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.…
Inflation in Japan’s capital keeps slowing, takes pressure off BOJ
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Core inflation in Japan’s capital slowed for the second straight month in December as cost-push price pressures continued to ease, data showed on…
Fuel maker XCF Global Capital to go public in $1.75-billion SPAC deal
(Reuters) – XCF Global Capital has agreed to go public via a merger with special purpose acquisition company (SPAC) Focus Impact BH3 Acquisition, in a deal that values the sustainable fuels producer…
Heads of EU issue joint call for stronger euro, capital markets union
BERLIN (Reuters) – The heads of European Union institutions called for a strengthened euro and progress towards a capital markets union in a joint appeal that was published by Germany’s Funke Media…
Air China plans up to $842 million share placement to buy planes, boost capital
HONG KONG (Reuters) – Air China plans to raise up to 6.0 billion yuan ($842 million) in a private share sale on the Shanghai Stock Exchange to expand its fleet and replenish…
Bronx Man Pleads Guilty to Bank Fraud and Aggravated Identity Theft in Capital Region
ALBANY, NEW YORK — Antonio Vargas, a 58-year-old resident of the Bronx, New York, has pleaded guilty to charges of bank fraud and aggravated identity theft. United States Attorney Carla B. Freedman…
Texas Man Charged with Capital Murder of Mother and Grandmother
TEXAS — Louis Lamar Simpson, Jr., 26, has been charged with two counts of capital murder in the deaths of his mother, Tina McGruder, 53, and grandmother, Deanne McGruder, 75. The incident…
Swiss capital Bern considers legal cocaine project
By John Revill ZURICH (Reuters) – Switzerland’s capital is examining a pilot scheme to allow the sale of cocaine for recreational use – a radical approach to the war on drugs that…
As golden age for private capital ends, 2024 heralds more consolidation
By Andres Gonzalez and Pablo Mayo Cerqueiro LONDON (Reuters) – The last 12 months have been some of the most challenging in the buyout industry’s recent history, as private capital fundraising fell…
AREX Capital urges Office Depot owner ODP to split off units
By Svea Herbst-Bayliss NEW YORK (Reuters) – AREX Capital is urging office supply company ODP Corp. to separate its brick and mortar retail unit and sell its procurement platform Varis, arguing that…
Suspect Identified in Theft at Macy’s in Capital City Mall
LOWER ALLEN TOWNSHIP, PA – On March 23rd, the Lower Allen Township Police were dispatched to Macy’s in the Capital City Mall for a reported theft that occurred the previous evening at…
Activist Engaged Capital takes stake in debt collector PRA -sources
By David French NEW YORK (Reuters) – Engaged Capital has built a more than 5% stake in PRA Group and is pushing the debt collection company to improve its operations, cut costs…
Renault capital hit from partial Nissan stake sale lower than initial estimate
PARIS (Reuters) – The capital loss resulting from Renault’s disposal of a first chunk of its stake in Nissan will amount to around 1 billion euros ($1.08 billion) after the transaction was…
China venture capital, private equity funds rattled by proposed changes
By Samuel Shen and Kane Wu SHANGHAI/HONG KONG (Reuters) -China’s proposal to drastically raise the bar for investing in private equity (PE) and venture capital (VC) funds is facing backlash from industry…
Engine Capital pushes for changes at cancer therapy developer 2seventy bio
(Reuters) -Activist investor Engine Capital on Wednesday sent a letter to the board of cancer therapy developer 2seventy bio, urging a board refresh and the appointment of Chief Operating Officer Chip Baird…
Fisker scales back production to divert cash for working capital
(Reuters) -Electric-vehicle maker Fisker said on Friday it will scale down production this month and produce lesser cars this year than its previous guidance, to prioritize cash for working capital needs. Shares…
National Bank of Canada’s fourth-quarter profit jumps on capital markets strength
(Reuters) – National Bank of Canada reported a rise in fourth-quarter profit on Friday, as a strong performance at its capital markets unit helped offset the hit from bigger provisions. An uncertain…
Irish central bank: EU to adopt broader approach to boost capital market
By Huw Jones LONDON (Reuters) – Private finance has a key role to play in deepening the European Union’s capital market to boost investment, with the bloc’s finance ministers turning to “bottom…
Venture capital firm NXTP to target Brazil, Mexico tech startups with $98 million fund
By Kylie Madry MEXICO CITY (Reuters) – Latin American venture capital firm NXTP has raised $98 million for a fund targeting technology startups largely in Brazil and Mexico, it said on Tuesday.…
EU trailing UK capital market reforms, Frankfurt bourse official says
By Pablo Mayo Cerqueiro LONDON (Reuters) – The EU is falling behind Britain in tapping into savers’ money to boost the stock market, despite reforms in continental Europe being a step in…
Avenue Capital raising new ‘impact’ private credit fund – source
By Carolina Mandl NEW YORK (Reuters) – New York-based Avenue Capital Group plans early next year to launch a new fund to invest in so-called environmental impact private credit investments, according to…
Armed Robbery Near Capital One Arena in Washington D.C.
WASHINGTON D.C. – An armed robbery was reported near Capital One Arena, located at the 600 block of F St. N.W., where a citizen was robbed by two males and a female,…
Fed’s Barr says tougher capital plan would have limited impact on borrowing costs
By Pete Schroeder NEW YORK (Reuters) – The Federal Reserve’s top bank watchdog defended its push to overhaul capital requirements, saying they would have a minimal impact on borrowing costs and make…
Factbox-Italian banks add 4.5 billion euros in capital due to one-off tax
MILAN (Reuters) – Italian financial institutions have opted en masse to forego an extraordinary tax the government imposed on the sector in August, making use of a clause Rome introduced in September…
Capital Product Partners adds 11 new LNG carriers in $3.1 billion deal
(Reuters) – Vessel owner Capital Product Partners said on Monday it has acquired 11 newly built LNG carriers from Capital Maritime for $3.1 billion, opting for more fuel-efficient engine propulsions as part…
Mexico’s ruling party again picks woman to run for mayor of capital
By David Alire Garcia MEXICO CITY (Reuters) – Mexico’s ruling party on Saturday picked veteran politician Clara Brugada to be its candidate for Mexico City mayor, placing her in a strong position…
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