Letter: Resident of Ocean County Domestic Violence Shelter Raises Red Flag
I have been a resident at Providence House in Toms River, NJ for the past two months, and I am writing to expose the truth about what happens inside this shelter — a place that…
EV startup Fisker raises $150 million from existing investor
(Reuters) – Fisker Inc has raised $150 million from an existing institutional investor through the issue of convertible bonds with an additional $550 million in funding available, the electric-vehicle startup said on…
Varde raises nearly $1.5 billion for asset-based lending opportunities
(Reuters) – Alternative investment firm Varde Partners has raised nearly $1.5 billion from institutional investors for asset-based lending through its Varde Asset Lending Fund II and related accounts and co-investments, it said…
Temasek unit raises $3.3 billion in flagship fund investing in China
SINGAPORE (Reuters) – Singapore state investment firm Temasek’s wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its flagship fund that invests in Greater China and has…
Biden raises money at Tom Steyer home in San Francisco
By Jeff Mason SAN FRANCISCO (Reuters) – President Joe Biden raised money for his re-election campaign on Wednesday at the San Francisco home of billionaire climate activist Tom Steyer as part of…
Japan maintains modest economic recovery view, raises corp profits assessment
TOKYO (Reuters) – Japan retained its view of a modest recovery in the world’s third-biggest economy, but upgraded its assessment of corporate earnings for the first time since March 2022 even as…
Enbridge C$4.6 billion equity sale raises hopes for Canada market revival
By Maiya Keidan TORONTO(Reuters) – A recent C$4.6 billion capital raise by Enbridge and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital markets (ECM)…
Taiwan raises concerns about situation ‘getting out of hand’ with China drills
TAIPEI (Reuters) – The increased frequency of China’s military activities around Taiwan recently has raised the risk of events “getting out of hand” and sparking an accidental clash, the island’s defence minister…
Norway raises rate to 4.25%, likely to hike again in Dec
By Terje Solsvik OSLO (Reuters) -Norway’s central bank raised its benchmark interest rate by 25 basis points (bps) to 4.25% on Thursday to curb inflation, as widely predicted, and, in a surprise…
Goldman Sachs raises over $15 billion for secondary private equity deals
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs’ asset management arm said two funds have closed, raising more than $15 billion for funds that enable investors to make secondary investments in…
Boeing slightly raises China 20-year demand outlook to 8,560 new planes
By Brenda Goh SHANGHAI (Reuters) -Boeing on Wednesday slightly increased its annual 20-year forecast for new plane deliveries to China, citing economic growth and increasing demand for domestic travel. The U.S. planemaker…
OECD raises 2023 global growth outlook, cuts 2024
PARIS (Reuters) – A stronger than expected U.S. economy is helping to keep a global slowdown in check this year but a weakening Chinese economy will prove to be a bigger drag…
French central bank raises 2023 growth outlook, trims 2024 and 2025
PARIS (Reuters) – France’s economy will grow slightly less than expected in the next two years due to weakness in its main trade partners, the central bank said on Monday, but it…
Senator Testa Raises Alarm Over New BPU President’s Energy Policy Views
TRENTON, NJ – Senator Michael Testa voiced skepticism over Governor Murphy’s recent appointment of Christine Guhl-Sadovy as the President of the Board of Public Utilities. Testa argues that the new appointment signals…
ECB raises rates to record high, signals end to hikes
LONDON (Reuters) -The European Central Bank raised its key interest rate to a record peak on Thursday and signalled this will likely be its final move in a more-than year-long fight against…
ECB cuts growth outlook but raises key 2024 inflation projection
FRANKFURT (Reuters) – The European Central Bank cut its growth projections for the next two years while lifting some of its inflation forecasts, raising the spectre of stagflation, a period when the…
Brazil’s Casas Bahia raises $126.5 million in share offering
SAO PAULO (Reuters) – Brazilian retailer Casas Bahia raised 622 million reais ($126.53 million) in a share offering, the company said on Thursday. Casas Bahia, formerly known as Via, priced its offering…
ECB raises rates but signals end of policy tightening
FRANKFURT (Reuters) – The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy.…
Dollarama raises annual sales forecast as demand for essentials thrives
(Reuters) -Dollarama raised annual sales forecast on Wednesday after topping quarterly sales estimates, as Canadians lapped up the discount retailer’s cheaper offerings in response to higher prices of essentials. Consumers in Canada,…
Denodo raises $336 million in funding from private equity giant TPG
(Reuters) – Private equity firm TPG has agreed to invest $336 million in data management company Denodo, in a deal that underscores the dissipating gloom over private market funding that had squeezed…
AI chip startup Enfabrica raises $125 million, with backing from Nvidia
By Stephen Nellis (Reuters) – Enfabrica, a Silicon Valley chip startup working on networking chips for artificial intelligence data centers, said on Tuesday that it has raised $125 million in venture capital,…
Imbue raises $200 million at over $1 billion valuation in AI funding boost
(Reuters) – AI research lab Imbue has raised $200 million in a Series B funding round, which included participation from Astera Institute and Nvidia, at a valuation of over $1 billion, the…
Sweden’s H2 Green Steel raises $1.6 billion for Boden plant
OSLO (Reuters) -H2 Green Steel has raised equity funding of about 1.5 billion euros ($1.6 billion) to build the world’s first large-scale green steel plant, the Swedish steel company said on Thursday,…
Exclusive-AI chip startup d-Matrix raises $110 million with backing from Microsoft
By Max A. Cherney (Reuters) – Silicon Valley-based artificial intelligence chip startup d-Matrix has raised $110 million from investors that include Microsoft Corp at a time when many chip companies are struggling…
Copper giant Codelco raises $2 billion in bond offering
By Fabian Cambero SANTIAGO (Reuters) -Chile’s Codelco raised $2 billion in a bond offering in New York on Tuesday, as the world’s top copper producer seeks to fund an investment drive to…
Food Truck Festival Raises Funds for Kiwanis in Parsippany
PARSIPPANY, NJ – The third annual Parsippany Food Truck & Music Fest took place at Veterans Memorial Park, raising funds for the Kiwanis of Greater Parsippany. The event featured over 15 food…
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