Cove Capital acquires 83-unit build-to-rent community in San Antonio debt-free
Los Angeles, CA – Cove Capital Investments has completed the purchase of an 83-unit build-to-rent residential community in San Antonio, Texas, finalizing its Cove Texas Build-to-Rent 97 Delaware Statutory Trust (DST) offering.…
NNG Capital Fund Launches New Impact Opportunity Fund
CLIFTON, N.J., March 23, 2022 — NNG Capital Fund has announced the opening of their new Impact Opportunity Fund to help investors get ahead of inflation intelligently. New Jersey based private equity fund,…
Kohl’s and Capital One Announce Multi-Year Extension of Credit Card Partnership
Companies Agree to Extend Private Label Credit Card Offering and Explore New Opportunities Together MCLEAN, Va., March 18, 2022 — Kohl’s (NYSE: KSS) and Capital One, National Association, a subsidiary of Capital…
Russian capital control decision was a forced move, cenbank says
– The introduction of capital controls in Russia was a forced decision, the central bank governor Elvira Nabiullina said on Friday, after keeping its key interest rate unchanged at 20%. Nabiullina, who…
ADB to help Indonesia raise funding for new $32 billion capital city
JAKARTA – The Asian Development Bank (ADB) will assist in Indonesia’s planned $32 billion capital city relocation by mobilising financing and assessing the project’s environmental and social impacts, the Manila-based lender said…
With a Two-Year Revenue Growth of over 4200% Percent, Capital Rx Ranks No. 3 on Inc. Magazine’s List of the Northeast Region’s Fastest-Growing Private Companies
Companies on the 2022 Inc. 5000 Regionals Northeast list had an average growth rate of 208% percent. NEW YORK, March 16, 2022 — Inc. magazine revealed that Capital Rx, a healthtech company changing…
China stocks leap after State Council pledges support for economy, capital markets
SHANGHAI – Hong Kong stocks jumped 9% on Wednesday to mark their best day since 2008, after China’s top policymaker assured markets of stability and support and helped put a floor under…
UK retail bank capital rules could ‘ossify’ sector, says review
By Huw Jones LONDON – Rules forcing Britain’s banks to wrap their retail arms with a bespoke cushion of capital should be retained for now, though they could “ossify” the sector in…
Steve Cohen’s Point72 to redeem $750 million from Melvin Capital – Bloomberg News
– Billionaire investor Steve Cohen’s Point72 Asset Management is pulling out the $750 million it invested in Melvin Capital Management, Bloomberg News reported https://bloom.bg/3whzrgL on Saturday. Point72 will soon start redeeming the…
FirstEnergy Contributes $1 Million to Venture Capital Organization to Support Minority Businesses in Northeast Ohio
AKRON, Ohio, March 9, 2022 — To help expand and grow minority-owned businesses in northeast Ohio, FirstEnergy Corp. (NYSE: FE) today announced a $1 million contribution to UBIZ Venture Capital, a small…
BlackRock’s Fink says Russia essentially cut off from global capital markets
– Russia has essentially been cut off from global capital markets as western companies and investors increasingly shun doing business in the country following its invasion of Ukraine, BlackRock Inc CEO Larry…
P&G ending new capital investments, reducing portfolio in Russia
By Jessica DiNapoli NEW YORK -Procter & Gamble Co is ending all new capital investments in Russia and “significantly reducing” its portfolio to focus on basic hygiene, health and personal care items,…
Ottawa police misjudged protesters who besieged Canada’s capital – testimony
By Anna Mehler Paperny TORONTO – A three-week occupation of the center of Canada’s capital last month resulted in part from police underestimating anti-government protesters by assuming they would leave within days,…
Russia central bank increases capital of reinsurance firm specialising in sanctions risk
MOSCOW – Russia’s central bank on Thursday said it was increasing the capital of affiliated reinsurance firm AO RNPK, which specialises in providing protection against international sanctions, to 300 billion roubles ($3.08…
U.S. investment manager Capital Group was among top exposed to Russia -data
By John McCrank and Davide Barbuscia NEW YORK – Capital Group Companies Inc, one of the world’s largest investment management companies, known for its American Funds mutual funds, had billions in exposure…
CEO Of Payment Protection Program Lender MBE Capital Arrested In Connection With Fraudulent Loan And Lender Applications
Damian Williams, the United States Attorney for the Southern District of New York, Thomas Fattorusso, Special Agent-in-Charge of the New York Field Office of the Internal Revenue Service, Criminal Investigation (“IRS-CI”), Amaleka…
TotalEnergies: will no longer provide capital for new projects in Russia
PARIS – TotalEnergies said it will no longer provide capital for new projects in Russia. “TotalEnergies supports the scope and strength of the sanctions put in place by Europe and will implement…
U.S. core capital goods orders, shipments increase solidly in January
WASHINGTON – New orders for U.S.-made capital goods increased more than expected in January, while shipments surged, suggesting an acceleration in business spending on equipment early in the first quarter, though inflation…
Consumer inflation in Japan’s capital perks up, Ukraine crisis to add pressure
By Takahiko Wada and Leika Kihara TOKYO -Consumer inflation in Japan’s capital accelerated in February at the fastest annual pace in more than two years, suggesting that soaring fuel and food costs…
Three Men Indicted in Capital Region Unemployment Insurance Fraud Conspiracy
ALBANY, NEW YORK – Kahleke Taylor, age 21, of Albany; Taquan Parker, age 25, of Snellville, Georgia, and formerly of Albany; and Olajuwon Sutherland, age 26, of Troy, New York, were indicted…
Ocean County will be ground zero for the People’s Convoy to D.C. trucker protest in nation’s capital
NEW EGYPT, NJ – Ocean County will be ground zero for the staging of truckers and protesters headed to Washington, D.C. to protest America’s continue draconian response to the COVID-19 pandemic. That…
Air France-KLM ready to move swiftly with capital increase, Les Echos reports
PARIS – Air France-KLM has gained shareholder approval for its proposed capital increase and is ready to move swiftly, French financial newspaper Les Echos reported on Sunday. The airline had announced on…
U.S. judge rules for Saba Capital in closed-end fund voting litigation
By Svea Herbst-Bayliss BOSTON -A U.S. federal judge ruled that Nuveen and trustees of its closed-end funds violated the Investment Company Act by stripping hedge fund Saba Capital of its full voting…
U.S. authorities sue Infinity Q Capital Management, alleging fraud
By Michelle Price and Katanga Johnson WASHINGTON -U.S. authorities filed criminal and civil charges against the founder and former chief investment officer of investment adviser Infinity Q Capital Management LLC, alleging he…
Bank of America CEO: capital markets business down, but pipelines are full
NEW YORK – Bank of America Chief Executive Officer Brian Moynihan said the bank’s capital markets business “is down” so far in 2022, even as the investment bank continues to see a…
EDF shares retreat on possible capital injection from state
PARIS -Shares in French power utility EDF lost early gains and were down 1.3% after Les Echos reported that the government is leaning towards a more than 2 billion euro ($2.3 billion)…
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