Hedge fund manager and philanthropist Michael Steinhardt surrendered antiquities worth roughly $70 million, and he has been banned for life from acquiring such artifacts in the future, the Manhattan district …
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OSLO – Norwegian conglomerate Aker ASA has hired Yngve Slyngstad, the former head of Norway’s sovereign wealth fund, to lead its asset management unit, focusing on renewable energy projects, the …
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By Svea Herbst-Bayliss BOSTON – Cinctive, a hedge fund that nearly tripled assets since its 2019 launch, is looking to capitalize on the market volatility stirred up by the Omicron …
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BRUSSELS – The European Union should have money to help stabilise economies in a crisis, especially after the bloc’s post-pandemic recovery fund ends in 2026, European Economic Commissioner Paolo Gentiloni …
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DETROIT – The former manager of the City of Taylor’s Community Development and former Treasurer of Mayor Richard Sollars’ campaign fund, pleaded guilty today to conspiring to commit bribery with …
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Dorothy Frame, an employee at Fort Campbell’s Blanchfield Army Community Hospital, is suing a labor union that forced her to pay dues in violation of her Catholic beliefs. While Frame …
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By Michael Nienaber BERLIN – Germany’s new coalition parties agreed to create more fiscal firepower for election promises by stretching the repayment period of coronavirus debt and bolstering the government’s …
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BANGKOK – Norway’s Telenor ASA on Monday said it would set up a venture capital fund with Thailand’s True Corporation Pcl with a size of up to $200 million. “We …
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By Cynthia Kim, Jihoon Lee and Yena Park SEOUL – Earlier this year, Lee left her fund management job at South Korea’s national pension fund, the world’s third-largest, fed up …
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– China Evergrande’s electric vehicle division is raising about HK$2.7 billion ($347 million) from a share sale to fund production of new-energy cars, it said on Friday. China Evergrande New …
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Damian Williams, the United States Attorney for the Southern District of New York, and Philip R. Bartlett, the Inspector-in-Charge of the New York Division of the U.S. Postal Inspection Service …
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By Svea Herbst-Bayliss BOSTON -Engine No. 1’s head of active engagement Charlie Penner, who conceived and quarterbacked this year’s successful board challenge at Exxon Mobil Corp that stunned the corporate …
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MADRID – Spain’s government has agreed with unions to raise social-security contributions by 0.6% between 2023 and 2032 to help pay for the pensions of an upcoming wave of retirees, …
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By David French NEW YORK – Financial services-focused private equity firm Lightyear Capital has closed its fifth flagship fund at $1.6 billion, drawing in more money than it initially targeted …
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By Emma Rumney and Simon Jessop JOHANNESBURG – The Philippines has sought financing for seven projects from a U.N. environmental fund to tackle the catastrophic impact of climate change. Yet …
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By Ben Klayman DETROIT – A union-affiliated pension fund advisor pressing Rivian on human rights and environment concerns in the electric vehicle startup’s battery supply chain ahead of a blockbuster …
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By John Revill ZURICH -Credit Suisse said on Monday it had struck a deal to refer hedge fund clients to rival BNP Paribas following the Swiss lender’s decision to exit …
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By Simon Jessop GLASGOW – The European Investment Bank and Allianz Global Investors said on Monday they plan to raise 500 million euros ($577.55 million) for a fund aimed at …
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OSLO – Norway’s new centre-left government said on Monday in aims to spend an identical amount of money from the country’s $1.4 trillion sovereign wealth fund in 2022 compared to …
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Damian Williams, the United States Attorney for the Southern District of New York, announced today that DONALD BLAKSTAD, the owner and principal of a California-based investment fund, was sentenced today …
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By Victoria Klesty OSLO -Norway’s largest pension fund KLP said on Thursday it would no longer invest in 14 major weapons makers and their suppliers, including Raytheon Technologies Corporation and …
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A Grand Blanc, Michigan man was sentenced to 48 months in prison after having pleaded guilty to supervising a complex fraud and kickback scheme involving UAW members and medically unnecessary …
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Liberal tech billionaire Reid Hoffman, a funder of numerous disinformation projects, is backing a new media venture launched Tuesday that seeks to combat disinformation, according to a report. Hoffman, the …
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The National Institutes of Health reiterated its stance Thursday that it did not fund gain-of-function research in Wuhan, China, despite having released documents on Wednesday showing that it funded the …
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James Murdoch, the son of billionaire media mogul Rupert Murdoch, and his wife Kathryn are close to a deal to fund a climate reporting division of the Associated Press, according …