ALEXANDRIA, Va. – A Prince George’s County, Maryland, man and woman pleaded guilty to their involvement in laundering the proceeds of various fraud schemes targeting victims’ retirement and investment accounts. …
Investment
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By Anousha Sakoui (Reuters) -The Aston Martin Formula One team said on Thursday it had agreed on an investment by U.S. private equity firm Arctos Partners in exchange for a …
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By Leah Douglas (Reuters) – Investment funds have become voracious buyers of U.S. farmland, amassing over a million acres as they seek a hedge against inflation and aim to benefit …
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(Reuters) – Manulife Investment Management, the global wealth and asset management arm of Canada’s largest insurer Manulife Financial, said on Wednesday it will buy London-based alternative credit manager CQS. The …
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(Reuters) – Wells Fargo has let go of less than 50 bankers from its corporate and investment banking unit as part of year-end pruning, a source familiar with the matter …
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ANCHORAGE, Alaska – An Anchorage man was sentenced today to 10 years in prison for defrauding at least 177 victims of more than $26 million through an investment fraud scheme. …
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PARIS (Reuters) -France will tighten rules for non-EU investments in French companies by making a 10% threshold that triggers a government review permanent, Finance Minister Bruno Le Maire told Reuters …
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TRENTON, NJ — The Urban Enterprise Zone Authority (UEZA), under the New Jersey Department of Community Affairs, has announced significant advancements in Camden’s economic landscape, propelled by an investment exceeding …
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SHANGHAI (Reuters) – The basic pension fund managed by China’s social security fund gained 5.1 billion yuan, or 0.33% in 2022, down from a 4.9% gain in 2021, the National …
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(Reuters) – MetLife on Wednesday reported a third-quarter profit that was above Wall Street expectations, as recovery in the U.S. markets boosted the insurer’s return from investments. Wall Street has …
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(Reuters) – Insurer Assurant reported a surge in third-quarter adjusted profit on Tuesday, helped by the strong performance of its global housing unit and higher investment returns, sending shares up …
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By Michael Martina WASHINGTON (Reuters) – The Republican and Democratic leaders of a U.S. congressional committee on China urged Treasury Secretary Janet Yellen to urgently implement outbound investment restrictions on …
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PARIS (Reuters) – French carmaker Renault had “friendly” discussions with Chinese investment bank CICC about potential cooperation, but nothing has been signed or decided so far, a company spokesperson said, …
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(Reuters) – Loews Corp on Monday reported a profit in the third quarter compared to a loss a year earlier, boosted by higher investments and insurance unit CNA Financial’s strong …
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(Reuters) – Prime Minister Mikhail Mishustin said on Monday that Russia would create a simplified procedure for citizens and companies from “friendly” countries to invest there. Mishustin said entities from …
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By Francesco Guarascio HANOI (Reuters) – Vietnam is planning to relax its stock market settlement procedures for foreign investors, a critical measure to convince equity index managers to uprade the …
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BEIJING (Reuters) – China’s Vice Premier Ding Duexiang told Apple CEO Tim Cook the group was welcome to participate in developing China’s digital economy, as Cook made a surprise visit …
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BOSTON (Reuters) – Harvard University’s endowment fund, the world’s largest university endowment, posted a small investment gain that bested several other top U.S. universities’ returns but saw the value of …
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NEWARK, NJ. – A New Jersey real estate investor and influencer was arrested today for committing a multimillion-dollar Ponzi-like investment fraud scheme, U.S. Attorney Philip R. Sellinger announced. Cesar Humberto …
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By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s property sales and investment posted double-digit declines as efforts to support big cities failed to bolster confidence in an industry …
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(Reuters) – BlackRock Investment Institute on Monday raised the rating of long-dated U.S. Treasuries to “neutral” from “underweight” as it sees yields approaching a peak. “We now see about equal …
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A U.S. citizen residing in the Principality of Monaco pleaded guilty today to tax evasion for concealing from the IRS over $5,130,000 in income derived from a real estate transaction …
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RICHMOND, Va. – A Marne, Michigan, man pleaded guilty today to a wire fraud charge arising from his participation in an investment fraud scheme. According to court documents, beginning in …
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By Valentine Hilaire MEXICO CITY (Reuters) – Mexico on Wednesday issued a decree to grant tax breaks for companies that relocate operations to Mexico, targeting major export industries such as …
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MARRAKECH (Reuters) – The European Investment Bank said on Wednesday it will lend Morocco 1 billion euros ($1.06 billion) over the next three years to support the north African country’s …