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 …
Capital
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 …
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 …
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 …
Turkey’s Ziraat Bank raises capital to 34.9 billion lira
ISTANBUL – The capital of Turkey’s Ziraat Bank will be raised to 34.9 billion lira ($2.57 billion) according to footnotes of the bank’s annual financial …
ArcelorMittal raises dividend, announces new $1 billion capital return
By Marine Strauss BRUSSELS – ArcelorMittal, the world’s second largest steelmaker, said on Thursday it would increase its dividend and announced a new $1 billion …
BlackRock raises stake in scandal-hit French care group Orpea’s capital
PARIS -Asset manager BlackRock crossed the 5% threshold in scandal-hit French elderly care home operator Orpea folllowing the purchase of shares on and off the …
Dubai’s SHUAA Capital files with SEC for potential SPAC listing in NY
DUBAI – Dubai-listed investment bank SHUAA Capital said on Tuesday it has filed a registration statement with the U.S. Securities and Exchange Commission for the …
U.S. union wants retailers to review wages paid by vendors in ‘human capital’ trend
By Ross Kerber – The Teamsters union wants four large U.S. retailers to investigate if companies in their supply chains are underpaying workers, hoping the …
Melvin Capital’s Plotkin eyes new cash after year of double-digit losses
By Svea Herbst-Bayliss -Melvin Capital, the hedge fund that lost nearly $7 billion early last year by betting stocks like GameStop would tumble, wants to …
NextEnergy Capital raises record $896 million for solar infrastructure fund
By Simon Jessop LONDON – NextEnergy Capital said on Monday it had raised a record $896 million for its NextPower III ESG fund, focused on …
ICE HSI, southwest Texas police department arrest 3 shooting suspects involved in a capital murder case
DEL RIO, Texas – Three southwest Texas men were arrested Jan. 19, for their role in a Capital Murder case resulting in the death of …
Twin Explosions Kill Civilians In Ugandan Capital, Police Blame Islamic State Affiliate
Two explosions set off in the Ugandan capital, Kampala, on Tuesday have killed at least three people and injured dozens of others, the Associated Press …
Two Bombs Explode In Syria’s Capital, Killing 14 Just After Country Reopens For Tourism
Two bombs exploded in the Syrian capital of Damascus during rush-hour traffic, killing 14 people just after the country reopened for tourism, the Associated Press …
Another person shot dead in Trenton as violence in state capital rises
TRENTON, NJ – The Mercer County Homicide Task Force and the Trenton Police Department is investigating an overnight shooting at Donnelly Homes that left one …
Attorney General James and State Police Superintendent Bruen Announce Conviction of Contractor for Defrauding Homeowners Out of More Than $50,000 in the Capital Region
Dwight Fiero, Who Falsely Claimed to Be a Combat Veteran, Pleaded Guilty to Felony Scheme to Defraud and Grand Larceny NEW YORK – New York …
Attorney General James to Deliver Up to $32 Million to Capital Region to Combat Opioid Crisis
AG James Continues Statewide ‘HealNY’ Tour to Deliver Money to Cities and Counties Ravaged by Opioid Epidemic, Stops in Albany County Today NEW YORK – …