Signa Insolvency Engulfs Galeria Stores, Halts Frasers Deal
The insolvency of Signa Holding GmbH is starting to cause ripple effects across Rene Benko’s property and retail
2023-11-30 23:53
Sino-Ocean Said to Be in Talks With Cinda for Financial Support
Chinese state-backed developer Sino-Ocean Group is in talks with bad-debt manager China Cinda Asset Management over financial support,
2023-11-30 15:59
Banking Escapees Make Billions From Private Credit Boom
Dinner with Barack Obama, mansions on both US coasts and dazzling modern art collections — from Frank Stella
2023-11-30 08:22
Fed’s 2024 Voters Signal No Urgency to Raise Interest Rates
Two Federal Reserve officials made the case for continuing to hold interest rates steady on Wednesday, while a
2023-11-30 03:47
Castore Nears £1 Billion Valuation After Cash Injection By Raine
British premium sportswear brand Castore has secured a £145 million ($184 million) cash injection led by US investment
2023-11-30 01:18
Dubai Taxi Gets $41 Billion in Orders for $315 Million IPO
Dubai Taxi Co. received over 150 billion dirhams ($41 billion) in investor orders for its $315 million initial
2023-11-29 22:56
Elliott Has $1 Billion Phillips 66 Stake, Seeks Board Seats
Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push
2023-11-29 22:19
Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
2023-11-29 18:55
Risky Bonds Decimated By Credit Suisse Implosion Are Booming Again
A day that started with a blunt call to investors ended with incredulous fund managers at Algebris Investments
2023-11-29 13:55
Citi Is in Group That Lent Money to Insolvent Signa Unit
Citigroup Inc. is among lenders that have provided credit to a now-insolvent unit of Rene Benko’s Signa group
2023-11-29 02:16
One Corner of China’s Weak Market Is Seeing a $25 Billion Rally
Investors desperate for returns in China’s lackluster equities are scooping up some of the smallest and most volatile
2023-11-28 15:56
Steve Cohen Hires Bloomberg Media CEO to Oversee Mets Business
Steve Cohen’s New York Mets baseball team hired Bloomberg Media Chief Executive Officer M. Scott Havens as president
2023-11-28 00:15