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.…
Brazil, Mexico, India in good position to attract capital, says Haddad
SAO PAULO (Reuters) – Brazil, Mexico and India are some of the countries currently standing in a good position to attract investments, Brazilian Finance Minister Fernando Haddad said on Monday, touting a…
US venture firm GGV Capital to separate China business
By Kane Wu and Roxanne Liu (Reuters) -U.S. venture capital firm GGV Capital said on Thursday it plans to split its business into two, with one focused on Asia and the other…
Peru declares state of emergency in parts of capital after crime spike
LIMA (Reuters) – Peruvian President Dina Boluarte said on Monday her government has declared a state of emergency in three districts hit by a spike in crime, a measure that allows the…
Activist investor Politan Capital increases ownership in Azenta -filing
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investor Politan Capital Management said on Thursday that it has economic exposure to 4.5 million shares or 7.5% of biotechnology company Azenta Inc, according…
Sudan paramilitary threatens to set up authority with Khartoum as capital
CAIRO (Reuters) – The head of Sudan’s main paramilitary group threatened on Thursday to set up a governing authority in areas his forces control if his enemies in the army form a…
Sleep Number investor Stadium Capital pushes for board shakeup -letter
By Svea Herbst-Bayliss NEW YORK (Reuters) -Investment firm Stadium Capital Management wants to shake up the board of bed and mattress maker Sleep Number Corp following more than a decade of poor…
AirAsia’s operations to return to pre-pandemic level by Dec, says Capital A CEO
SINGAPORE (Reuters) -Capital A Berhad, parent of Malaysian budget airline AirAsia, expects to see the carrier’s operations returning to pre-pandemic levels by December, Capital A CEO Tony Fernandes told Reuters on Monday.…
Mexican president says operations at capital airport ‘very risky’
MEXICO CITY (Reuters) – Operations at Mexico City’s principal airport are “very risky,” President Andres Manuel Lopez Obrador said on Friday. The Mexico City International Airport (AICM) is operating at 150% of…
Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans
NEW YORK (Reuters) – Digital Currency Group was sued on Wednesday by its bankrupt Genesis Global Capital cryptocurrency lending unit, as both sides negotiate DCG’s repayment on more than $610 million of…
Boeing, Aviation Capital Group finalize order for 13 737 MAX jets
(Reuters) – Boeing and aircraft leasing firm Aviation Capital Group on Tuesday finalized an order for 13 737 MAX jets, the companies said in a statement. The order, which increases Aviation Capital’s…
Wells Fargo hires Ford from Credit Suisse as head of equity capital markets
NEW YORK (Reuters) – Wells Fargo hired former Credit Suisse banker Jill Ford as its head of equity capital markets, the bank said in a statement. Ford is based in New York and…
Sculptor Capital says unsolicited bids received do not constitute a superior proposal
(Reuters) – Hedge fund firm Sculptor Capital Management said on Wednesday the revised unsolicited proposals it had received from a consortium of bidders led by the founder of “Bidder J” does not…
Republic First Bancorp in preliminary talks with shareholders to raise capital
(Reuters) – Republic First Bancorp is in talks with a group led by activist investor George Norcross regarding an equity investment and a broader capital raise, according to a regulatory filing on…
Argentina’s capital controls are an ‘instrument of torture,’ Bullrich says
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s leading conservative presidential candidate Patricia Bullrich said on Thursday that the country’s strict capital controls were an “instrument of torture” that she would look…
US core capital goods increased modestly in July
By Safiyah Riddle (Reuters) – New orders for key U.S.-manufactured capital goods rose modestly in July, suggesting business spending on equipment could continue to grow after rebounding in the second quarter. Orders…
Tudor, Adage Capital among hedge funds making bets on NYC office space
By David Randall NEW YORK (Reuters) – Basswood Capital, Adage Capital Partners and Paul Tudor Jones’ Tudor Investment Corp were among the hedge funds that took new positions in real estate investment…
Body of Late Lt. Governor to Lie in State at Capital Building
TRENTON, NJ – There will be a public viewing today for the late Lt. Governor Sheila Oliver at the State House in Trenton. On the morning of Thursday, August 10, Lieutenant Governor…
JP Morgan CEO says capital regulations are disappointing, will curb lending
NEW YORK (Reuters) – JPMorgan CEO Jamie Dimon said on Wednesday bank regulators risk making mortgages and small-business loans less affordable with the capital raises proposed by the Federal Reserve and the…
Conservative activist behind US affirmative action cases sues venture capital fund
By Nate Raymond (Reuters) – A group founded by the conservative activist instrumental in the U.S. Supreme Court’s June decision rejecting affirmative action in collegiate admissions on Wednesday sued an Atlanta-based venture…
Aston Martin to issue $270 million worth of shares to bolster capital
(Reuters) -Luxury carmaker Aston Martin said on Monday it will launch a 210 million pound ($270.04 million) share placing to speed up its aim to reduce net leverage. Shareholders, who are represented…
Inflation in Japan’s capital slows in July, stays above BOJ target
By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) – Core inflation in Japan’s capital slowed in July but remained well above the central bank’s 2% target, data showed on Friday, keeping pressure…
US core capital goods orders unexpectedly rise in June
WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods unexpectedly rose in June, suggesting business spending on equipment could continue to grow after rebounding in the second quarter. Orders for non-defense…
U.S. bank regulators unveil proposal to hike bank capital
WASHINGTON (Reuters) – U.S. bank regulators released a proposal Thursday that would direct the nation’s largest banks to raise their capital, arguing a larger cushion is needed to ensure stability. The proposal,…
Bank of America CEO flags effects of higher capital requirements
By Jonathan Stempel and Tatiana Bautzer NEW YORK (Reuters) -Bank of America CEO Brian Moynihan said U.S. authorities need to be careful when implementing new capital requirements of the Basel III accord…
US banks may take up to 4 years to set aside profits for new capital rules
By Tatiana Bautzer and Pete Schroeder NEW YORK (Reuters) – U.S. banking giants may take up to four years to set aside profits to meet new capital rules, according to a report…
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