05-24

Michael Bloomberg Promises $500 Million to Help End Coal The pledge by the former New York City mayor is part of an effort to close every coal-fired power plant in the United States and halt the growth of natural gas....
05:17, 2019-06-07

Norway says Venezuelan talks making progress Norway's government on Wednesday praised progress made in talks between representatives of Venezuelan President Nicolás Maduro and the political opponents trying to oust him, even as tensions mounted back home....
07:17, 2019-05-30

Norway says Venezuela mediation to resume next week Norway says representatives of the Venezuelan government and opposition have decided to return to Oslo for a mediation effort aimed at resolving the political crisis in the South American country....
22:17, 2019-05-25

Edoardo Affini claims first pro win at Tour of Norway "With peloton rapidly closing, Mitchelton-Scott neo-pro out-sprints remaining break-mates to record Stage 4 victory and give the Australian WorldTour team its second win of the day …"...
03:00, 2019-06-01

France defeat Norway to continue 100% start France all but secure a place in the knockout stage of the Women's World Cup after striker Valerie Gauvin marks her return with a goal against Norway....
11:17, 2019-06-13

Norway mediation effort in Venezuela slows Venezuelan leader Juan Guaidó said Friday that the opposition’s demand for presidential elections is not negotiable, slowing mediation efforts by Norway aimed at resolving Venezuela’s political crisis...
22:00, 2019-06-07

Venezuela's Guaido says no plans for further talks in Norway Venezuelan opposition leader Juan Guaido said on Friday that the opposition does not currently plan to join a new round of talks in Norway with representatives of President Nicolas Maduro, after mediation efforts collapsed last month without a deal....
02:51, 2019-06-08

Women's World Cup: Norway and Nigeria are worlds apart Norway beat Nigeria 3-0 at the Women's World Cup on Saturday. The two teams are worlds apart on the field and are also are fighting very different battles in their quest for equality, writes DW's Barbara Mohr in Reims....
21:01, 2019-06-09

Norway says it will host Venezuela mediation again next week The diplomatic effort reflects recognition in Venezuela that neither the government or opposition have been able to prevail in their struggle for power....
00:34, 2019-05-26

Bloomberg donates $500M in bid to close all coal plants in US Former Mayor Michael Bloomberg is donating half a billion dollars to a new environmental campaign to close all of the coal plants in the US by 2030, he announced Thursday. Bloomberg, who is estimated to be worth $54 billion, is making the donation to the campaign called “Beyond Carbon” in an effort ...
08:51, 2019-06-07

Adani wins one of last two permits it needs for Australia coal mine The Australian state of Queensland on Friday approved Adani Enterprise's management plan for an endangered bird at the site for a controversial coal mine, leaving only one more permit before construction can start on the project....
06:34, 2019-05-31

Big Brutus attraction adds another coal mining shovel WEST MINERAL, Kan. (AP) — A historic coal mining shovel that was hidden under bramble for more than 70 years has gone on display in southeast Kansas alongside its more well-known successor, an 11-million pound (5 million kilogram) orange giant known as Big Brutus. The Joplin Globe reports that a cer...
21:51, 2019-06-12

BHP warns investors coal could be phased out 'sooner than expected' Mining giant loses its appetite for thermal coal and will turn instead to oil, copper and nickelBHP is looking to add more oil, copper and nickel resources to its portfolio, while souring on thermal coal because it thinks the fossil fuel will be phased out, “potentially sooner than expected”.BHP’s c...
11:00, 2019-05-22

Britain will fail without coal – archive, 5 June 1956 5 June 1956: Investment in coal mining should be carried out on a massive scale argues the Organisation for European Economic Co-operation The OEEC has delighted Mr Aubrey Jones, the Minister of Fuel and Power, with its report on the future of fuel supplies in Europe (summarised on page 4). The mai...
08:00, 2019-06-05

US says Trump coal moves hasten but don't increase emissions Federal officials say the Trump administration's decision to lift a moratorium on coal sales from public lands could hasten the release of more than 5 billion tons of greenhouse gasses....
00:17, 2019-05-23

Utility will remove coal ash from pits near Tennessee river NASHVILLE, Tenn. (AP) — The nation’s largest public utility has agreed to dig up and remove about 12 million cubic yards (9.2 million cubic meters) of coal ash from unlined pits at a Tennessee coal-burning power plant. Prompted by two environmental groups, the state sued the Tennessee Valley A...
20:17, 2019-06-13

Coal-state Dem slams Bloomberg over climate initiative Centrist Democratic Sen. Joe Manchin, D-W.Va., on Monday blasted former New York Mayor Michael Bloomberg’s plan to shut down all coal plants in the U.S. in 11 years -- saying it would “devastate” communities in his state. ...
18:17, 2019-06-11

Fourth-largest coal producer in the US files for bankruptcy Enlarge / WRIGHT, WY - OCTOBER 19: Train cars full of 100 tons of coal leave a mine near Wright, Wyoming on October 19, 2006. Empty cars head to the facility. (credit: Photo by Andy Nelson/The Christian Science Monitor via Getty Images) Cloud Peak Energy, the US' fourth-largest coal mining compan...
14:38, 2019-05-21

Time, money, access: A baseball hotbed for a century, Tampa evolves as game’s economic winds shift Tampa has been talent-rich in baseball for nearly a century, but the city's latest stars also symbolize a greater demographic shift in the sport.        ...
00:00, 2019-06-06

| Norway's Haland hits U20 WC record 9-goal haul Norway's Erling Haland smashed the Under-20 World Cup record for goals scored in a single match when he hit a whopping nine in a 12-0 thrashing of Honduras....
23:34, 2019-05-30

Eugénie Le Sommer’s VAR penalty gives France narrow win over Norway Eugénie Le Sommer held her nerve to score a VAR-awarded penalty winner for France after Wendie Renard had potentially gifted Norway a vital point in the race to top Group A but the France manager, Corrine Diacre, said her side had work to do.“We’re still outsiders,” she said. “We found some difficul...
05:51, 2019-06-13

WWC roundup: France overcomes own goal to beat Norway Eugenie Le Sommer converted the game-winning penalty kick in the 72nd minute, and the tournament hosts overcame an appalling own goal to beat Norway 2-1 on Wednesday in Nice, France and move to 2-0 atop Group A at the Women's World Cup....
00:51, 2019-06-13

Norway Might Have Won The Whole Thing, If Only They Hadn't Alienated The Best Player In The World The situation with Norway’s women’s soccer team is like something out of the Iliad. In this analogy, the World Cup is the Trojan War, the Norwegian team is the heavily armed but nonetheless overmatched Greek army, and Ada Hegerberg is Achilles, the Grecian hero of otherworldly abilities who very wel...
01:51, 2019-06-06

Venezuela: Representatives of Maduro and Guaido to meet in Norway Norway's Foreign Ministry said in a statement that the government and opposition delegates will hold talks in Oslo next week to carry forward the negotiation process. It will be their first face-to-face meeting....
13:51, 2019-05-26

Norway v Nigeria: Women's World Cup 2019 – live! World Cup updates from Reims, kick-off 8pm (BST)Afghanistan football president banned for life for sexual abuseFeel free to email Ben or tweet @benfisherj your thoughts 8.26pm BST 23 min: Nigeria’s Michael pokes the ball to safety after Chikwelu’s careless pass gifts Norway possession inside her own...
21:34, 2019-06-08

France beats Norway 2-1 to remain undefeated in World Cup Eugenie Le Sommer scored the winning goal from the penalty spot to lift host nation France to a 2-1 win over Norway at the Women's World Cup on Wednesday....
12:34, 2019-06-13

Surge of algae kills millions of salmon in Norway A surge of algae has killed an estimated 8 million salmon at Norwegian fish farms over the past week, wiping out more than half of this year's expected sales growth, the state-owned Norwegian Seafood Council said on Wednesday....
20:17, 2019-05-22

The Latest: Norway mediation effort in Venezuela stalls CARACAS, Venezuela (AP) — The Latest on the political crisis in Venezuela (all times local): 10:28 a.m. A member of Venezuela’s opposition said that a mediation effort by Norway is stalling over Nicolás Maduro’s refusal to accept presidential elections to resolve the nation’s polit...
19:34, 2019-06-07

Soccer: Hegerberg-less Norway canter past Nigeria Ada Hegerberg was not needed as Norway kicked off their women's World Cup Group A campaign with a comprehensive 3-0 victory over Nigeria on Saturday....
01:00, 2019-06-09

Women's World Cup 2019 team guide No 3: Norway Norway are missing Ada Hegerberg but the squad has enough quality to reach the semis if the defence performsThis article is part of the Guardian’s 2019 Women’s World Cup Experts’ Network, a cooperation between some of the best media organisations from the 24 countries who have qualified for France. ...
12:51, 2019-05-28

Even Under a Coal-Loving Leader, Australia Is Leading the Charge for Renewables In Australia, record-breaking rooftop solar installations are helping the country increase its renewable energy generation. By 2030, renewables could make up more than half the electricity generated in the land down under, according to an analysis out Wednesday from a team of researchers.Read more.....
03:01, 2019-05-30

South African government sued over coal and industrial air pollution South Africa's government has failed to tackle high air pollution levels in an area which is home to coal-fired power stations and refineries, a lawsuit filed by environmental and community groups says....
06:51, 2019-06-11

U.S. senators target $1 bln a year coal subsidy, ask IRS for test results Three U.S. senators on Monday urged the Internal Revenue Service to crack down on a $1 billion-a-year subsidy for burning chemically treated refined coal, after a new study showed some power plants using the fuel produced surging amounts of mercury and smog instead of cutting pollution....
18:34, 2019-06-10

The power switch: tracking Britain's record coal-free run Britain has set a new record for going without coal-powered energy, but how long will it last and when will we ditch the dirty fuel entirely?Britain is setting new records for going without coal-powered energy. In the latest milestone, it has gone for more than eight days without using coal to gener...
23:34, 2019-05-25

Australian state leader intervenes to approve coal mine CANBERRA, Australia (AP) — An Australian state government leader has intervened to fast-track a proposed coal mine days after voters rejected tougher action to curb greenhouse gas emissions in a federal election. The Carmichael mine proposed by India’s Adani Mining in Queensland state was a bi...
09:17, 2019-05-22

America's renewable energy capacity overtakes coal for the first time America's renewable energy capacity has overtaken coal for the first time ever. According to a report by the Federal Energy Regulatory Commission (FERC), the addition of new solar, wind and hydro capacity in the first four months of the year pushed r......
16:34, 2019-06-13

French bank SocGen further reduces business with coal industry French bank Societe Generale said it was further reducing its servicing the coal industry, as financial companies and banks around the world gradually withdraw from fossil fuel industries to protect the environment....
07:01, 2019-05-24

After coal, forest-rich Finland will need to import biomass to keep warm Finland faces having to import biomass because, despite being Europe's most densely forested country, it will be unable to meet an expected 70% rise in demand for the fuel after it phases out coal....
14:17, 2019-05-28

Hopes for climate progress falter with coal still king across Asia A depressing picture of global power generation has coal still firmly on top. And in a vicious cycle, the very heatwaves and winter freezes high carbon emissions cause seem to be increasing themThe world’s largest sovereign wealth fund is preparing to leave fossil fuels behind. Last week, Norway’s p...
18:51, 2019-06-15

Coal-fired power burning out as Fiddler's Ferry to shut 'Big six' energy firm SSE has announced the closure of its last coal-fired power station, days after a government pledge to cut the UK's net carbon emissions to zero by 2050....
22:17, 2019-06-13

Michael Bloomberg pledges $500M to shutter U.S. coal plants Former Mayor of New York City Michael Bloomberg Pledged Thursday to donate $500 million to a new campaign that aims to shutter U.S. coal plants by 2030 to curb climate change, his philanthropist foundation said. ...
06:34, 2019-06-07

Alberta wildfires: Trout Lake on evacuation alert; High Level winds shift; Fort McMurray poor air quality A remote northern Alberta community was put on evacuation alert due to a new wildfire, as crews further northwest continue to battle the High Level fire....
21:00, 2019-05-27

Norway petroleum production would fall by 440,000 boed in case of strike Norway's oil and gas output will be cut by about 440,000 barrels of oil equivalents per day if workers go on strike from June 4, industry association Norwegian Oil and Gas (NOG) said on Monday....
11:00, 2019-06-03

Norway thinks it captured a Beluga whale that was spying for Russia Russia may be resorting to more unconventional methods of espionage these days, dragooning Mother Nature into helping the country extend its spying capabilities. That’s what Norway officials think, at any rate, after the capture of a Beluga whale that was wearing a strange Russian harness &mda...
15:17, 2019-05-21

Norway's KLP bans alcohol, gambling investments from pension funds KLP, Norway's largest pension fund, will no longer invest in gambling companies and alcohol makers, and recently sold stocks and bonds in such firms worth some $320 million, it said on Tuesday....
08:00, 2019-05-28

| Norway draft in towering press officer to prepare for Renard Norway have drafted in their towering male press officer to help prepare for the looming figure of French star Wendie Renard in their World Cup Group A showdown....
17:00, 2019-06-11

Norway says Venezuela government, opposition to hold new round of talks Norway said on Saturday that representatives of Venezuela's government and opposition will return to Oslo next week following an initial round of preliminary talks about how to address the country's political crisis....
07:17, 2019-05-26

Tour of Norway: Wins keep coming for Deceuninck - Quick-Step "Despite fierce conception on a technical finish in Mandal, Belgian WorldTour team Deceuninck - Quick-Step continues to make it look easy this season collecting win No.31 as Colombian sprinter Álvaro Hodeg claimed Stage 2 at the Tour of Norway (UCI 2.HC) on Wednesday."...
01:51, 2019-05-30

Venezuela government, opposition will return to Norway for talks, Oslo says Representatives of Venezuela's government and the opposition will return to Norway for a second round of talks to help resolve their months-long conflict, the Norwegian Foreign Ministry said on Saturday....
07:17, 2019-05-26

Norway's DNB and KLP agree to sell stakes in Oslo Bors to Euronext Norway's DNB and KLP said on Thursday they had agreed to sell their stakes in Norwegian stock exchange Oslo Bors to pan-European exchange operator Euronext....
13:17, 2019-06-06

Great Britain records two weeks of coal-free electricity generation England, Scotland and Wales went for two weeks without coal at 3.12pm on FridayThe power switch: tracking Britain’s record coal-free run Great Britain has hit a new power milestone – lasting for a fortnight without using any coal power to generate electricity for the first time since the industrial ...
19:17, 2019-05-31

China expects to hit 2020 coal cap targets; demand overshadows: study China expects to achieve its national coal consumption cap targets in 2020, but the country's aggressive goals could be tempered due to solid demand from power, steel and petrochemical industries, a government-backed study showed on Wednesday....
16:51, 2019-05-29

Michael Bloomberg gives $500M to campaign to kill coal and wound natural gas Former New York City mayor and climate change crusader Michael Bloomberg announced Friday he is giving $500 million to a campaign to finish killing coal and start killing oil and gas....
20:00, 2019-06-07

Montana tribe rips Trump administration over federal coal leasing A Montana tribe this week blasted the Trump administration for seeking to overturn an Obama-era moratorium on federal coal leasing without consulting it, saying the move violated its treaty rights and would have major impacts on its land....
09:17, 2019-05-30

Ex-BP boss John Browne: ‘It’s going to take a long time to take oil and coal out of the energy system’ The energy executive talks about squaring his business dealings with his personal convictions – and what he would say to Greta ThunbergBefore standing down in 2007, John Browne was CEO of BP for 12 years. In 2015, he returned to the global oil business as executive chairman of L1 Energy. Since leavi...
22:00, 2019-06-08

Ohio lawmakers pass bill to cut renewable requirement, help nuclear and coal Enlarge / Water vapor is emitted from the cooling towers of the FirstEnergy Corp. Perry Nuclear Generating Station in Perry, Ohio, U.S., on Thursday, Feb. 11, 2010. (credit: David Maxwell/Bloomberg via Getty Images) This week, lawmakers in Ohio's House of Representatives voted 53-43 in favor of ...
20:51, 2019-05-31

Poland's Tauron confirms coal mine sale in green push State-run Polish utility Tauron confirmed on Monday it was considering selling one of its three coal mines as part of a plan to shift to greener energy and reduce carbon emissions....
22:00, 2019-05-27

India's Adani expects to ship first coal from Australian mine in two years India's Adani Enterprises expects to ship first coal from its Australian mine in two years, Adani Mining Chief Executive Lucas Dow said on Thursday, after the company won the green light to start construction on the long delayed project....
08:34, 2019-06-13

Maduro, Guaido envoys meet in Norway to work out Venezuela conflict The Venezuelan opposition has said President Nicolas Maduro used past negotiations to play for time and was not sincere about making concessions.        ...
15:34, 2019-05-21

CORRECTED (OFFICIAL)-Norway to shut at least 2 oilfields in case of strike -industry Oil and gas production at Norway's Draugen and Gjoea fields will have to close down from June 4 if oil workers go on strike, a spokesman for industry group Norwegian Oil and Gas (NOG) said on Wednesday....
16:34, 2019-05-29

Soccer: Hegerberg 'mentally broken' by Norway national team experience Women's Ballon d'Or winner Ada Hegerberg says she quit the Norwegian national team after being left "mentally broken" and suffering nightmares, but her comments brought a stinging rebuke from Real Madrid midfielder Martin Odegaard....
01:17, 2019-06-06

South Sudan's embassy closures could harm ties with Norway and France South Sudan plans to shut down several of its embassies to cut spending. The inclusion of missions in Norway and France may come at a high price for the new nation with a faltering peace process and stagnant economy....
19:00, 2019-06-14

Hydrogen Station Explosion Halts Fuel Cell Sales in Norway A hydrogen refueling station in Sandvika, Norway exploded Monday, sending two people to the hospital with minor injuries, closing down two highways and causing both Toyota and Hyundai to halt sales of fuel cell vehicles in the country....
18:00, 2019-06-13

Tour of Norway: Boasson Hagen hopes stage win a catalyst for success "A promising start the season has given way to disappointment for Norwegian Edvald Boasson Hagen and Team Dimension Data, but the three-time Tour of Norway winner is happy, healthy and back in yellow following Stage 3 win in Kristiansand …"...
21:34, 2019-05-30

Chess: Armageddon divides fans while Magnus Carlsen leads again in Norway Controversial speed format designed to prevent draws sparks a chaotic scramble at Altibox event and causes online uproarArmageddon is a chess penalty shoot-out, a controversial format intended to prevent draws and to stimulate interesting play. It can also lead to chaotic scrambles where pieces fall...
20:17, 2019-06-07

Chess: Carlsen takes Armageddon route to Altibox Norway victory The world No 1 took his seventh tournament win a row, emerging on top at Stavanger with one round to spareMagnus Carlsen scored his seventh tournament victory in a row at Stavanger this week, ensuring first prize at Altibox Norway with Friday’s final round to spare. The 28-year-old’s status grows, t...
16:51, 2019-06-14

Stavanger: Reigning Hammer Series champions feeling the pressure in Norway "Last year’s Tour des Fjords winner Michael Albasini admits Mitchelton-Scott has a target on its back as the start of the 2019 Hammer Series gets underway in Stavanger …"...
15:51, 2019-05-25

Japanese bank Mizuho to tighten financing norm for coal-fired plants Japan's Mizuho Financial Group Inc said on Wednesday it will tighten its financing policy for coal-fired power projects from July 1 to help tackle global climate change issues....
15:00, 2019-05-23

Trump loves coal, hates climate action but investors are fighting back President Donald Trump may believe climate science is junk science, but forward-thinking impact investors love portfolios of companies and funds pursuing climate solutions, which can have stronger returns....
01:00, 2019-05-22

Coal miners' union urges silica regulation to curb black lung The head of the national coal miners' union on Thursday urged the Trump administration to impose regulation on silica dust in mines, which researchers believe is responsible for a resurgence of black lung disease in central Appalachia....
23:00, 2019-06-06

Michael Bloomberg will spend $500 million to close coal-fired power plants Michael Bloomberg is pledging $500 million to close every coal-fired power plant in the US and to halt the growth of natural gas. According to The New York Times, the money will go towards a new Beyond Coal initiative. It will be spent over the next......
01:51, 2019-06-08

In Vietnam's booming energy sector coal reigns, but renewables play catch-up Vietnam has become a hot spot for energy investors eying a spend of up to $150 billion over the coming decade to meet surging power demand, with coal set to dominate despite signs of a government effort to go green....
10:17, 2019-05-24

UPDATE 2-Norway's Equinor evacuates North Sea platform after collision with supply vessel Norwegian oil and gas firm Equinor has evacuated oil workers from its Statfjord A platform in the North Sea after it was struck by a supply vessel, the company said on Friday....
11:17, 2019-06-07

UPDATE 1-Norway's Equinor evacuates North Sea platform after collision with supply vessel Norwegian oil and gas firm Equinor has evacuated oil workers from its Statfjord A platform in the North Sea after it was struck by a supply vessel, the company said on Friday. The platform was not producing when the collision occurred at 1:55 a.m. on Friday (2355 GMT on Thursday), and there were no ...
08:17, 2019-06-07

Saudi Arabia, UAE, Norway to Security Council: 'State actor' attacked oil tankers Saudi Arabia and the United Arab Emirates have told the United Nations Security Council that investigators have determined that a "state actor" was behind attacks on four oil tankers in the Gulf of Oman last month....
06:51, 2019-06-08

Guro Reiten steals show as Norway beat Nigeria at Women’s World Cup The last time Norway beat Nigeria in a Women’s World Cup match, they went on to win the tournament. The Norwegians’ rout of the African champions on Saturday evening may not have quite matched that 1995 result – 8-0, the fourth-worst defeat in World Cup history – but after more than a decade in the ...
00:17, 2019-06-09

Daily on Energy: Utilities warned EPA about hamstringing natural gas and renewables with a coal-only climate rule Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue!...
01:00, 2019-05-29

Galilee Basin mine next to Adani put on hold amid doubts over future of thermal coal MacMines Austasia abandon plans, raising questions about basin’s viability as a source of Queensland employmentThe backer of a massive coal proposal in the Galilee Basin, adjacent to Adani’s Carmichael mine site, has quietly abandoned its plans amid growing doubts about the long-term profitability o...
08:34, 2019-05-23

India's Adani wins green light for long delayed Australian coal mine India's Adani Enterprises on Thursday received the go-ahead to start construction of a controversial coal mine in outback Australia, after a state government approved a final permit on ground water management....
07:00, 2019-06-13

West Virginia coal industry data shows excessive pollution: green groups Several West Virginia coal mines, including some owned by the governor's family, have released many times the allowable amounts of pollutants into nearby waterways in recent years without being penalized by regulators, according to environmental groups citing state data....
19:00, 2019-06-04

Adani Wins Final Approval To Begin Work On Australia Coal Mine Project The mining company is now expected to start construction at the site within days. The State Department of Environment and Science said in a statement that it has approved the most recent version of......
10:17, 2019-06-13

Insurer AXA further reduces stake in AXA Equitable down to 40.1% French insurer AXA said on Friday that it had sold an 8% stake in AXA Equitable Holdings through a secondary offering, as part of its plan to gradually divest from its U.S. life insurance business....
11:17, 2019-06-07

What’s at Stake in U.S.-Japan Trade Talks More than two years after U.S. President Donald Trump walked away from a regional Asia-Pacific trade agreement, the U.S. and Japan -- the world’s largest and third-largest economies -- are negotiating a deal of their own. Both sides insist they want a “win-win” outcome, but as evidenced by the Trump...
03:51, 2019-05-25

BeIN Shopping Stake in Miramax Miramax-owner BeIN Media Group is said to be shopping a stake in the studio, which produced popular and critically acclaimed films such as “Pulp Fiction” and “Shakespeare in Love,” to potential buyers....
02:00, 2019-06-07

KKR Swoops for Axel Springer Stake Axel Springer reached an agreement with KKR for the private-equity firm to buy out its minority shareholders in a deal valuing the German media company at $7.7 billion....
12:51, 2019-06-12

Jobs are at stake — pass the USMCA At the end of 2018, the Trump administration finalized the renegotiated North American Free Trade Agreement, resulting in a new trade deal now called the United States-Mexico-Canada Agreement. This milestone is good news and a big win for the United States and its North American allies....
16:17, 2019-05-30

Tianqi says happy 'for now' with stake in SQM -president Tianqi Lithium Corp is happy for now with its stake in Chilean lithium producer SQM and is working to deepen business ties, the Chinese company's president said on Monday....
18:34, 2019-06-10

Closing the West's Largest Coal Plant Will Leave the Navajo Nation With $40 Million in Missing Revenue The Navajo Generating Station in Arizona is closing, and that’s terrible news for the Native American communities that rely on the coal plant for their income. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) is calling on the federal government to step in for this...
06:34, 2019-06-01

Save coal, lose youth vote? Far-right German party faces climate policy revolt A youth wing of Germany's far-right Alternative for Germany (AfD) has called on the party to rethink its climate scepticism, which includes defending the coal industry, after a poor showing among young voters in last week's European Parliament election....
16:51, 2019-05-29

Krug's old-school helmetless shift may be among NHL's last Torey Krug's old-school helmetless shift and hit in Game 1 of Stanley Cup Final could be among last of its kind with NHL rule change looming        ...
12:34, 2019-05-28

Italy open to taking stake in FCA-Renault tie-up Renault's board is meeting today to review Fiat's proposal after failing to come to a decision Tuesday. Its directors are examining in detail a preliminary merger agreement hammered out over the past days....
17:17, 2019-06-05

At stake in the NBA Finals: The title of ‘best player in the league’ For the first time in eight years, LeBron James isn't in the NBA Finals. His mantle as the game's top player is up for grabs, and three stars could make compelling cases....
14:17, 2019-05-29

UPDATE 1-Tianqi says happy 'for now' with stake in SQM -president Tianqi Lithium Corp is happy for now with its stake in rival SQM and is working to deepen business ties with the Chilean lithium producer, the Chinese company's president said on Monday....
18:34, 2019-06-10

UK chemical giant Ineos to buy £1.6bn Saudi stake The petrochemical company founded by Britain's richest man Sir Jim Ratcliffe has said it will buy a £1.6bn ($2bn) stake in a plant complex in Saudi Arabia....
17:17, 2019-06-03

Protests in Albania: Its democracy and EU future at stake Albania's opposition parties hold their latest anti-government protest Saturday with a strong likelihood that it will turn violent, dealing another blow to the country's shrinking hopes that the European Union will agree to launch full membership negotiations with the ex-communist nation....
22:17, 2019-06-07

Brazil's Petrobras says CEF to sell $1.86 bln stake - filing Brazil's state-run oil company Petroleo Brasileiro SA said Caixa Econômica Federal will sell a stake worth 7.2 billion reais ($1.86 billion) in the company, according to a securities filing on Monday....
14:51, 2019-06-10

Iran-US tensions flare in the Persian Gulf: What's at stake The US has blamed Iran for attacks on oil tankers in the Persian Gulf — a claim Iran denies. The dispute has raised concerns of a new conflict in the region. DW examines the key actors involved and their interests....
03:51, 2019-06-16

UPDATE 1-Brazil's Petrobras says CEF to sell $1.86 bln stake -filing Brazil's state-run oil company Petroleo Brasileiro SA said Caixa Econômica Federal will sell a stake worth 7.2 billion reais ($1.86 billion) in the company based on the shares' June 7 closing price, according to a securities filing on Monday....
14:51, 2019-06-10

Protests hold Albania’s democracy, its EU future at stake TIRANA, Albania (AP) — Albania’s opposition parties hold their latest anti-government protest Saturday with a strong likelihood that it will turn violent, dealing another blow to the country’s shrinking hopes that the European Union will agree to launch full membership negotiations with ...
18:00, 2019-06-07

Activist Gatemore snaps up Moss Bros stake An activist fund manager which pressed for a break-up of French Connection has turned its attention to another fashion chain by snapping up a 10% stake in Moss Bros, the suit-hire specialist....
17:34, 2019-06-09

A Billboard No. 1 Is at Stake, So Here’s an Album With Your Taylor Swift Hoodie About half the 39 titles that topped the charts last year were sold as part of ticket or merchandise “bundles.” Now even some who benefited from the strategy are complaining....
23:34, 2019-06-09

Brazil's Via Varejo shares down after sale of GPA's controlling stake Shares in Brazilian appliances and electronics retailer Via Varejo SA were trading 0.4% down on Friday at 5.02 reais, after controlling shareholder Grupo Pão de Açúcar (GPA SA) sold its 36% stake in an auction earlier in the day....
18:17, 2019-06-14

DNB says it has not decided whether to sell Oslo Bors stake to Euronext Norway's DNB will meet with Euronext before deciding whether to sell its 20% stake in Oslo Bors VPS to the pan-European stock market operator, the bank said on Monday....
09:51, 2019-05-27

Buffett's Berkshire unveils $861 million Amazon stake Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief......
15:01, 2019-05-21

FCA-Renault revival may hinge on Nissan stake cut, report says Nissan is poised to urge Renault to significantly reduce its 43.4 percent stake in the Japanese company in return for supporting a FCA-Renault tie-up, two people with knowledge of the matter told Reuters....
13:00, 2019-06-10

Volkswagen to take stake in battery cell maker Northvolt FRANKFURT, Germany (AP) — Volkswagen says it is buying a stake in Swedish battery cell producer Northvolt AB and plans a joint factory in Germany ahead of increased production of electric vehicles next year. Wolfsburg-based Volkswagen said Wednesday that it would invest around 900 million euros ($1 ...
15:51, 2019-06-12

Monsoon landlords demand equity stake as CVA looms A quartet of commercial property giants are demanding an equity stake in Monsoon Accessorize, the fashion retailer, in return for supporting a financial restructuring....
20:17, 2019-05-30

WeWork Said to Consider Offer for 70 Percent Indian Affiliate Stake WeWork is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday....
11:17, 2019-06-14

Facebook to buy stake in Indian e-commerce start-up Meesho Facebook is buying a stake in Indian e-commerce start-up Meesho, the head of the U.S. tech giant's Indian business said on Thursday, looking to deepen its reach in one of the world's biggest internet markets....
15:51, 2019-06-13

France prepared to cut Renault stake to shore up deal with Nissan- AFP French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to shore up Renault's partnership with Nissan Motor Co , according to an AFP tweet https://bit.ly/2KwTMqg on Saturday....
11:17, 2019-06-08

France Ready To Cut Renault Stake To Shore Up Nissan Partnership France is ready to consider cutting its stake in Renault in the interests of consolidating the automaker's alliance with Nissan, Finance Minister Bruno Le Maire said....
19:51, 2019-06-08

UPDATE 1-Italy's Mediaset builds a stake in Germany's Prosiebensat Italian largest commercial broadcaster Mediaset has built a 9.6% stake in German peer ProSiebenSat.1, it said on Wednesday, in a move that could pave the way to the creation of a pan-European TV player and lifted the German company's shares....
10:00, 2019-05-29

CBOE Holdings Takes Minority Ownership Stake In CurveGlobal CHICAGO, IL -- October 16, 2015 -- CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it made a minority investment in CurveGlobal, a new interest rate derivatives venture of the London Stock Exchange Group (LSEG) and a number of major dealer banks. CBOE is the only U.S. exchange in the venture...
02:51, 2019-05-22

UPDATE 4-British Steel risks collapse with 25,000 jobs at stake * Unions say: Save the steelworks (Adds context on EU steel equities, the EU ETS, comment from British Steel, from the British government, from UK Steel.)...
17:00, 2019-05-21

France prepared to cut Renault stake to shore up deal with Nissan: AFP French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to shore up Renault's partnership with Nissan Motor Co, according to an AFP tweet on Saturday....
08:17, 2019-06-08

Tour Missouri's Echo Bluff Stake Park If the scenery in Netflix's "Ozark" appeals to you, Missouri's Echo Bluff State Park can provide the natural beauty without all the man-made drama.       ...
04:51, 2019-06-12

Emmanuel Macron’s Grand Ambitions Are at Stake in European Elections For the French president, who is bitterly opposed by the rising populist forces on the Continent, the vote is a critical test of his vision of deeper integration....
14:38, 2019-05-21

Chicago investment firm takes majority stake in Whataburger SAN ANTONIO (AP) — An investment firm has purchased a majority stake in Whataburger as the Texas-based fast-food company seeks to expand in an increasingly competitive market. Whataburger announced Friday that the purchase by Chicago-based BDT Capital Partners should be finalized by the end of the s...
20:34, 2019-06-14

Morgan Stanley wants majority stake in Chinese joint venture: CEO Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, Chief Executive Officer James Gorman said on Wednesday....
00:17, 2019-06-13

Golden Gate Capital to Buy Stake in Billing-Services Firm Bon Secours Mercy Health hospital system is selling a majority stake in its billing-software company to private-equity firm Golden Gate Capital in a deal that people familiar with the matter valued at roughly $1.2 billion....
05:34, 2019-05-30

Fin24.com | Military stake stymies R57bn Zim platinum project A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4bn, about R57bn, is floundering because a military stake in the project has deterred potential backers, according to people familiar with the funding discussions....
19:17, 2019-05-21

UPDATE 1-Peltz's Trian picks up 6% stake in Britain's Ferguson Nelson Peltz's Trian Fund Management LP has acquired a stake of about 6% in Ferguson Plc, calling the British plumbing products distributor an "attractive" investment that trades at a discount to peers in the United States....
09:34, 2019-06-13

Exclusive: FCA-Renault revival may hinge on Nissan stake cut - sources Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker's alliance partner Nissan Motor Co Ltd , according to several sources close to the companies....
04:17, 2019-06-10

Adidas shares slide as traders say its top investor GBL plans to cut its stake Adidas shares fell 3% on news that one of the German sportswear company's top shareholders, Groupe Bruxelles Lambert, was preparing to sell a portion of its near $4.5 billion stake, three traders said....
14:51, 2019-06-12

UPDATE 1-France prepared to cut Renault stake to bolster deal with Nissan- AFP French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to consolidate Renault's partnership with Nissan Motor Co , Agence France Press (AFP) reported https://www.afp.com/en/news/717/france-ready-cut-renault-stake-shore-nissan-partnership-finance-minister-...
11:17, 2019-06-08

Adidas slides as traders say top investor GBL plans to sell part of stake Adidas shares fell 1.5% on Wednesday on expectations that one of the German sportswear firm's top shareholders, Groupe Bruxelles Lambert (GBL), was preparing to sell a portion of its stake, three traders said....
11:34, 2019-06-12

Wizards could try to lure Raptors’ Masai Ujiri with a notable ‘ownership stake’ Ujiri built the Raptors team that won the franchise's first NBA title on Thursday. To lure him, a percentage of ownership would be one major sweetener Washington would have to present over Toronto....
09:34, 2019-06-14

Altria buys 80% stake in Swiss tobacco company Burger Sohne The Altria Group is buying an 80 percent share in Swiss company Burger Sohne and will commercialize one of its smokeless tobacco products, the companies announced Monday....
15:51, 2019-06-03

Italy's Salvini says Rome should take stake in combined FCA-Renault group "if required" Italy's Deputy Prime Minister Matteo Salvini said on Monday the Rome government should take a stake in a combined Fiat Chrysler- Renault group if necessary, given the importance of the car sector for the domestic economy....
23:17, 2019-05-27

Italy's Salvini says Rome should take stake in combined FCA-Renault group 'if required' Italy's Deputy Prime Minister Matteo Salvini said on Monday the Rome government should take a stake in a combined Fiat Chrysler- Renault group if necessary, given the importance of the car sector for the domestic economy....
20:17, 2019-05-27

Teneo Agrees to Sell Majority Stake to Private-Equity Firm Teneo Holdings LLC—the communications and advisory firm known for counseling the CEOs of some of the world’s largest companies—has agreed to sell a slight majority stake to private-equity investor CVC Capital Partners, according to people familiar with the matter....
22:51, 2019-06-07

Robbie Williams takes stake in college, sings mentoring's praises Pop singer Robbie Williams, a judge on Britain's "The X Factor" television show last year, is taking a stake in a performing arts college as he looks to mentor more "jazz hand people" like him....
23:17, 2019-06-13

Huawei Selling Stake in Undersea-Cable Firm as U.S. Pressure Mounts China’s Huawei Technologies plans to sell its majority stake in an undersea-cable venture, in a move that follows a U.S. pressure campaign against Huawei and efforts to block the cable venture’s projects....
14:51, 2019-06-03

Golden Gate Capital to Buy Stake in Hospital-Billing Software Firm Golden Gate Capital is buying a majority stake in billing-software operations of Bon Secours Mercy Health hospital system in a deal valued at $1.2 billion, people familiar with the matter said....
00:34, 2019-05-30

Brazil's CPFL Energia offers to buy Chinese stake in renewables unit Brazilian electric utility CPFL Energia SA announced on Tuesday a memorandum of understanding with its parent company, China's State Grid , for the potential acquisition of State Grid's stake in its renewables arm CPFL Renovaveis ....
15:17, 2019-05-21

UPDATE 1-WeWork considers $1.9 bln offer for 70% stake in Indian affiliate -Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter....
13:34, 2019-06-14

UPDATE 1-Brazil's CPFL Energia offers to buy Chinese stake in renewables unit Brazilian utility CPFL Energia SA said on Tuesday it had offered to buy parent company China's State Grid's stake in its renewables arm CPFL Renovaveis ....
17:00, 2019-05-21

Fate of Missouri's only abortion clinic at stake as St. Louis judge holds hearing The fate of Missouri's only abortion clinic will be at stake on Tuesday when a St. Louis judge hears arguments in Planned Parenthood's lawsuit aimed at forcing state health officials to renew the facility's license to perform the procedure....
12:34, 2019-06-04

Revival of Fiat Chrysler-Renault deal is said to hinge on reduced stake in Nissan Fiat Chrysler Automobiles and Renault are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker's alliance partner Nissan Motor, according to several sources close to the companies....
12:34, 2019-06-10

Transportation Secretary Chao reportedly still holds construction co. stake she pledged to divest Elaine Chao's shares have risen in value by more than $40,000 since the month she said she would let go of them, the Wall Street Journal reported....
16:51, 2019-05-28

UPDATE 2-Brazil unit of France's Casino to sell stake in appliance retailer for at least $578 mln French retailing group Casino's Brazilian unit will sell its controlling stake in a Brazilian appliance retailer for at least 2.23 billion reais ($578 million), accepting a discount on the unit's listed price as it refocuses on its supermarket business....
18:17, 2019-06-12

Qatar's state-backed group and PSG owner in talks for stake in Leeds United: FT Qatar Sports Investments, a state-backed body founded by the emir of Qatar, Sheikh Tamim bin Hamad Al Thani, is in discussions to buy a stake in English soccer club Leeds United, the Financial Times reported on Saturday, citing people familiar with the talks....
02:17, 2019-05-26

UPDATE 2-Billionaire James Packer to sell 20% stake in Crown Resorts to Melco Melco Resorts & Entertainment Ltd said on Thursday it would buy a 20% stake in Australia's Crown Resorts Ltd from casino mogul James Packer for A$1.76 billion ($1.22 billion), just months after Wynn Resorts withdrew its offer to buy Crown....
16:17, 2019-05-30

Nippon Life Insurance To Raise Stake In Reliance Capital-Owned Asset Manager Reliance Capital and Nippon Life Insurance Co both own 42.88% stake each in Reliance Nippon. Nippon Life will buy out most of Reliance Capital's stake with this deal, the asset manager said....
11:01, 2019-05-23

Amazon Renews Efforts to Enter Europe’s Food Sector With a Big Stake in U.K. Meal Courier Deliveroo Deliveroo announced on Friday that Amazon is the largest investor in the U.K.-based meal delivery company’s latest round of funding. Although the specific amount was not disclosed, the funding round totaled $575 million, according to a Deliveroo statement. This brings the company’s total...
15:17, 2019-05-21

Australia's Crown Resorts shares drop as stake sale to Melco dampens buyout hope Australian casino giant Crown Resorts Ltd saw its shares tumble on Friday, after a surprise $1.2 billion selldown by founder James Packer to Hong Kong's Melco Resorts & Entertainment Ltd dampened hopes for a full buyout....
06:01, 2019-05-31

3 times my emergency fund has saved me Without a healthy savings account, you effectively risk racking up costly debt the next time an unplanned expense comes your way.       ...
21:51, 2019-06-08

Plumb Balanced Fund Is Beating The S&P 500 "We're not trying to duplicate the stock market. We're trying to make money for people," said Tom Plumb, manager of the Plumb Balanced Fund. The fund is the top fund in its Morningstar category for the 1-year, 3-year, 5-year periods. It also beat the S&P 500 last year and year-to-date....
20:34, 2019-05-21

Fund Manager Says Oil Is Going Higher, Buy Oil Drillers James Brilliant, chief investment officer at CM Advisors, thinks the oil market has been fundamentally misunderstood and that oil is going to $100. He expects the entire industry to benefit, but he especially likes oil drillers Transocean and Ensco....
20:34, 2019-05-21

Woodford 'extremely sorry' for top fund suspension Neil Woodford has appeared in a video where he say he is "extremely sorry" that investors had to be blocked from withdrawing their cash from his top fund....
10:00, 2019-06-05

Cboe Welcomes New ARK Fund to ETF Marketplace CHICAGO – December 5, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today welcomed a new ARK fund to the Cboe ETF Marketplace....
18:17, 2019-05-21

Rich Hill, On The Shift: "Fuck! Fuck! Fuck! Goddammit! Fuck!" With two down in the bottom of the first inning of Wednesday night’s Dodgers-Rays game, Rays first baseman Ji-man Choi leaned over and bunted a first-pitch fastball from Dodgers starter Rich Hill up the third baseline for a single. This worked because the Dodgers had shifted their infield to the rig...
07:00, 2019-05-23

Brexit 'may bar UK scientists from €100bn EU research fund' Nobel prize winner warns UK science will suffer unless it can gain access to Horizon EuropeOne of Britain’s leading researchers has warned of a “major blow” to national science if ministers cannot secure access to a massive research programme that is being drawn up by the EU.The Horizon Europe progr...
13:17, 2019-06-03

Cboe Welcomes New Pacer Fund to ETF Marketplace CHICAGO – December 12, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today welcomed a new Pacer fund to the Cboe ETF Marketplace....
18:17, 2019-05-21

Employees Provident Fund (EPF) Online Nomination: Here's How To Do It EPFO nomination: It is important to nominate members to the EPF account, according to EPFO's website. In the event of a subscriber's sudden demise, only the nominated members can withdraw the EPF......
08:34, 2019-05-28

Cboe Welcomes New Aptus Fund to ETF Marketplace CHICAGO – November 1, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | NASDAQ: CBOE), one of the world’s largest exchange holding companies, today welcomed a new Aptus fund to the Cboe ETF Marketplace....
18:17, 2019-05-21

Cboe Welcomes New Global X Fund to ETF Marketplace CHICAGO – October 18, 2017 – Cboe Global Markets, Inc. (BZX: CBOE | NASDAQ: CBOE), a leader in exchange-traded product (ETP) trading globally, today welcomed a new Global X fund to the Cboe ETF Marketplace....
18:17, 2019-05-21

Jon Stewart eviscerates US Congress over 9/11 first responder fund The comedian has delivered an emotional plea to US lawmakers on behalf of first responders running out of time and money. He attacked Congress for its hypocrisy and lack of shame....
03:17, 2019-06-12

Cboe Welcomes New iShares Fund to ETF Marketplace CHICAGO – November 9, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today welcomed a new iShares fund to the Cboe ETF Marketplace....
18:17, 2019-05-21

Jon Stewart lashes out at Congress over 9/11 victims fund Comedian Jon Stewart is scolding Congress for failing to ensure that a victims’ compensation fund set up after the 9/11 attacks never runs out of money...
21:00, 2019-06-11

House committee gives OK to 9/11 victims fund reauthorization The House judiciary committee gave its approval to legislation replenishing the September 11th Victim Compensation Fund one day after comedian Jon Stewart passionately implored the panel to support the bill....
02:00, 2019-06-13

Loeb's Hedge Fund Wants Centene to Consider Selling Itself Daniel Loeb’s Third Point has built a stake in Centene and wants the health insurer to consider selling itself before spending $15.3 billion on its deal to purchase WellCare Health Plans....
18:51, 2019-05-24

CBOE Holdings Takes Equity Stake in Eris Exchange Holdings and Companies Announce Strategic Product Partnership CHICAGO, May 23, 2016/ PRNewswire/-- CBOE Holdings, Inc. and Eris Exchange, LLC announced today that CBOE Holdings has made a minority equity investment in its parent, Eris Exchange Holdings, LLC. Eris is a U.S.- based futures exchange group offering swap futures as a capital-efficient alternative t...
02:51, 2019-05-22

Star Manager Woodford Halts Fund's Redemptions U.K. money manager Neil Woodford suspended redemptions from his main fund, drawing fresh attention to the dilemma for investment firms that promise investors they can quickly cash out of funds with hard-to-sell assets....
02:00, 2019-06-05

SoftBank's Vision Fund to borrow $4 bln against stakes in Uber and two others - FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal....
07:51, 2019-05-30

New Fund for Southeast Asia Tech Hits First Close A new Southeast Asia-focused private-equity firm launched by a group of seasoned technology executives has hit the first close of its debut fund, the latest sign of investors’ growing enthusiasm for startups in the populous region....
05:00, 2019-06-14

Donors pledge over US$ 15 million to WHO’s Contingency Fund for Emergencies Donors have pledged an additional US$15.3 million to support quick action by the World Health Organization to tackle disease outbreaks and humanitarian health crises through its emergency response fund in 2018, the Contingency Fund for Emergencies (CFE). Canada, Denmark, Estonia, Germany, the Repub...
17:34, 2019-05-21

CBOE to Develop Hedge Fund Benchmarks with Eurekahedge CHICAGO, IL -- May 20, 2015 -- Chicago Board Options Exchange® (CBOE®) today announced it has entered into an agreement with Eurekahedge, a hedge-fund research and data collection company, to collaborate on the development of a series of new benchmark indexes that will measure the performanc...
05:01, 2019-05-22

How To Check Provident Fund (PF) Claim Status Via Umang App Users can also check their EPF balance, search establishment, get EPFO address and apply for Jeevan Pramaan certificate via Umang app, which is currently available on google, apple and windows......
12:17, 2019-05-30

The Latest: Donor willing to fund push to undo abortion ban JEFFERSON CITY, Mo. (AP) — The Latest on a Missouri ban on abortions at eight weeks of pregnancy (all times local): 4:55 p.m. A wealthy GOP political donor is willing to bankroll a possible ballot initiative to repeal a Missouri ban on abortions after eight weeks of pregnancy. Missouri businessman D...
00:51, 2019-05-25

Capgemini expands with technology venture capital fund Global business consultancy Capgemini is launching its first-ever investment fund, with plans to invest up to 90 million euros ($102 million) in early-stage technology companies....
19:34, 2019-06-11

Jon Stewart to testify on behalf of 9/11 victims fund to Congress Jon Stewart and a number of first responders will testify before the House Judiciary Committee Tuesday to push lawmakers to fund the 9/11 victims compensation fund. The House is expected to vote on the “Never Forget the Heroes Act” on Wednesday that would extend funding beyond 2020, when...
17:51, 2019-06-11

Italy will discuss later this year how to fund tax cuts: Di Maio The Italian ruling coalition will discuss later this year how to finance its ambitious tax cut plans, Deputy Prime Minister Luigi Di Maio said on Thursday....
09:51, 2019-06-13

U.S. judge approves PG&E $105 million wildfire assistance fund PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility's equipment, the judge overseeing the investor-owned power producer's bankruptcy ruled on Wednesday....
21:34, 2019-05-22

Schools 'crowd fund for pencils, glue and books' The prime minister says the government is putting a "record level of funding". into schools, after Jeremy Corbyn asks about some closing early on Fridays....
16:00, 2019-05-22

How To Check Provident Fund Account Balance Online Provident fund account balance: Retirement fund body EPFO or Employees' Provident Fund Organisation allows EPF subscribers to access their passbook - which contains information on their account......
12:17, 2019-05-30

Is It Time To Sell? 4 Questions Fund Investors Should Answer Getting better at selling funds can help you keep your investments in shape and may even improve your results. These four questions can help you know when it's time to move on....
20:34, 2019-05-21

U.S. Supreme Court to hear IBM retirement fund dispute The U.S. Supreme Court on Monday agreed to weigh whether managers of a retirement fund for IBM Corp employees that invested in the company's stock can be sued for failing to disclose that its microelectronics business was overvalued....
16:51, 2019-06-03

Kentucky conservation fund wins award for preservation FRANKFORT, Ky. (AP) — The American Battlefield Trust has recognized the Kentucky Heritage Land Conservation Fund for helping preserve battlefields and historic sites. American Battlefield Trust President James Lighthizer recognized the fund last week for a “monumental contribution” to th...
12:51, 2019-06-10

Female Hedge-Fund Veteran Has Contemplated Comeback Anne Dias has discussed a return to money management, people familiar with the matter say. She was once one of the few women to run a hedge fund, investing on behalf of billionaire Julian Robertson as well as her then-husband, Ken Griffin....
17:17, 2019-05-29

Cboe Welcomes New Exponential ETFs Fund to ETF Marketplace CHICAGO – November 1, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | NASDAQ: CBOE), one of the world’s largest exchange holding companies, today welcomed a new Exponential ETFs fund to the Cboe ETF Marketplace....
18:17, 2019-05-21

CBOE Launches Hedge Fund Benchmarks with Eurekahedge CHICAGO, IL – August 18, 2015 – Chicago Board Options Exchange® (CBOE®) today announced it has launched four new benchmark indexes in collaboration with Eurekahedge, a Singapore-based hedge fund research and data collection company, that measure the performance of hedge funds tha...
05:01, 2019-05-22

Two Former Hedge Fund Employees Could Get $90 Million Jury Payout Two former employees of commodities hedge fund Touradji Capital Management could receive roughly $90 million after winning a decadelong lawsuit against the firm....
16:01, 2019-06-06

Swedish fund AP2 ditches tobacco and nuclear weapons investments Sweden's AP2, one of the country's five main national pension funds, will no longer invest in tobacco and nuclear weapons-linked stocks, in a move it said on Tuesday deepened its commitment to......
14:34, 2019-06-04

RBI Lifts Charges On Digital Fund Transfers, Says Customers Must Benefit The Real Time Gross Settlement System (RTGS) is meant for large-value instantaneous fund transfers while the National Electronic Funds Transfer (NEFT) System is used for fund transfers up to Rs 2......
12:17, 2019-06-06

New grant to fund archery backstops at 2 Pima County ranges TUCSON – A $30,000 grant from Arizona Game and Fish Department will be used to renovate backstops at two Pima County ranges. The funds will be used at Tucson Mountain Park Archery Range and Southeast Regional Park Archery, Pima County said. According to a news release, “Pima County will match the fu...
04:34, 2019-05-31

Kushner Sees a Problem in Trump’s Fund-Raising, but Not Everyone Agrees The involvement of the president’s son-in-law is described as something of a defensive move to prevent rivals from taking over a job with great power and proximity to the president....
02:34, 2019-06-04

Watchdog examines Guernsey listings of suspended Woodford fund Britain's financial watchdog said it was examining a decision by a frozen Woodford fund to list investments in Guernsey, as wealth manager St James's Place pulled 3.5 billion pounds ($4.45 billion)......
22:51, 2019-06-05

Retirement savings 101: Here are 7 things to know before investing in a target-date fund A target-date fund is a fund of mutual funds that becomes more conservative with time. Here's what you should know about this retirement saving tool.        ...
15:17, 2019-06-05

This new space industry fund is already beating the market—here are its main drivers An out-of-this-world exchange-traded fund just hit the market, and its creator says it capitalizes on lesser-known industries involved in the space race....
23:34, 2019-05-26

Supreme Court to hear Intel retirement fund dispute Intel has been accused of violating federal law in making employee retirement plan investments that cost beneficiaries hundreds of millions of dollars....
17:51, 2019-06-10

Gannett shareholders reject hedge fund’s board candidates The vote, completed at Gannett’s annual meeting in McLean, amounted to a rejection of Alden’s Media News Group -- possibly a final one -- of Alden’s attempt to acquire Gannett through a hostile takeover launched in January....
19:00, 2019-05-21

Jon Stewart shames lawmakers for not showing up to 9/11 victims fund hearing ​WASHINGTON – ​Former “The Daily Show” host Jon Stewart shamed ​members of a House panel Tuesday when only five lawmakers were seated in the rostrum to hear survivors of the Sept. 11 terror attacks testify about the need to reauthorize the 9/11 Victim Compensation Fund. “As I sit h...
19:34, 2019-06-11

Group to fund and operate first hydrogen fuel ferry fleet in the US The first hydrogen-powered commercial ferry under construction. [credit: Golden Gate Zero Emission Marine / Switch Maritime ] On Wednesday, a plan to put hydrogen fuel cell-powered ferries ...
05:17, 2019-06-13

Greatest Fund Manager Update: Stick With Delaware Healthcare And 3 Others Three of the four mutual fund managers I recommended beat the S&P 500 in June. Only the Oppenheimer Global Opportunities fund lost money. What happened and what should we do?...
20:34, 2019-05-21

Small Stock Fund Provides Safe Haven Amid Trade War Sandy Villere, one of the portfolio managers of the Villere Balanced Fund (VILLX), which is up 9.7% this year and is beating both the S&P 500 and the Russell 2000, said "Small-caps have the wind at their back with deregulation, lower corporate taxes and this trade war."...
20:34, 2019-05-21

Angry Jon Stewart pushes lawmakers to extend 9/11 victims fund Comedian and actor Jon Stewart joined a group of Sept. 11 first responders on Capitol Hill on Tuesday to push lawmakers to vote in favor of legislation replenishing the September 11th Victim Compensation Fund....
22:34, 2019-06-11

Seeking shelter from trade war, fund managers bet on China's consumers China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks as the long-term promise of a growing middle class trumps more immediate fears about tariffs....
07:34, 2019-06-13

Bankruptcy judge approves $105M PG&E fund to help wildfire survivors A federal judge on Wednesday approved a plan for Pacific Gas & Electric Corp. to establish a $105 million relief fund to assist survivors of recent California wildfires caused by its power lines....
10:51, 2019-05-23

Comedian Jon Stewart assails Congress for ignoring 9/11 first responders fund Jon Stewart, the popular former host of the late-night comedy program The Daily Show, criticized members of Congress for not attending a hearing on Tuesday on renewing funding for a program that provides health care to first responders who were sickened responding to the Sept. 11 attacks....
23:51, 2019-06-11

PG&E wins court approval to set up $105 million wildfire assistance fund PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility's equipment, the judge overseeing the bankruptcy of the investor-owned power producer ruled on Wednesday....
06:17, 2019-05-23

Seagram’s heiress Clare Bronfman gives $14M to Nxivm defense fund Seagram’s heiress Clare Bronfman coughed up more than $14 million to fund the defense of Nxivm leader Keith Raniere, herself and other accused sex-cult cohorts, Brooklyn jurors heard Tuesday. Government witness Richard Guerci, formerly of the IRS, testified that the liquor scion had deposited ...
01:00, 2019-06-12

Jeffrey Gundlach's DoubleLine to launch Income Fund: SEC filings DoubleLine Capital, run by widely followed investor Jeffrey Gundlach, is planning to launch a new fund that will invest in mortgage-backed securities, other asset-backed securities and collateralized......
00:00, 2019-06-13

Read Jon Stewart’s full testimony supporting the 9/11 victims fund Jon Stewart, the former host of “The Daily Show,” and Luis Alvarez, a retired NYPD detective who responded to Ground Zero after the 9/11 terror attacks, were among those who testified Tuesday at a House Judiciary subcommittee. They ​appeared on behalf of reauthorizing the September 11th ...
21:34, 2019-06-12

New White Paper on Fund use of Options in Portfolio Management Released CHICAGO, IL and NEW YORK, NY -- January 13, 2015 -- The Chicago Board Options Exchange® (CBOE®) announced today the release and publication of a groundbreaking new study: “Highlights of Performance Analysis of Options-Based Equity Mutual Funds, CEFs, and ETFs.” The study analyzed SEC-regulated ...
05:01, 2019-05-22

U.S. Supreme Court to hear Intel retirement fund dispute The U.S. Supreme Court on Monday agreed to hear Intel Corp's bid to avoid a lawsuit accusing it of violating federal law in making employee retirement plan investments that cost beneficiaries hundreds of millions of dollars....
16:34, 2019-06-10

Low-Income College Students Are Being Taxed Like Trust-Fund Babies Higher education officials are calling on Congress to fix a provision in the Trump administration’s tax overhaul that has caused unintended tax increases....
18:51, 2019-05-21

Bank Exchange Traded Fund To Be Launched By December: Report Government holding in several PSU banks continues to remain at very high levels. It is as high as 75 per cent in PNB and 65 per cent in Bank of Baroda...
19:34, 2019-05-28

General Provident Fund (GPF): How It Works, Interest Rate, Other Details A subscriber is required to subscribe monthly to GPF except during the period when he is under suspension. Subscriptions to the general provident fund are stopped three months prior to the date of......
19:34, 2019-05-28

Legg Mason Reaches Deal With Hedge Fund Trian Legg Mason confirmed it reached an agreement with Trian Fund Management on the composition of its board, naming Nelson Peltz and Ed Garden as directors....
16:51, 2019-05-21

TPG signs deal to takeover management of Abraaj's healthcare fund U.S. private equity firm TPG said on Thursday it has signed a definitive agreement to takeover the management of a healthcare fund, previously managed by collapsed private equity firm Abraaj....
15:01, 2019-05-21

More GOP senators support 9/11 victims fund bill after Jon Stewart shaming Two additional GOP senators signaled their support for 9/11 Victims Fund bill on Thursday following Jon Stewart’s shaming of lawmakers who were not present for testimony from 9/11 first responders at a Judiciary subcommittee hearing earlier this week, The Post has learned. Sen. John Hoeven (R-...
01:17, 2019-06-14

Hedge fund Third Point calls on Sony to spin off businesses Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its entertainment and semiconductors businesses into separate companies, the second time in six years it has targeted the Japanese electronics maker....
00:51, 2019-06-14

Hedge fund urges Madame Tussauds operator to go private A large investor in the operator of Madame Tussauds is waxing nostalgic about the company’s days as a private entity. Activist hedge fund ValueAct is urging the company behind the maker of Meghan Markle and Ariana Grande wax figurines to pursue a deal to take itself private, saying a going-private t...
05:34, 2019-05-24

D.E. Shaw's top shareholder activist Koffey leaves hedge fund Hedge fund manager Quentin Koffey, who joined D.E. Shaw & Co two years ago from Elliott Management Corp to lead its shareholder activism strategy, has left to join Senator Investment Group LP, the......
01:51, 2019-05-24

AOC rallies for 9/11 compensation fund, Congress expected to back bill The 9/11 victims compensation fund is expected to get crucial funding to help extend it for years when it finally hits Congress next week, it was announced at a Ground Zero rally on Sunday. “I’m told that we have 330 representatives that have signed on so we are very optimistic … t...
04:34, 2019-06-10

Al Gore's Generation raises $1 bln for latest private equity fund Sustainable investment specialist Generation Investment Management, co-founded by former U.S. Vice President Al Gore, has raised $1 billion for its latest private equity fund, it said on Tuesday....
17:00, 2019-05-21

MOVES-D.E. Shaw's top shareholder activist Koffey leaves hedge fund Hedge fund manager Quentin Koffey, who joined D.E. Shaw & Co two years ago from Elliott Management Corp to lead its shareholder activism strategy, has left to join Senator Investment Group LP, people familiar with the matter said on Thursday....
01:34, 2019-05-24

Philly refiner defers retirement fund payments to employees: letter Philadelphia Energy Solutions will defer retirement payments to union members until next year, the company said in a letter to the union last week, the latest sign the refiner is struggling to find......
15:01, 2019-05-21

New Cboe Vest Fund Targets Distributions of 3.5% Above the S&P 500 with Proportional Price Returns McLean, VA – Nov. 8, 2017 – The newest mutual fund from Cboe Vest Financial LLC (“Cboe Vest”) seeks to track the recently launched Cboe S&P 500 Dividend Aristocrats Target Income Index (SPAI), an index designed to track the hypothetical performance of a partial buy-write strategy applied to stocks c...
18:17, 2019-05-21

Mexico: Amlo says sale of presidential plane will fund migrant crackdown Funds from sale of Andrés Manuel López Obrador’s jet will be put toward the deployment of the newly formed national guardAndrés Manuel López Obrador has promised to fund a crackdown on migrants to Mexico from Central America with proceeds from the sale of his office’s aircraft, a 787 Dreamliner whic...
05:51, 2019-06-13

Hedge fund Third Point calls on Sony to spin off semiconductor unit Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company....
08:51, 2019-06-14

City Council hits up taxpayers to fund 2021 mayoral campaigns The City Council rewrote local campaign laws Thursday in a move critics claim was done to boost the mayoral campaign of Speaker Corey Johnson while hitting up taxpayers up for tens of millions of dollars to bankroll candidates. Following weeks of behind-the-scenes arm twisting, council members overw...
05:51, 2019-06-14

Know When To Fold 'Em: Billionaire Leon Cooperman To Close Hedge Fund After Big Comeback Hedge fund billionaire Leon Cooperman is closing his famous fund Omega Advisors to outside money. Cooperman is exiting after a high after posting strong returns in recent years and will increasingly focus on fulfilling The Giving Pledge....
20:34, 2019-05-21

Japan's SoftBank is reportedly grappling with raising money for its latest fund Japanese conglomerate SoftBank Group has reportedly hit a roadblock in its quest to raise money for its latest fund, according to the Wall Street Journal....
11:17, 2019-06-03

World's biggest sovereign wealth fund to ditch fossil fuels Norway’s Government Pension Fund Global gets go ahead to divest $13bn of investmentsThe world’s largest sovereign wealth fund, which manages $1tn (£786bn) of Norway’s assets, has been given the go ahead for the largest fossil fuel divestment to date by dropping more than $13bn of investments.Norway’...
18:51, 2019-06-12

Jon Stewart lashes out at lawmakers’ empty chairs at 9/11 victims fund hearing WASHINGTON — Comedian Jon Stewart is scolding Congress for failing to ensure that a victims’ compensation fund set up after the 9/11 attacks never runs out of money. Stewart, a longtime advocate for 9/11 responders, angrily called out lawmakers for failing to attend Tuesday’s hearing on ...
15:01, 2019-06-12

Tearful Jon Stewart finds congress 'empty' during 9/11 victims' fund talks US comedian and broadcaster Jon Stewart has attacked a "near-empty" congress after members failed to show up to a hearing on renewing funding for the healthcare of 9/11 first responders....
12:34, 2019-06-12

UPDATE 2-U.S. Supreme Court to hear Intel retirement fund dispute The U.S. Supreme Court on Monday agreed to hear Intel Corp's bid to avoid a lawsuit accusing it of violating federal law in making employee retirement plan investments that cost beneficiaries hundreds of millions of dollars....
16:34, 2019-06-10

Former hedge fund manager Michael Novogratz says America needs redistribution of wealth Former Goldman Sachs macro trader and Fortress hedge-fund manager is the latest to point out problems with modern-day capitalism and income inequality....
22:34, 2019-05-24

Brazil will not change Amazon fund without asking donors: development bank BNDES Brazil will make no changes to the governance of the billion-dollar Amazon Fund without consulting the donors Norway and Germany, the president of the fund's administrator, the Brazilian development bank BNDES, said on Friday....
02:51, 2019-06-08

Calgary announcement sees feds pledge $24.5M to fund cannabis use research Minister Bill Blair announced funding for Canada-based research into cannabis use, research into the impact of legalized cannabis on public health and public awareness projects....
03:34, 2019-05-23

Fund Your Favorite Open-Source Projects Using Github's New Sponsorship Program We’re big fans of open source software and the ethos of freedom, security, and transparency that often drives such projects. But software development and upkeep are not cheap, and even the most capable open source developers need help now and again. Luckily, Github just made it a lot easier to direc...
00:34, 2019-05-24

Gucci to Fund Project to Save Rome’s Historic Rock of Execution Gucci is one of the most famous fashion brands in the world. The Italian company has announced that they are funding a restoration project in the heart of Rome. ...
17:51, 2019-06-07

Once a book selling giant, Barnes & Noble sold to hedge fund NEW YORK (AP) — The beleaguered bookseller Barnes & Noble is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon.com and other online competitors. Independent bookstores have also persisted in the fa...
15:51, 2019-06-07

US allegations against Huawei are unproven and unfair, Russian sovereign wealth fund says The head of Russia's sovereign investment fund has urged the U.S. to back-up claims that China's Huawei represents a national security threat....
09:51, 2019-06-07

Columbine survivor’s suicide inspires fund for mass shooting victims Loved ones of Columbine survivor Austin Eubanks — who last month became the third school-shooting survivor to die this year of suicide or an overdose — are setting up a fund in his memory to help others who’ve suffered similar traumas. Eubanks had struggled with opioid addiction since he was i...
04:00, 2019-06-07

Hemingway on left's new criticism of Joe Biden: It's now 'radical' to say taxpayers should not fund abortions Joe Biden is taking heat from the left for his support for the Hyde Amendment, which prevents federal funds from being used for abortions except in cases of rape, incest or to save the life of the mother. ...
17:34, 2019-06-06

| Zimbabwe demands right to sell $300m of ivory to fund game reserves Zimbabwe has demanded the right to sell its stockpile of ivory to raise money for conservation, wildlife authorities says, joining other southern African nations in calling for the global ban on the trade in tusks to be relaxed....
21:00, 2019-06-11

Employees' Provident Fund: Interest Rate, Withdrawal Rules, Key Details Employees' Provident Fund or EPF, a government-run pension scheme, fetches an interest at the rate of 8.65 per cent. It is a mandatory contribution from the salary of an individual that every......
14:17, 2019-05-23

British lawmakers demand their pension fund divests fossil fuels A third of British lawmakers called on Wednesday for their 700 million pound ($885 million) parliamentary pension fund to divest its holdings in fossil fuel companies to address the climate change "emergency"....
20:17, 2019-05-22

ABN AMRO fund invests in financial crime detection firm ThetaRay ABN AMRO's Digital Impact Fund said on Wednesday it has taken a stake in ThetaRay, an Israeli provider of big data analytics to combat financial cybercrime and operational failures....
11:34, 2019-06-12

Britain's best known stockpicker posts apology on Youtube after suspension of flagship fund Britain's best known portfolio manager apologized to investors after being forced to suspend trading on his flagship fund after mounting losses and withdrawals....
13:51, 2019-06-05

More than 3,400 classrooms damaged or destroyed by Cyclone Idai in Mozambique, says UN Children’s Fund More than 305,000 children in Mozambique are losing out on lessons at school since the devastating floods caused by Cyclone Idai, which struck southeast Africa just over a month ago. ...
17:51, 2019-05-21

Activist hedge fund CIAM will 'strongly oppose' FCA-Renault deal Activist hedge fund CIAM has written to the board of French automaker Renault to say it "strongly opposed" a planned $35 billion merger with Fiat Chrysler....
12:34, 2019-06-04

Yemen war ‘a test of our humanity’, and we’re ‘badly failing’ warns UN Children’s Fund chief “Fifteen million children in Yemen are asking you to save their lives” the head of the UN Children’s Fund (UNICEF) told the 15 members of the Security Council on Wednesday, in an impassioned plea for action to end four years of fighting which has left at least 7,300 children killed or seriously inju...
14:32, 2019-05-21

Dan Crenshaw fact-checks NYT writer who wrongly accused him of not supporting 9/11 victims fund Rep. Dan Crenshaw, R-Tex, had a sharp response to a New York Times writer who accused him of not supporting the 9/11 Victims Compensation Fund, urging the liberal journalist to "check his facts."...
04:51, 2019-06-12

House panel unanimously passes 9/11 victims fund bill after Jon Stewart shaming WASHINGTON — The bill that permanently authorizes the 9/11 Victim Compensation Fund passed out of the House Judiciary Committee unanimously on Wednesday. The move comes a day after former “The Daily Show” host Jon Stewart shamed members of a Judiciary subcommittee, as only Judiciary Committee Chairm...
21:34, 2019-06-12

British money manager Woodford's star wanes over locked fund gate Famed for eschewing the tech bubble and sticking with tobacco and pharmaceuticals as others sold out, Neil Woodford's cult status among British money managers is on the ropes after some of his......
07:34, 2019-06-05

Centrists warn of 'slippery slope' after Democrats skirt rules to fund agenda A group of moderates is calling out House Democratic leaders for blowing past the caucus’s own budget rules to pay for its agenda, a sign of strain among the resurgent fiscal-hawk wing of the party.The Blue Dog Coalition sent a letter to Speaker Nancy Pelosi and Majority Leader Steny Hoyer on Wednes...
05:17, 2019-06-06

Imran Khan's Pak Government Tables Budget Amid Monetary Fund Bailout Pakistan Prime Minister Imran Khan's government vowed to collect more taxes and make cuts in spending in a closely watched budget presented to parliament Tuesday, weeks after reaching a deal with the......
23:00, 2019-06-11

Australia banking watchdog slaps compliance orders on AMP pension fund units Australia's banking watchdog on Friday said it had issued directions and license conditions on AMP Ltd's pension fund units to force it to comply with regulations governing the superannuation......
00:34, 2019-06-14

Roguebook goes to Kickstarter to fund this Faeria-inspired roguelike digital card game Belgium game studio Abrakam is taking is looking to Kickstarter to raise funds for its next game, a rougelike digital card game called Roguebook.Read More...
18:00, 2019-06-06

Fund manager Glennmont raises 850 million euros for clean energy investment Fund manager Glennmont Partners has raised 850 million euros ($947 million) at the final close of its third clean energy fund, which will invest in renewables projects in Europe and Britain, it said on Tuesday....
01:17, 2019-06-04

Senior BoE official backs fund suspensions amid Neil Woodford saga A senior Bank of England official has supported the use of suspensions to protect funds, as pressure grows on under-fire asset manager Neil Woodford....
18:17, 2019-06-11

UPDATE 2-Hedge fund Third Point calls on Sony to spin off semiconductor unit Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company....
04:34, 2019-06-14

Evermore Global Value Fund Finds European Stocks Selling At A Deep Discount David Marcus, portfolio manager of the Evermore Global Value Fund, is a deep diving value investor, looking for cheap stocks with catalysts to pull value out of the stocks. He's beaten his benchmark for the 1-year, 3-year and 5-year periods and he's currently invested 70% of his fund in Europe....
20:34, 2019-05-21

'Toxic cocktail' brewing for U.S. asset managers: hedge fund investor Kass Hedge fund investor Doug Kass said on Tuesday that he is shorting several investment managers, including T. Rowe Price Group Inc and Franklin Resources Inc, as they could be "the next group to feel......
23:00, 2019-05-21

Amid Clashes, Tripura Congress Creates Crisis Fund For Injured Supporters The Tripura Congress may have decided to move the Supreme Court to seek compensation for supporters who suffered injuries and property loss in post-poll violence across the state, but it isn't......
06:34, 2019-05-29

House panel advances bill to boost September 11th Victims Compensation Fund A House panel passed a bill Wednesday to authorize additional funding for the September 11th Victims Compensation Fund until 2090, one day after comedian Jon Stewart sharply criticized members of Congress for not attending a subcommittee hearing on the issue and gave an emotional plea to extend the ...
19:00, 2019-06-12

Hedge fund manager David Tepper plans to send investors' money back Billionaire David Tepper plans to turn his hedge fund Appaloosa Management into a family office where he will invest his personal fortune and return capital to outside clients at some point, a person......
20:34, 2019-05-23

Watch: Jon Stewart calls out lawmakers over 9/11 victims' compensation fund in emotional House testimony Comedian Jon Stewart tore into members of Congress Tuesday for failing to ensure that a victims' compensation fund set up after the 9/11 attacks won't run out of money -- and for skipping a hearing devoted to that very crisis. ...
21:51, 2019-06-11

James Garner had a big heart for dogs; Daughter Gigi kicks off animal rescue fund in his name James Garner, who died five years ago, never met a dog he didn't love. His daughter honors her father with an animal rescue fund in his name.        ...
21:34, 2019-06-14

London Drugs offers to fund Victoria Remembrance Day costs as council debates asking military The Canadian pharmacy chain said the company plans to cover the costs of the events and other veterans' commemorations "for at least the next few years."...
05:51, 2019-06-14

UPDATE 1-Abu Dhabi sovereign fund buys full ownership of New York office block Abu Dhabi Investment Authority (ADIA) said on Wednesday it had bought a 25% stake in 330 Madison Avenue from Vornado Realty Trust, gaining full ownership of the office block close to New York's Grand Central Station....
10:17, 2019-06-12

Tilray and Peter Thiel-backed fund strike deal to release its shares gradually over the next two years Tilray struck a deal with its majority shareholder, a Peter Thiel-backed fund, to sell the fund's stake gradually over the next two years, the Canadian pot company announced Monday....
12:51, 2019-06-10

Palestine refugees’ relief chief warns Security Council money to fund Gaza operations will run out in mid-June The head of the UN relief and works agency for Palestine refugees (UNRWA) warned on Wednesday that despite weathering a “truly existential crisis” over funding last year, money to continue operations this year in the Gaza Strip will only last until mid-June. ...
14:51, 2019-05-23

CBOE INTRODUCES NEW CRUDE OIL VOLATILITY INDEX (OVX); New Benchmark Applies VIX Methodology To Options On The United States Oil Fund (USO) CHICAGO, July 14, 2008 - The Chicago Board Options Exchange (CBOE) announced today that beginning on Tuesday, July 15, 2008, the Exchange will be publishing the CBOE Crude Oil Volatility Index (ticker symbol OVX).The OVX, or "Oil VIX," measures the market's expectation of 30-day volatility of crude ...
09:34, 2019-05-23

U.S. to Sell $150 Billion in Debt The U.S. Treasury Department will auction $150 billion in securities next week, comprising $74 billion in new debt and $76 billion in previously sold debt....
02:17, 2019-06-07

Broadcom to Take $2 Billion Hit From Huawei Ban Broadcom said it would make $2 billion less in annual sales than expected following the U.S. ban on exports to Chinese telecom giant Huawei Technologies....
03:51, 2019-06-14

Iran lacking cash to fund terror groups, domestic cyber agency short of funds, declassified intel shows Newly declassified intelligence shows that Palestinian terror group Hamas had to introduce “austerity plans” due to lack of funding from the Iranian regime....
04:34, 2019-05-25

This app has saved Americans $10 billion on prescriptions so far Start-up GoodRx is upending pharmacies with an app that gives users real-time drug prices at 70,000 locations nationwide. It was ranked No. 6 on the 2019 CNBC Disruptor 50 list....
17:00, 2019-05-21

EU regulators to decide on IBM's $34 billion Red Hat bid by June 27 EU antitrust regulators will decide by June 27 whether to clear U.S. tech giant International Business Machines Corp's $34 billion bid for software company Red Hat....
17:17, 2019-05-21

Microsoft posts a record $29.1 billion Q1. Same old, same old (credit: Julien GONG Min / Flickr) Microsoft has posted the results of the first quarter of its 2019 financial year, which runs up until September 30, 2018. Revenue was $29.1 billion, up 19 percent year on year, to set a new record for the company's first quarter. Operating income rose 29 percent ...
17:34, 2019-05-21

Bulgaria sees F-16 jet deal with U.S. at $1.2 billion Bulgaria expects the United States to make an offer soon to sell it eight new F-16 fighter jets for its army at $1.2 billion, the defense ministry said on Tuesday....
08:51, 2019-06-04

Volkswagen’s $17 Billion Change of Direction The car giant is finally putting its faith in the wonders of the capital markets with its Traton trucks IPO. If only Germany’s citizens would do the same. ...
17:00, 2019-06-14

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released about its finances: they can’t stop, won’t stop losing so much freaking money....
01:17, 2019-05-31

More than €10 Billion Traded on Bats LIS Since Launch LONDON – 26 September 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today reported that more than €10 billion has executed on Bats LIS, its block trading platform powered by BIDS technology, since its launch less than 10 months ago....
18:17, 2019-05-21

Treasury to Sell $203 Billion in Debt The U.S. Treasury Department will auction $203 billion in securities next week, comprising $149 billion in new debt and $54 billion in previously sold debt....
02:34, 2019-05-24

Treasury to Sell $113 Billion in Debt The U.S. Treasury Department will auction $113 billion in securities next week, comprising $62 billion in new debt and $51 billion in previously sold debt....
18:17, 2019-06-13

Salesforce's $15.7 billion Tableau acquisition: Everything you need to know Salesforce's purchase of Tableau is a strategic play to be combine enterprise data on one platform. Here's a look at the strategic rationale, wild cards, and what it means for customers....
20:34, 2019-06-10

Pentagon gets 8.8% discount in $34 billion F-35 jet deal The U.S. Department of Defense has a "handshake" agreement with Lockheed Martin Co to cut 8.8 percent from the price of its latest order of F-35A fighter jet, shaving a year from the time frame in which each aircraft will cost less than $80 million, a Pentagon official said on Monday....
00:00, 2019-06-11

CBS unlikely to pay Lionsgate’s $5.5 billion price tag for Starz Lionsgate’s chances of selling its Starz TV network to CBS for $5.5 billion just shrank — by about $2 billion. Investors in the film studio behind “The Hunger Games” made it abundantly clear this week that they don’t see CBS writing a $5 billion-plus check to Lionsgate to acquire Starz, the station ...
09:51, 2019-05-25

How the Promise of a $120 Billion Uber I.P.O. Evaporated Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setback after setback and ultimately resulted in pointed questions for all involved....
15:01, 2019-05-21

5G auction in Germany raises €6.5 billion from four telcoms After hundreds of rounds of bidding over nearly three months, Germany raised more than expected from its 5G spectrum auction. Auction winners will have to supply households with fast internet and share their networks....
07:34, 2019-06-13

Mozambique Says It Needs $3.2 Billion to Recover After Deadly Cyclones (JOHANNESBURG) — Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern African nation earlier this year and left hundreds dead, raising alarm about the effects of climate change on coastal nations. That’s according to a g...
11:51, 2019-05-30

Cyprus says it stands to gain $9 billion from gas field NICOSIA, Cyprus (AP) — Cyprus’ energy minister says the east Mediterranean island nation stands to gain more than $9 billion over 18 years from the export of gas from its offshore ‘Aphrodite’ field. Georgios Lakkotrypis said Wednesday that a renegotiated contract with the consortiu...
13:51, 2019-06-05

NXP to buy Marvell's WiFi, Bluetooth business for $1.76 billion Dutch chipmaker NXP Semiconductors NV said on Wednesday it will buy Marvell Technology Group Ltd's wireless connectivity business for $1.76 billion in cash to offer its customers a bigger product portfolio....
17:51, 2019-05-29

US trade deficit shrinks to $50.8 billion in April WASHINGTON (AP) — The U.S. trade deficit shrank in April, but the politically sensitive deficit with China moved higher. The Commerce Department says the gap between the goods and services the U.S. buys and what it sells abroad fell 2.1% to $50.8 billion in April from March. Exports fell 2.2% to $20...
16:00, 2019-06-06

For 5G, AT&T and T-Mobile buy $1.8 billion worth of 24GHz spectrum across US Enlarge (credit: Getty Images | SOPA Images) AT&T and T-Mobile committed to spend nearly $1.8 billion, combined, on high-frequency spectrum for their 5G networks in a Federal Communications Commission auction that sold airwave licenses covering the whole US. Verizon committed to spend $506 million...
02:51, 2019-06-06

Trump Threatens China With Further $300 Billion Of Tariffs U.S. President Donald Trump threatened to hit China with "at least" another $300 billion of tariffs but said he thought both China and Mexico wanted to make deals in their trade disputes with the......
12:34, 2019-06-06

Salesforce to Buy Analytics Platform Tableau for More Than $15 Billion Salesforce.com agreed to buy data-analytics platform Tableau Software for more than $15 billion in stock, a deal aimed at expanding the business-software firm’s digital offerings beyond customer-relationship management tools....
18:51, 2019-06-10

Frontier Communications to sell some assets for $1.35 billion Telecom service provider Frontier Communications Corp said on Wednesday it would sell its assets in some U.S. states to investment firms WaveDivision Capital LLC and Searchlight Capital Partners LLC for $1.35 billion....
16:34, 2019-05-29

Bids in Germany's 5G auction already top 6 billion euros Germany's auction of frequencies for fifth-generation mobile services, now into its 10th week, has drawn 6 billion euros ($6.7 billion) in bids so far....
21:34, 2019-05-23

Salesforce to buy Tableau Software in $15.3 billion deal Salesforce.com said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company’s history. Tableau shareholders will get 1.103 Salesforce shares, valuing the offer at $177.88 per share, which represents a premium of ...
16:51, 2019-06-10

Trump announces $16 billion in aid for U.S. farmers hit by trade war The package announced at the White House is bigger than last year's $12 billion in emergency aid for farmers and ranchers caught in tariff showdowns....
08:17, 2019-05-24

Salesforce bets on big data with $15.3 billion Tableau buy Salesforce.com Inc agreed on Monday to buy big data firm Tableau Software Inc for $15.3 billion, adding muscle in its fight with Microsoft Corp for a bigger share of the market that helps businesses target customers with tools to analyze and visualize data....
03:51, 2019-06-11

Earth’s water came from a collision 4 billion years ago Water arrived on Earth at exactly the same time that the moon was created over 4 billion years ago, according to a new study. This phenomenon is thought to have happened when an “ancient planet” called Theia smashed into Earth. Planetologists at the University of Münster in Germany have ...
20:01, 2019-05-23

NASCAR is buying International Speedway for $2 billion NEW YORK (AP) — NASCAR is buying International Speedway for $2 billion. The post NASCAR is buying International Speedway for $2 billion appeared first on LEX18.com....
15:51, 2019-05-22

One in a billion: Why Virat Kohli represents a 'new India' In a country where cricket's unifying importance is tantamount to that of religion, the role of leading India into a World Cup comes with a certain divinity -- both an unrivaled privilege and the not insubstantial pressure of carrying the weight of a nation's expectations on your shoulders....
15:17, 2019-05-22

Apple’s $3 billion purchase of Beats has already paid off "Oh Shit, the Forbes list just changed," Tyrese Gibson proclaimed in a 2014 Facebook video. "The first billionaire in hip-hop, right here from the motherfucking West Coast," Dr. Dre chimed in....
19:17, 2019-05-28

Airtel Africa Looks at $1 Billion London Listing Airtel Africa is considering a stock market flotation in London, it said on Tuesday, part of efforts to expand its data and mobile money services across Africa....
14:34, 2019-05-28

Lawmakers pass $11.8 billion Arizona budget PHOENIX (AP) – The Latest on action at the Arizona Legislature as members rush to adjourn for the year (all times local): 9:15 p.m. Arizona has a new $11.8 billion budget after lawmakers overcame tense infighting among Republicans, who hold narrow majorities in the House and Senate. Budget bil...
14:34, 2019-05-29

DowDuPont to take $800 million to $1.3 billion charge in the second quarter DowDuPont said it expects to book an pretax charge of $800 million to $1.3 billion for the April-June quarter, resulting from changes in valuation of assets in the wake of a drop in ethanol prices and weak demand for its biomaterial products....
16:00, 2019-05-29

Billion-year-old fossils may be early fungus Enlarge (credit: Loron, et. al.) When did the first complex multicellular life arise? Most people, being a bit self-centered, would point to the Ediacaran and Cambrian, when the first animal life appeared and then diversified. Yet studies of DNA suggest that fungi may have originated far earlier t...
11:17, 2019-05-23

How China Is Planning to Rank 1.3 Billion People China has a radical plan to influence the behavior of its 1.3 billion people: It wants to grade each of them on aspects of their lives to reflect how good (or bad) a citizen they are. Versions of the so-called social credit system are being tested in a dozen cities with the aim of eventually creatin...
12:51, 2019-06-04

Study finds that a GPS outage would cost $1 billion per day Enlarge / The first of the Air Force's new GPS 3 satellites launches on a SpaceX Falcon 9 rocket in December, 2018. (credit: SpaceX) Since becoming fully operational in 1995, Global Positioning System technology has become widely adopted in the United States and abroad. The concept of satellite-ba...
03:34, 2019-06-15

Infineon to buy Cypress Semiconductors in $10 billion deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German company said on Monday....
10:17, 2019-06-03

German chipmaker Infineon to buy Cypress for $10 billion MADRID (AP) — German chipmaker Infineon is buying U.S.-based Cypress Semiconductor Corp. for more than $10 billion. Infineon will pay $23.85 for each outstanding share of Cypress in the deal, which is expected to close late this year or early in 2020. The companies said the sale price represents a 4...
15:51, 2019-06-03

Uber's First-Quarter Loss Tops $1 Billion The ride-hailing company’s loss topped $1 billion in its first quarterly report as a public company, affirming its continuing challenge of spending heavily to fend off ride-hailing and delivery rivals....
00:51, 2019-05-31

WeWork lost $1.9 billion last year, but it's considering going public The We Company, parent company of WeWork, is the latest in a string of richly valued start-ups set to go public this year. But though it is valued at $47 billion, it's far from turning a profit. Instead, it's hemorrhaging cash....
17:17, 2019-05-21

Cboe FX Reports Record ADV of $42.6 Billion in January NEW YORK and LONDON – 5 February 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced its foreign exchange (FX) market, Cboe FX, reported record spot average daily volume (ADV) of $42.6 billion in January, surpassing its...
18:17, 2019-05-21

Mozambique seeks $3.2 billion to recover from cyclones JOHANNESBURG (AP) — Mozambique says it needs $3.2 billion to recover from a pair of tropical cyclones that ripped into the southern African nation this year and killed more than 600 people. That’s according to a government assessment for a global pledging conference that begins Friday. Some ai...
13:51, 2019-05-30

Shell Avoids Hard Promises on That $125 Billion Investment and debt-reduction demands will persist, and the need for M&A can’t be ruled out. Investors should be grateful for the dividend they’ve got....
22:00, 2019-06-04

Bats Welcomes New J.P. Morgan Asset Management Fund to the Bats ETF Marketplace KANSAS CITY and NEW YORK – May 19, 2017 – Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded product (ETP) trading globally, today welcomed a new J.P. Morgan Asset Management fund to the Bats ETF Marketplace....
21:34, 2019-05-21

Bats Welcomes New J.P. Morgan Asset Management Fund to Bats ETF Marketplace KANSAS CITY and NEW YORK – April 7, 2017 Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded fund (ETF) trading globally, today welcomed a new J.P. Morgan Asset Management fund to the Bats ETF Marketplace....
21:34, 2019-05-21

'Trust fund baby' tells of nightmare after victory in £1.3m home fight A "trust fund baby" who faced losing her £1.3 million London home after her father's business empire collapsed has won a four-year battle to keep hold of the property....
14:17, 2019-06-07

Cboe Global Markets Awarded Most Innovative Exchange Technology at 2018 Fund Technology and WSL Awards CHICAGO – February 9, 2018 - Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, announced today the company was awarded “Most Innovative Exchange Technology” at the 2018 Fund Technology and WSL Awards in New York City on Wednesday night....
18:17, 2019-05-21

Arsenal coach who called young official a 'little p****' should pay fine to referee fund, say charity A referees' charity today demanded an overhaul of football's disciplinary procedures after an Arsenal academy coach was fined and banned for calling a teenage female referee a "little p****"....
16:00, 2019-06-14

Digital Colony raises $4.05 bln for digital infrastructure fund -sources Digital Colony, a private equity firm backed by U.S. real estate investor Thomas Barrack, has raised $4.05 billion to invest in digital infrastructure, seeking to capitalize on new technologies such as 5G wireless networks and the Internet of Things (IoT), according to people familiar with the matte...
08:17, 2019-06-05

Bats Welcomes New Alpha Architect Fund to Bats ETF Marketplace KANSAS CITY and NEW YORK – May 3, 2017 – Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded fund (ETF) trading globally, today welcomed a fifth Alpha Architect fund to the Bats ETF Marketplace....
21:34, 2019-05-21

Bats Welcomes New Amplify ETFs Fund to the Bats ETF Marketplace KANSAS CITY and NEW YORK – June 1, 2017 – Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded product (ETP) trading globally, today welcomed a new Amplify ETFs fund to the Bats ETF Marketplace....
21:34, 2019-05-21

Bats Welcomes WisdomTree U.S. Multifactor Fund to Bats ETF Marketplace KANSAS CITY and NEW YORK – June 29, 2017 – Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded products (ETP) trading globally, Thursday will welcome the WisdomTree U.S. Multifactor Fund to the Bats ETF Marketplace....
21:34, 2019-05-21

Google appeals $1.7 billion EU fine over restrictive ad contracts As was expected, Google is appealing a €1.49 billion ($1.7 billion) fine laid against it by the European Commission related to its AdSense advertising business. Antitrust officials found that, in contracts with major sites between 2006 and 2016,......
21:34, 2019-06-05

U.S. farmers to receive $14.5 billion in direct trade aid payments The U.S. Department of Agriculture said on Thursday that farmers will receive $14.5 billion in direct payments as part of a $16 billion aid package designed to offset the financial pain from trade disputes with China and other nations....
19:00, 2019-05-23

Blackstone Strikes $18.7 Billion Deal for U.S. Warehouse Network Blackstone Group is buying a network of U.S. industrial warehouses from Singapore-based GLP for $18.7 billion, in the largest private real-estate transaction ever and a big bet on the continued explosion of e-commerce....
14:17, 2019-06-03

Mega Millions Jackpot Goes Up To Nearly Half A Billion Dollars (CNN/LEX 18) – If you’re feeling lucky now would be a good time to buy a lottery ticket. The Mega Millions jackpot has grown to nearly half of billion dollars. The winning numbers on Friday night were 7, 8, 26, 65 and 67, plus the gold Mega Ball 4 — and no ticket matched all of the...
03:01, 2019-06-02

Infineon digs deep to buy Cypress in $10 billion deal Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt, sending shares in the German company sharply lower on concerns over the cost....
14:51, 2019-06-03

Roche's $4.3 billion Spark bid delayed again amid U.S., UK scrutiny Swiss drugmaker Roche's $4.3 billion takeover of U.S. gene therapy specialist Spark Therapeutics has been pushed back again, possibly beyond the first half, as regulators continue to scrutinize the deal for its effect on competition....
11:00, 2019-06-10

Alibaba mulls second listing to raise $20 billion: Bloomberg Alibaba Group Holding Ltd is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday, citing unnamed people with knowledge of the matter....
21:34, 2019-05-27

The U.S. Army Once Kept $1 Billion Worth of LSD in a Maryland Office for Some Reason James Ketchum, an Army psychiatrist who conducted controversial drug experiments on members of the U.S. military, died last month, on May 27, at the age of 87. And while Ketchum’s legacy is filled with plenty of weird and horrifying tales, there’s one story that should get more attention in the wake...
21:51, 2019-06-07

Facebook removed 3 billion fake accounts in just 6 months Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. Nearly all of them were caught before they had a chance to become “active” users of the social network. In a new report, Facebook said it saw a “steep increa...
00:51, 2019-05-24

The new front in Trump's trade war could cost consumers at least $93 billion Based on 2018 trade numbers, it would equate to a tax on U.S. consumers that would start at $18.6 billion and escalate to about $93 billion. Those figures, while a baseline from which to measure, don't take into account all the impact....
17:34, 2019-05-31

UK tech created 13 'billion dollar' startups in 2018 The UK technology sector produced 13 "unicorn" companies - firms privately valued at more than $1bn (£784 million) - over the past year, taking its overall total to 72....
14:34, 2019-06-10

Salesforce to buy big data firm Tableau Software for $15.3 billion Salesforce.com Inc said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company's history....
14:00, 2019-06-10

TransferWise valued at $3.5 billion after $292 million secondary funding Peer-to-peer money transfer service TransferWise has announced that it is now valued at $3.5 billion, after pursuing a $292 million secondary funding.Read More...
14:51, 2019-05-22

Bayer to invest $5.6 billion in weedkiller research to help reputation Germany's Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, saying it would invest 5 billion euros ($5.6 billion) in weedkiller research....
14:51, 2019-06-14

Trump to decide on $300 billion China tariffs after G20 meeting U.S. President Donald Trump said on Thursday he would decide whether to carry out his threat to hit Beijing with tariffs on at least $300 billion in Chinese goods after a meeting of leaders of the world's largest economies late this month....
10:34, 2019-06-07

The Swiss Surfer Behind $2 Billion Payments Startup Checkout.com Guillaume Pousaz has built a payments firm he acquired in 2009 into a highly valued transaction processor for fast-growing internet companies that is now expanding in the U.S. and moving into other financial services....
13:17, 2019-05-25

German chipmaker Infineon to buy US rival Cypress for €9 billion Infineon, Germany's largest chip manufacturer, is on the verge of making its biggest-ever acquisition. The move comes amid a slump in the chip industry and a dip in the chipmaker's share price....
13:34, 2019-06-03

UK’s Johnson threatens to withhold $50 billion Brexit payment Boris Johnson, the leading candidate to succeed Theresa May as Britain's next prime minister, said he would withhold a previously agreed 39 billion pound ($50 billion) Brexit payment until the European Union gives Britain better exit terms....
05:34, 2019-06-09

NASA reminds everyone it still needs another $30 billion for Trump’s Moon mission So, NASA wants to go back to the Moon. It’s wanted to do it for a while now and has been slowly piecing together how such a trip might happen, but that was before the current administration ordered NASA to get boots on the moon by 2024 or else. Now, with a drastically shortened timeline, NASA ...
08:34, 2019-06-15

Trump Administration Rolls Out $16 Billion Farm-Aid Program President Trump rolled out a $16 billion plan to help farmers hit by the trade conflict with China and suggested Huawei Technologies could potentially be a bargaining chip in settling the dispute....
03:34, 2019-05-24

Musk's SpaceX raised over $1 billion in six months: filings Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space....
01:17, 2019-05-25

U.S. lawmakers reach $19 billion deal on disaster aid: senators U.S. House of Representatives and Senate negotiators have reached a deal on a $19.1 billion disaster aid bill that has President Donald Trump's support, lawmakers from both parties said on Thursday....
20:51, 2019-05-23

Raytheon Is United Technologies’ $50 Billion Finishing Touch For United Technologies, a merger with the defense giant will replenish revenue it’s losing in a breakup and mark the capstone of a dramatic makeover....
00:51, 2019-06-10

In 6 Months, Facebook Removes Over 3 Billion Fake Accounts (SAN FRANCISCO) — Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. Nearly all of them were caught before they had a chance to become “active” users of the social network. In a new report, ...
21:17, 2019-05-23

Cboe Periodic Auctions Hits First €1 Billion Day on 24 April LONDON – 25 April 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today reported that Cboe Europe’s Periodic Auctions book set a new one-day record of €1.08 billion notional value traded yesterday, surpassing the €1 billion thresho...
14:32, 2019-05-21

United Technologies, Raytheon merging into $120 billion firm United Technologies agreed on Sunday to combine its aerospace business with US contractor Raytheon and create a new company worth about $121 billion, in what would be the sector’s biggest ever merger. The deal would reshape the competitive landscape by forming a conglomerate which spans commercial a...
16:51, 2019-06-10

Boeing wins $6.5 billion U.S. defense contract -Pentagon Boeing Co has been awarded a $6.5 billion U.S. defense contract for Joint Direct Attack Munition tail kits, spares, repairs and technical services, the Pentagon said on Friday. (Reporting by Eric Beech; Editing by David Alexander)...
01:00, 2019-06-15

Britain’s Ineos to invest $2 billion in Saudi plants MADRID (AP) — British petrochemicals maker Ineos is investing $2 billion to build three plants in Saudi Arabia, as western companies appear to be shedding their reluctance to do business with the kingdom following the killing of Washington Post columnist Jamal Khashoggi by Saudi agents in Turkey las...
12:00, 2019-06-03

Man Who Lost $35 Billion In One Year Has Some Advice For Elon Musk Walking down a busy street in Rio de Janeiro one recent afternoon, we bumped into the Brazilian who is best known for losing $35 billion in a single year. After initially trying to deflect questions,......
02:00, 2019-06-02

Facebook removes 3 billion fake accounts over six months Facebook removed more than 3 billion fake accounts over a six-month span, far outpacing previous efforts by the company in striking fraudulent accounts from the platform, the tech giant said Thursday....
08:51, 2019-05-25

U.S. Senate passes $19.1 billion in disaster relief, no border aid The U.S. Senate on Thursday approved $19.1 billion in aid to help Americans rebound from a string of natural disasters, and President Donald Trump supported it even though it did not include the funds he requested to address a migrant surge at the southern U.S. border....
01:51, 2019-05-24

Disaster aid bill worth $19.1 billion blocked again in House The U.S. House of Representatives on Tuesday failed again to pass a $19.1 billion disaster aid bill supported by President Donald Trump after a Republican lawmaker objected to the measure....
23:00, 2019-05-28

Hong Kong looks to raise up to $1 billion in green bonds Hong Kong is looking to raise between $500 million and $1 billion in five-year green bonds as the former British colony looks to establish itself as a center for green finance....
23:51, 2019-05-21

Monsanto ordered to pay US$2 billion in latest Roundup blow Jury in California orders Bayer-owned Monsanto to pay more than US$2 billion in damages to a couple that sued on grounds the product caused their cancer....
21:17, 2019-05-21

Google to buy data analytics firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian....
16:51, 2019-06-06

Trump threatens China with tariffs on a further $300 billion of goods U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States....
10:51, 2019-06-06

Bayer to invest 5 billion euros in weedkiller research Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it would invest 5 billion euros ($5.64 billion) in weedkiller research....
09:34, 2019-06-14

Trump threatens China with tariffs on further $300 billion of goods U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States....
12:17, 2019-06-06

Google to buy analytics software firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian....
02:00, 2019-06-07

California lawmakers poised to approve $214.8 billion budget SACRAMENTO, Calif. (AP) — California lawmakers are poised to approve a framework for a $214.8 billion budget that seeks to address a teacher shortage and bolster the state’s top firefighting agency following the most devastating wildfire season in state history. State law requires lawmakers to...
08:00, 2019-06-13

Monthly US trade deficit rises slightly to $72.1 billion The U.S. Census Bureau reported Thursday that the international trade deficit in goods rose to $72.1 billion in April, up a marginal 0.3% from March's level of $71.9 billion according to an "advance look" at the data. The shift was due to exports dropping at a faster rate than imports....
01:34, 2019-05-31

Airtel Africa Plans London IPO To Cut $16 Billion Debt In February, Airtel unveiled plans to raise as much as Rs 32,000 crore for a war chest to take on Jio as well as to prepare for an impending 5G airwaves auction....
08:17, 2019-05-29

Huawei asks Verizon to pay over $1 billion for over 230 patents: source Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion, a person briefed on the matter said on Wednesday....
07:00, 2019-06-13

Donors pledge $1.2 billion to rebuild Mozambique after cyclones: U.N. International donors pledged to contribute $1.2 billion to help rebuild areas and infrastructure destroyed by cyclones Kenneth and Idai in Mozambique, according to the United Nations, less than half the amount the government says is needed....
21:51, 2019-06-02

Cboe LIS Hits New Milestone of €20 Billion Traded Since Launch LONDON – 3 January 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today reported that Cboe Europe Equities traded more than €20 billion in notional value on Cboe LIS, its European large-in-scale block trading platform powere...
18:17, 2019-05-21

Loss of the UK’s ash trees due to fungal disease may cost £15 billion Ash dieback, a fungal disease in the UK’s ash trees, could cost the country nearly £15 billion in clean-up and lost ecosystem benefits like carbon sequestration...
08:17, 2019-05-22

Volkswagen to invest up to 4 billion euros in digital transformation Volkswagen will invest up to 4 billion euros over the years to 2023 to digitalize its administration and production, the German carmaker said on Wednesday, adding that up to 4,000 jobs in non-production units could be cut....
12:34, 2019-06-05

Bayer says to invest 5 billion euros in new weed killers Bayer said it would invest 5 billion euros ($5.6 billion) in developing new weedkillers and reducing its environmental impact by 30% by 2030, as it seeks to address the fallout from U.S. class-action litigation over glyphosate....
08:51, 2019-06-14

Colorado passes $1 billion in marijuana state revenue Colorado just reached $1 billion in total marijuana state revenue. Total marijuana sales have surpassed $6.5 billion since the state legalized cannabis in 2014....
23:17, 2019-06-12

New Zealand Unveils New "Wellbeing" Budget With $2.5 Billion Spending New Zealand on Thursday unveiled a $2.5-billion-dollar spending package under its 'wellbeing' budget, prioritising mental health and alleviating child poverty, as it rolled out a new approach to......
08:51, 2019-05-30

Flipkart founder: How I sold my business to Walmart for $16 billion Binny Bansal, co-founder of Indian e-commerce giant Flipkart, says there are three traits that led to the business landing a record-breaking sale to retail giant Walmart....
18:34, 2019-05-21

WeWork looking for $2.75 billion credit line ahead of IPO: Bloomberg Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter....
03:51, 2019-05-30

Huawei reportedly asks Verizon to pay more than $1 billion for over 230 patents Huawei has told Verizon that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion....
16:51, 2019-06-13

Here’s how much Binance paid to move $1.26 billion worth of Bitcoin Cryptocurrency exchange Binance moved a gut-wrenching $1.26 billion worth of Bitcoin today – and it paid just $124.60 in network fees for the service. The epic transfer was signaled by Binance CEO Changpang Zhao earlier this morning in a tweet. We will be moving some funds between our cold wallets. ...
16:51, 2019-05-29

Bats Welcomes Second Principal Fund to the Bats ETF Marketplace KANSAS CITY and NEW YORK – July 11, 2017 – Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded product (ETP) trading globally, today welcomed a second Principal fund to the Bats ETF Marketplace....
21:34, 2019-05-21

Bats Welcomes New WisdomTree Fund to the Bats ETF Marketplace KANSAS CITY and NEW YORK – May 18, 2017 – Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded product (ETP) trading globally, today welcomed a new WisdomTree fund to the Bats ETF Marketplace, the 19th fund to be listed with exchange....
21:34, 2019-05-21

Bats Welcomes New Global X Fund to the Bats ETF Marketplace CHICAGO, KANSAS CITY and NEW YORK – September 13, 2017 – Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded product (ETP) trading globally, today welcomed a new Global X fund to the Bats ETF Marketplace, with the launch of one fund....
18:17, 2019-05-21

Bats Welcomes New iShares Fund to Bats ETF Marketplace KANSAS CITY and NEW YORK – April 27, 2017 – Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded fund (ETF) trading globally, today welcomed a new iShares fund to the Bats ETF Marketplace....
21:34, 2019-05-21

Bats Welcomes New Cambria Fund to the Bats ETF Marketplace KANSAS CITY and NEW YORK – April 6, 2017 – Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded fund (ETF) trading globally, today welcomed a new Cambria fund to the Bats ETF Marketplace....
21:34, 2019-05-21

Volkswagen aims to raise 1.9 billion euros from truck unit IPO Volkswagen said on Friday that it aims to raise up to 1.9 billion euros ($2.1 billion) by floating a stake of at least 10% in its Traton trucks unit later this month, its second attempt to bring the business to market....
08:51, 2019-06-14

Colony Capital Aims to Invest $5 Billion in Latin America Investment-management firm Colony Capital said its newly acquired business in Latin America seeks to invest $5 billion in the region in coming years, much of it in Mexico....
22:17, 2019-05-22

A Russian Billionaire's $1.3 Billion Bet on New York's Iconic Crown Building Vladislav Doronin says three penthouses at his Aman-branded project have sold for more than $325 million, despite a sluggish market and an oversupply of luxury condos....
03:00, 2019-06-14