Ethiopia’s state telecom launches 5G services in capital
By Dawit Endeshaw ADDIS ABABA – State-owned operator Ethio Telecom launched a 5G mobile phone service on Monday in a key step ahead of competition from …
Capital
Lordstown Motors signals need for more capital to boost production, shares drop
(Reuters) – Electric vehicle startup Lordstown Motors Corp said on Monday it needed $150 million in addition to the proceeds from its sale of assets …
Capital One Announces Quarterly Dividend
Company also declares preferred stock dividend MCLEAN, Va., May 5, 2022 — Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.60 …
Italy sets aside more money to boost capital at Monte dei Paschi – sources
By Giuseppe Fonte ROME – Italy is beefing up a 1.5-billion-euro ($1.6 billion) money pot destined for state-owned bank Monte dei Paschi di Siena (MPS), …
MARGS, THE AWARD-WINNING, READY-TO-DRINK, CANNED MARGARITA ANNOUNCES $3M INVESTMENT FROM LAB CAPITAL ADVISORS
NEW YORK, May 4, 2022 — MARGS, the ready-to-drink, bold and refreshing canned margarita, which launched last year, has just announced that Lab Capital Advisors is …
‘We Put A Price On Woke Capital’: Christopher Rufo Explains Game Plan For Fighting Radical Corporations
‘We Put A Price On Woke Capital’: Christopher Rufo Explains Game Plan For Fighting Radical Corporations Laurel Duggan on May 3, 2022 Manhattan Institute senior …
U.S. Marshals Offers Rewards up to $10,000 for Escapee Wanted for Capital Murder and Endangered Correctional Officer
Birmingham, AL – The U.S. Marshals Service is offering up to $10,000 for information leading to the capture of an escaped inmate from Lauderdale County …
Sanctuary Wealth Continues to Expand NY Metro Footprint with Addition of Questar Capital
Veteran team with $850 million AUM joins from UBS INDIANAPOLIS, April 29, 2022 — Sanctuary Wealth, home to the next generation of elite advisors, continues …
China’s Xi vows stronger antimonopoly efforts, healthy capital market
BEIJING -Chinese President Xi Jinping said the nation should strengthen its antimonopoly efforts and prevent a disorderly expansion of capital, the official Xinhua news agency …
Yellen urges development banks to mobilize private capital for G7 infrastructure push
By Andrea Shalal WASHINGTON – U.S. Treasury Secretary Janet Yellen urged the World Bank and other multilateral development lenders to accelerate infrastructure investments in emerging …
Analysis-Globalised yuan complicates Beijing’s bid to stem capital flight
By Samuel Shen and Alun John SHANGHAI/HONG KONG – This month’s dive in China’s currency has revived memories of past routs but market participants say …
Four Charged In Connection With Multi-Billion Dollar Collapse Of Archegos Capital Management
Damian Williams, the United States Attorney for the Southern District of New York, Deputy United States Attorney General Lisa O. Monaco, and Michael J. Driscoll, …
Explainer-Why Archegos Capital was in U.S. regulators’ blind spot
By Michelle Price (Reuters) – U.S. authorities on Wednesday charged Archegos Capital Management owner Bill Hwang with racketeering, fraud and market manipulation over the meltdown …
Capital One Reports First Quarter 2022 Net Income of $2.4 billion, or $5.62 per share
MCLEAN, Va., April 26, 2022 — Capital One Financial Corporation (NYSE: COF) today announced net income for the first quarter of 2022 of $2.4 billion, …
Credit Suisse has no plans to raise capital – source
ZURICH – Credit Suisse has no plans for a capital increase, a source familiar with the matter told Reuters on Wednesday, after the Swiss bank …
Panic Buying Grips China’s Capital As Residents Fear Another Shanghai-Esque Lockdown
Panic Buying Grips China’s Capital As Residents Fear Another Shanghai-Esque Lockdown Philip Lenczycki on April 26, 2022 Panic buying and hoarding has gripped China’s capital …
China needs open capital markets for yuan to be global currency, IMF’s Gopinath says
By David Lawder WASHINGTON – If China wants its yuan to become a globally used currency, Beijing would need to have open capital markets and …
Six people killed in blast at restaurant in Somalia’s capital -ambulance official
MOGADISHU -Six people were killed on Friday by a blast at a seaside restaurant in Somalia’s capital Mogadishu, an ambulance service official told Reuters. “So …
Melvin Capital to shrink after GameStop losses -source
(Reuters) – Melvin Capital Management is planning to shrink to $5 billion from the $8.7 billion it managed at the end of March, aiming to …
African startups drew record $5.2 billion in venture capital last year – industry group
JOHANNESBURG – African start-ups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly …
Deutsche Bank investor Capital Group sells most of big stake – Filing
FRANKFURT – U.S. investor Capital Group sold most of its 5.2% stake in Deutsche Bank, according to a disclosure on Thursday. The filing makes official …
Golub Capital Acts as Left Lead Arranger and Administrative Agent on $1.3 Billion Unitranche to Support CVC Capital Partners’ Acquisition of Majority Stake in Radwell International from Greenbriar
NEW YORK, April 5, 2022 — Golub Capital acted as Left Lead Arranger and Administrative Agent on a $1.3 billion unitranche facility to finance CVC Capital …
VC firm Sequoia Capital names Botha as global leader
(Reuters) – Venture capital giant Sequoia Capital said on Monday Roelof Botha will take on the firm’s global leadership position, stepping into the role of …
Capital One Financial Corporation to Webcast Conference Call on First Quarter 2022 Earnings
MCLEAN, Va., April 1, 2022 — On Tuesday, April 26, 2022, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (NYSE: COF) will release its …
S&P Global ratings ups Saipem to ‘BB’ from ‘BB-‘ on planned capital hike
MILAN – S&P Global ratings said on Friday it had raised Italy’s Saipem to ‘BB’ from ‘BB-‘ on the energy services group’s 2 billion euros …
Chinese capital sees energy consumption peak, weaned off coal by 2035
SINGAPORE – The Chinese capital Beijing will largely wean itself off coal by 2035, when its total energy use is expected to peak at the …
Capital One Becomes Official Partner of Major League Baseball and Presenting Sponsor of the World Series
To celebrate the passion of baseball fans, Capital One will provide customers access to new and exclusive benefits straight from America’s pastime MCLEAN, Va., March …
Philippines on alert as volcano near capital spews more plumes
MANILA – A small but restive volcano near the Philippine capital Manila ejected two more plumes on Sunday, indicating continued eruption and prompting authorities to …
Exclusive-Sierra Space taps Boeing veteran as CFO after hefty capital raise -sources
By Eric M. Johnson SEATTLE – Months after receiving a major infusion of capital, Sierra Nevada Corp’s space unit, Sierra Space, has tapped a veteran …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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 …