PacWest Sells $3.5 Billion Asset-Backed Loan Pool to Ares
PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp., offloading more assets to boost
2023-06-26 20:28
Ares acquires $3.5 billion loan portfolio from PacWest
Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from
2023-06-26 18:52
Kenya-EU trade deal: Why the East African Community was left out
Kenya felt it was best to sign a bilateral trade deal, despite claims that it undermined regional unity.
2023-06-23 09:51
Sylvester daCunha: Tributes for creator of India's iconic Amul girl ad
Indian advertising legend Sylvester daCunha has died, leaving a rich legacy behind.
2023-06-22 13:19
Canada Bread agrees to pay C$50m for role in price-fixing scheme
Canada Bread pleaded guilty to a role in a scheme to inflate the price of the food staple in Canada.
2023-06-22 08:58
Nikola founder urges vote against critical share proposal
By Abhirup Roy SAN FRANCISCO Nikola's top shareholder and founder, Trevor Milton, on Thursday urged investors to vote
2023-06-16 11:26
iPhone maker Foxconn to switch to cars as US-China tensions soar
The firm, which makes over half of the world’s Apple products, is looking for its next big growth driver.
2023-06-16 05:52
Exclusive - EU antitrust regulators to okay Broadcom, VMware deal, sources says
BRUSSELS EU antitrust regulators are set to approve with conditions U.S. chipmaker Broadcom's $61 billion proposed acquisition of
2023-06-12 17:27
Nikola adjourns meeting to garner more support for share proposal
SAN FRANCISCO Nikola adjourned its shareholder meeting on Wednesday after failing to garner enough support for a proposal
2023-06-08 05:20
Ireland 'needs influx of construction workers'
An economic watchdog warns "significant immigration" of construction workers could be needed to address a housing shortage in the Republic of Ireland.
2023-06-07 19:21
General Electric to sell over $2 billion stake in GE HealthCare
General Electric Co is offering 25 million of common stock, or over a $2 billion stake, in GE
2023-06-06 04:51
Stellantis CEO is pursuing best results for group - Italy economy minister
MILAN Italy's economy minister suggested on Monday that Rome's government had no need to directly invest in Stellantis
2023-06-05 22:22