Carlyle raises $4.6 billion for second credit fund
(Corrects to show size of inaugural fund $2.4 billion (not $2.7 billion), paragraph 3) By Chibuike Oguh (Reuters) -Carlyle Group Inc said on Wednesday it has raised $4.6 billion for…
(Corrects to show size of inaugural fund $2.4 billion (not $2.7 billion), paragraph 3) By Chibuike Oguh (Reuters) -Carlyle Group Inc said on Wednesday it has raised $4.6 billion for…
(Fixes typographical error in “its”, paragraph 1) JERUSALEM – Israeli foodmaker Strauss Group on Wednesday warned that its 2022 results could be further hurt by manufacturing delays at its Sabra…
TAIPEI – Taiwan’s government said on Wednesday it was tightening export curbs to Russia as part of sanctions on the country for its invasion of Ukraine, detailing rules to prevent…
(Reuters) -U.S. chipmaker Intel Corp said on Tuesday it has suspended business operations in Russia, joining a slew of companies to exit the country following its invasion of Ukraine. The…
By Howard Schneider WASHINGTON – U.S. Federal Reserve officials on Wednesday will release more details on what’s evolving as a three-year plan to trim several trillion dollars from the stash…
FRANKFURT -Growth rates in the euro zone could dip into negative territory this year and European Central Bank policy tightening to bring down high inflation in the near term risks…
(Company corrects to say “climate positive” rather than “carbon neutral” in 3rd paragraph) By Anna Ringstrom STOCKHOLM -Ingka Group, the owner of most IKEA stores worldwide, has bought nine solar…
MADRID -Luis Gallego, the chief executive of British Airways’ parent IAG, said on Wednesday a deal over the protracted acquisition of Spanish low-cost airline Air Europa may take at least…
By Brenna Hughes Neghaiwi ZURICH – UBS shareholders on Wednesday approved the bank’s climate roadmap, after its first-ever such vote faced pushback from several investors and climate campaigners as not…
(This April 5 story removes reference to investment by venture capital firm M13 in paragraph 1 after the company clarifies) By Lisa Pauline Mattackal (Reuters) – Ethereum blockchain scaling platform…
NEW DELHI – India’s VerSe Innovation has raised $805 million in a funding round led by Canada’s top pension fund, putting a $5 billion valuation on the Google-backed parent of…
By Aditya Kalra and Abhirup Roy NEW DELHI – India’s antitrust body is investigating the trustee units of State Bank of India, Axis Bank and IDBI Bank for suspected collusion…
LONDON – HSBC said on Wednesday it had increased its stake in its China securities brokerage, through a deal to buy equity from its state-owned partner Qianhai Financial Holdings. The…
A look at the day ahead in markets from Sujata Rao Treasury markets are in full-fledged selloff mode ahead of minutes from the Federal Reserve’s March meeting. With a half-point…
BENGALURU -Indian digital payments firm Paytm said on Wednesday it is aiming to be operationally profitable by September next year, seeking to allay doubts about its business model that has…
By Mike Dolan LONDON – The race is on to declare a paradigm shift in the world economy toward higher inflation and interest rates and the jolt to public borrowing…
BERLIN – German carmaker Volkswagen will axe many combustion engine models by the end of the decade and sell fewer cars overall to concentrate on producing more profitable premium vehicles,…
BERLIN – Germany’s Bundesbank is worried about banks lending to overextended buyers in an overheated property market and reserves the right to impose additional curbs, board director Joachim Wuermeling was…
ZURICH – Armed with a banking licence from the Swiss Financial Market Supervisory Authority, digital wealth manager Alpian plans to launch in Switzerland in the third quarter of 2022, the…
(Corrects paragraph 7 to clarify sub-index remained below 50.0 but did not decline.) BEIJING – Activity in China’s services sector contracted at the sharpest pace in two years in March…
By Noel Randewich (Reuters) – U.S. stock buybacks appear to be hitting new records as companies head into quarterly earnings season, even as some investors worry about the growing threat…
By Wayne Cole SYDNEY – Most of Australia’s major banks now expect a rise in interest rates as early as June, though opinions on the pace of tightening and the…
By Asha Sistla (Reuters) – Gold prices were flat on Wednesday as hawkish comments from U.S. Federal Reserve officials bolstered the dollar and Treasury yields to multi-year highs, denting bullion’s…
HONG KONG – Cash-strapped Kaisa Group entered into a strategic co-operation agreement with state-owned China Merchants Shekou Industrial Zone Holdings and China Great Wall Asset Management on joint venture arrangements…
MANILA – Growth in developing Asia will likely be slower this year than previously thought, the Asian Development Bank said on Wednesday, as the war in Ukraine is expected to…