CANNES, France, March 13 (Reuters) – Goldman Sachs Asset Management will resume “actively investing” in U.S. commercial property this year because the market is bottoming out, its real estate head said, while other investors said the market downturn still had […]
March 12 (Reuters) – Indian mining group Vedanta (VDAN.NS), opens new tab must pay 776 million Indian rupees ($9.4 million) to Cairn UK Holdings for a delay in paying dividends, India’s markets watchdog said on Tuesday. The order on the website of […]
NEW YORK, March 12 (Reuters) – Goldman Sachs Asset Management, a unit of Goldman Sachs Group (GS.N), opens new tab, aims to expand its private credit portfolio to $300 billion in five years from the current $130 billion, a senior executive […]
Recycling-focused AI and robotics company, Glacier, announced today that it has raised $7.7 million to support its growth and capabilities aimed at enabling more materials to be recycled, avoiding waste, and helping reduce emissions. The funding round was led by […]
ATHENS, March 7 (Reuters) – Eurobank Holdings (EURBr.AT), opens new tab, Greece’s biggest lender, on Thursday posted strong operating profit for 2023 and said the figure will rise further by 2026, as it benefits from a growing business in Cyprus and […]
BEIJING, March 8 (Reuters) – Chinese state-owned oil and gas giant CNOOC Ltd (0883.HK), opens new tab has discovered a new reserve in the South China Sea containing over 100 million tons of oil equivalent proved in-place, the company said in a […]
March 6 (Reuters) – Italian asset manager Anima Holding (ANIM.MI), opens new tab on Wednesday reported net outflows in February, while rivals Mediolanum (MDBI.MI), opens new tab and Fineco (FBK.MI), opens new tab reported positive inflows helped by their ability to attract new customers. Unlike Anima, […]
LONDON, March 7 (Reuters) – Nationwide Building Society (NBS.L), opens new tab has agreed to buy Virgin Money UK (VMUK.L), opens new tab in a potential 2.9 billion-pound ($3.69 billion) all-cash deal that would create Britain’s second-largest savings and mortgage provider. The total value […]
THE US dollar was a touch softer on Wednesday (Mar 6), as traders kept their powder dry ahead of the first leg of congressional testimony from Federal Reserve chair Jerome Powell and the European Central Bank’s policy announcement on Thursday. […]
March 4 (Reuters) – A federal judge in Virginia on Monday dismissed a lawsuit accusing Capital One (COF.N), opens new tab of overcharging credit and debit card customers on transactions made in foreign currencies. U.S. District Judge Patricia Tolliver Giles in Alexandria […]
