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.…
‘Where is the state?’: Mass looting engulfs Sudanese capital
By Khalid Abdelaziz DUBAI (Reuters) – Mass looting by armed men and civilians is making life an even greater misery for Khartoum residents trapped by fierce fighting between Sudan’s army and paramilitary…
‘Anti-Capitalist’ Cafe Closes Down After A Year Due To A Lack Of Capital
‘Anti-Capitalist’ Cafe Closes Down After A Year Due To A Lack Of Capital Laurel Duggan on May 15, 2023 The Anarchist, a Canadian coffee shop dedicated to fighting capitalism, is going out…
Republic First Bancorp to go slow on fundraise, says it has ‘adequate’ capital
(Reuters) -Republic First Bancorp said on Monday it had “adequate” capital and would wait for market conditions to stabilize before rounding out the $125-million fundraise it had announced in March. The lender…
US Embassy Issues Security Alert After Violent Protests Rock Capital City
US Embassy Issues Security Alert After Violent Protests Rock Capital City Jason Piccolo on May 10, 2023 The U.S. Embassy in Pakistan alerted Americans to remain vigilant after the Pakistani government’s May…
Russia launches new attack on Ukraine’s capital, officials say
By Pavel Polityuk and Gleb Garanich KYIV (Reuters) -Russia launched about 15 cruise missiles at Ukraine’s capital on Tuesday, the second attack in as many days, with air defence systems shooting all…
Singapore’s central bank imposes additional capital requirement on DBS Bank
By Navya Mittal and Yantoultra Ngui (Reuters) -The Monetary Authority of Singapore on Friday imposed additional capital requirement on DBS Bank, the banking arm of the country’s largest lender DBS Group, following…
Exclusive-Bain Capital nearing final close of Asia fund worth $6 billion – sources
By Kane Wu HONG KONG (Reuters) – U.S. private equity firm Bain Capital is nearing the final close of its fifth and biggest Asia-focused fund after having raised around $6 billion from…
Capital One posts worse-than-feared quarterly profit on provisions
(Reuters) – Consumer lender Capital One Financial Corp’s first-quarter profit missed estimates on Thursday due to an increase in provisions that reduced gains from interest rate hikes. The Federal Reserve’s rate hikes…
Venture capital firm Greycroft raises nearly $1 billion across two funds
(Reuters) -Venture capital firm Greycroft has raised over $980 million across two funds to invest in early- and growth-stage companies, the venture capital firm said on Wednesday. The latest fundraise marks the…
Corporate access to capital worsens after bank turmoil, Janus Henderson report
By Chiara Elisei LONDON (Reuters) – Corporates’ access to capital deteriorated after turmoil in the banks sector in March while cash flow and earnings are under increasing pressure from potential recession, asset…
A journey across Sudan’s capital Khartoum, a city transformed by war
By Khalid Abdelaziz KHARTOUM (Reuters) – In the Sudanese capital, charred paramilitary pick-up trucks hit by air strikes litter main streets and weary residents queue for bread in neighbourhoods largely emptied of…
Brazil’s government takes measures to boost consumer and capital market credit
BRASILIA (Reuters) – Brazil’s government announced a package of 13 measures on Thursday to ease consumer access to credit and reduce associated costs in the capital and insurance markets, a move the…
Brazil’s credit package paves the way for capital market the size of the banking market -official
BRASILIA (Reuters) – Brazil’s Secretary of Economic Reforms Marcos Barbosa said on Thursday that the credit package announced by the government aims to strengthen the credit market in the long term, paving…
Fatal Pedestrian Crash on Capital Beltway as Victim Changed Flat Tire
COLLEGE PARK, MD – Maryland State Police are investigating a fatal pedestrian crash that occurred on Friday on the Capital Beltway in College Park, Maryland. The victim, Olumide Stephen, 55, from Washington…
France’s Ynsect to refocus bug business after capital increase
By Sybille de La Hamaide PARIS (Reuters) – French insect-based ingredients maker Ynsect will refocus its strategy on high-margin markets like pet food, shut a production plant and cut jobs after raising…
Tesla sets up new-energy firm in Shanghai with $2 million registered capital -Tianyancha
BEIJING (Reuters) – Tesla Inc has set up a new-energy company in Shanghai with registered capital of $2 million, according to Tianyancha, a company information data provider. (Reporting by Beijing newsroom; Editing…
Gun Violence Erupts In Nations Capital, Four Shot
WASHINGTON, D.C. – The Washington, D.C. Metro Police Department is investigating the shooting of four men Sunday afternoon in Southeast, D.C. Police are asking for help identifying the suspect’s vehicle. Shortly before…
AMC slumps as lawsuit settlement opens door to capital raise
(Reuters) – AMC Entertainment Holdings Inc’s shares fell 19% on Tuesday and preferred shares rose 14% after a lawsuit settlement brought the company a step closer to its plan to convert APE…
Tornado pummels central Arkansas, killing at least 2, injuring dozens
By Steve Gorman and Daniel Trotta (Reuters) -A fierce tornado blasted through Little Rock, Arkansas, and neighboring towns on Friday, killing at least two people and injuring dozens as it sheared roofs…
Man Arrested for Assaulting Juvenile at Capital City Mall
LOWER ALLEN TOWNSHIP, PA – On Friday, Juan Arvelo was arrested after an arrest warrant was issued for his involvement in a violent assault at the Capital City Mall on February 13.…
Peru may tap capital markets this year to better manage debt
LIMA (Reuters) – Peru’s government expressed qualified interest in tapping the international bond market later this year in a bid to better manage liabilities, Economy Minister Alex Contreras said on Friday. The…
CEO of PPP Lender MBE Capital Pleads Guilty to Fraudulent Loan and Lender Applications
NEW YORK – Rafael Martinez, CEO of MBE Capital Partners, pled guilty today to conspiring to commit wire fraud in connection with loan and lender applications submitted through the Paycheck Protection Program…
Colombia pension reform would impact capital markets, private funds say
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s private pension funds association said on Thursday a reform proposed by the leftist government of President Gustavo Petro is unsustainable and would have a significant…
China capital Beijing experiences first population decline since 2003
BEIJING (Reuters) -The death rate in China’s capital Beijing surpassed its birth rate in 2022, official data showed on Tuesday, pushing its natural population growth into negative territory for the first time…
Asia banks may face difficulty bolstering capital via AT1s – Citi
HONG KONG (Reuters) – Asian lenders may find it difficult to replenish their capital by issuing Additional Tier-1 (AT1) bonds, Citigroup said in a research note on Wednesday, after the Swiss authorities’…
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