Bain Capital raises $1.15 billion for first fund dedicated to insurance investments
By David French (Reuters) – Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the…
2023
US banks’ residential mortgages face mandates exceeding global standards – Bloomberg News
(Reuters) -U.S. bank regulators are set to release their plans next week for a sweeping overhaul of capital rules, with…
Copper miners squeezed by lower prices, higher labor costs
By Arshreet Singh (Reuters) – Major North American copper miners are likely to report a fall in second-quarter profits, as…
Goldman Sachs CEO’s growth strategy gets traction with board-sources
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -Goldman Sachs’ board supports CEO David Solomon’s focus on its core…
US, China to work ‘intensively’ on climate in weeks ahead – Kerry
BEIJING (Reuters) – U.S. climate envoy John Kerry said more work was needed to iron out agreements with China on…
UAE’s Abu Dhabi sees strong industrial sector growth amid diversification push
By Rachna Uppal ABU DHABI (Reuters) – Abu Dhabi, the capital of major oil exporter United Arab Emirates, plans to…
Nasdaq beats profit estimates on steady demand for investment products
By Manya Saini and Laura Matthews (Reuters) -Exchange operator Nasdaq beat estimates for second-quarter profit on Wednesday on the back…
Chaos as U.S. soldier Travis King bolted into North Korea -witness
By Ju-min Park SEOUL (Reuters) – American and South Korean guards shouted “get him” as they scrambled unsuccessfully to stop…
Tesla plans sweeping expansion to Berlin plant, cell production
By Victoria Waldersee BERLIN (Reuters) – Tesla is planning sweeping changes to its factory near Berlin, including extensions to its…
Exclusive-American Airlines pilot deal in ‘jeopardy’ after United’s contract agreement -union memo
By Rajesh Kumar Singh CHICAGO (Reuters) -American Airlines’ pilot union has warned that the ratification of the company’s new contract…