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Carlyle Extends UK Money Manager Deal Spree With Metis Purchase

Jul 25, 2022  · (Bloomberg) -- Carlyle Group Inc.’s fast-growing wealth management platform in the UK has struck its fourth deal in less than two months as it seeks a consolidation play in the country’s fragmented market for financial planning. The private equity firm’s Hurst Point Group will buy Metis Wealth

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Jefferies Hires Citi’s Biller in Asia Expansion Blitz

(53 years ago) 2 days ago · Jefferies Financial Group Inc. has hired David Biller from Citigroup Inc., bringing the veteran banker back to Asia from Europe to help boost its practice in the region, according to people familiar with the matter.

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Big-Sounding Job Titles Are Feeding Egos in Tight Labor Market

(53 years ago) Jul 09, 2022  · Commuters ride a subway in New York, US, on Thursday, June 30, 2022. The head of New York's Metropolitan Transportation Authority warned the agency's anticipated $2 billion budget gap may widen in 2026 as it struggles to win back riders. , Bloomberg (Bloomberg) -- The tight US labor market isn’t ...

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The Steady Erosion of Russian Oil Exports Continues - BNN

(53 years ago) Jul 25, 2022  · A tanker moored in a gas and oil dock at the Port of Constanta in Constanta, Romania, on Tuesday, March 22, 2022. Ukrainian ports have been shut since Russia's invasion leading demand to shift further west along the Black Sea to Romania and Bulgaria, some of the European Union's top grain exporters ...

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Nancy Pelosi to Visit Taiwan Despite China Warnings, FT Reports

(53 years ago) Jul 19, 2022  · US House Speaker Nancy Pelosi plans to make a landmark visit to Taiwan next month, the Financial Times reported, despite Chinese warnings that the trip could escalate tensions between Washington and Beijing.

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3M Unit Goes Bankrupt in Bid to Resolve Lawsuits Over Military …

(53 years ago) Jul 26, 2022  · (Bloomberg) -- 3M Co. put its Aearo Technologies unit into bankruptcy in a bid to resolve more than 230,000 lawsuits brought mainly by US military veterans over allegedly faulty combat earplugs. The conglomerate has already spent nearly $350 million defending the sprawling litigation, according to ...

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Telenor’s Thai Unit Merger Seen Delayed by Regulatory Scrutiny

(53 years ago) Aug 03, 2022  · Telenor ASA’s plan to merge its Thai unit with a local mobile operator has run into fresh regulatory scrutiny and objections from a rival that it’s seeking to topple as the Southeast Asian nation’s largest carrier.

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'Historic' correction grips Canada's housing market, RBC says

(53 years ago) Jul 22, 2022  · The housing market correction that’s taking hold in Canada could turn out to be its biggest in recent history, according to a new forecast from the country’s largest bank.

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RBC predicts Canada heading for recession in 2023 - BNN …

(53 years ago) Jul 07, 2022  · Royal Bank of Canada is predicting this country will likely endure a "moderate and short-lived" recession next year as the economy succumbs to the pressure brought on by stubborn inflation, higher rates, and constraints in the labour market.

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ADM-Backed Digital Platform Gradable Pitched to 55,000 Farmers

(53 years ago) Jul 21, 2022  · Archer-Daniels-Midland Co. and Farmers Business Network are expanding access to a digital agriculture platform to 55,000 growers, nearly doubling the number of producers since their collaboration was announced eight months ago.

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Marijuana Stocks - Stock Prices and news about Canada's marijuana …

(53 years ago) New Hexo CEO opens up about push to overhaul cannabis business after turmoil . Three months after stepping into Hexo's top job, CEO Charlie Bowman has already deepened his predecessor's cuts and begun backing away from certain products, but he insists the moves are for a good reason: resetting Hexo's cost structure "dramatically."

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Goldman traders rescue results from investment-banking slump

(53 years ago) Jul 18, 2022  · Goldman Sachs Group Inc.’s traders countered the industry’s underwriting slump with revenue gains that raced past analysts’ estimates. The trading operation posted a 32 per cent surge in second-quarter revenue that included another banner period for fixed income, which jumped 55 per cent, the New York-based firm said Monday in a statement.

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Commodities News Stories – BNN Bloomberg

(53 years ago) Commodities – Monday at 11:30 a.m. ET, Tuesday-Friday at 11 a.m. ET . From aluminum to zinc and everything in between, join BNN Bloomberg's Andrew Bell for the latest insight into the hot world of commodities and the companies that produce them, including interviews with mineral and mining entrepreneurs from Canada and around the globe.

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Market Call - Shows - BNN Bloomberg

(53 years ago) Market Call – Daily at 12 p.m. ET and 6 p.m. ET . Market Call is Canada's leading stock market call-in program. Every weekday, top fund managers and market analysts - professionals who handle billions in retail and institutional investments - give their thoughts and top picks.

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Australia’s Aggressive Policy Tightening Set to Weigh on Economy

(53 years ago) Jul 31, 2022  · Australia is on track for its steepest tightening of monetary policy in a generation, raising the risk of an economic slowdown as the housing market shifts into reverse and consumers pull back on spending.

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Pig Organs Revived Hour After Death in Scientific Advance

(53 years ago) Aug 03, 2022  · (Bloomberg) -- Scientists successfully revived vital organs from deceased pigs with a technology that shows promise for organ transplantation and further blurs the line between life and death. The research, published Wednesday in the journal Nature, challenges the assumption that tissue death is ...

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The Close - Shows - BNN Bloomberg

(53 years ago) The Close – Daily at 3 p.m. ET . As the trading day comes to an end, BNN Bloomberg provides in-depth coverage of all the market, corporate and economic news of note, along with outstanding analysis and insight.

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Economics News Stories – BNN Bloomberg

(53 years ago) The Daily Chase: TSX gains ground; Freedom Mobile deal firmed up The S&P/TSX Composite Index is on a roll. Yesterday’s gains put it within nine points of closing at or above 20,000 for the first time since early June (to borrow from Amber Kanwar: attention round-number enthusiasts).

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Samsung SDI to Build $1.3 Billion Battery Plant in Malaysia - BNN …

(53 years ago) Jul 20, 2022  · (Bloomberg) -- South Korea’s Samsung SDI Co. will build a second battery plant in Malaysia to boost production of cylinder-type cells used for …

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Corona Beer Maker Says Drought-Stricken Mexico Supports Its …

(53 years ago) Aug 09, 2022  · Major Ukraine Grower Says Russia Stole 200,000 Tons of Its Crops

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Markets - BNN Bloomberg

(53 years ago) BNN Markets: Stocks, Canadian markets data, North American markets, S&P, TSX, Nasdaq, Venture

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JPMorgan Says Bitcoin Cost of Production May Be Down to …

(53 years ago) Jul 13, 2022  · Bitcoin’s cost of production has dropped from about $24,000 at the start of June to around $13,000 now, which may be seen as a negative for pricing, according to …

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'This too shall pass' as energy rout deepens: Nuttall - BNN

(53 years ago) Jun 24, 2022  · Influential Bay Streeter Eric Nuttall says in all his years of being an energy fund manager, he never thought he’d have to hold his clients’ hands and ease their worries about crude oil with the commodity consistently trading above US$100 per barrel

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Big six banks hike their prime rates to 4.70% - BNN Bloomberg

(53 years ago) Jul 14, 2022  · Royal Bank of Canada was the first of the big banks to announce it will hike its prime lending rate following the Bank of Canada’s larger-than …

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Investing News Stories - BNN Bloomberg

(53 years ago) U.S. stock rally builds with longest weekly run of 2022 . U.S. stocks finished the week on solid footing, with traders assessing whether an inflation slowdown could soon make the Fed reduce the pace of its most-aggressive tightening campaign in decades and prevent a hard landing.

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Four ways to store value as inflation erodes your cash

(53 years ago) Jun 24, 2022  · Once upon a time, cash was king. Not any more. With the latest inflation gauge from Statistics Canada running at an annual rate of 7.7 per cent — the highest since 1983 — the loonies that Canadians had been accumulating in record …

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China Property Sector Remains Biggest Drag on Economy

(53 years ago) Jul 15, 2022  · (Bloomberg) -- China’s property downturn showed little signs of improvement in the three months through June, with its output contracting for the fourth straight quarter and clouding the growth outlook for the rest of the year. Output in …

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JPMorgan Gold Trader Turned Whistleblower Lied to Authorities

(53 years ago) Jul 14, 2022  · When FBI agents knocked on the door of his Brooklyn, New York, home in August 2018, trader John Edmonds told them he didn’t know anything about gold and silver price manipulation at JPMorgan Chase & Co. That was a lie, he admitted Thursday.

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Walmart Hawks Refurbished Goods to Inflation-Squeezed …

(53 years ago) Jul 29, 2022  · A customer pushes a shopping cart after at a Walmart Inc. store in Burbank, California, U.S., on Monday, Nov. 19, 2018. To get the jump on Black Friday selling, retailers are launching Black Friday-like promotions in the weeks prior to the event since competition and price transparency are forcing retailers to grab as much share of the consumers' wallet as they can.

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Swiss Engineering Company ABB Tries Again to Sell Power …

(53 years ago) Aug 03, 2022  · ABB Ltd. is preparing to kick off a fresh attempt to sell its power-conversion unit as Chief Executive Officer Bjoern Rosengren continues to offload peripheral businesses, according to people familiar with the matter.

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