Apollo Global leads debt investment in chipmaker Wolfspeed – media
(Reuters) – A group of investors led by Apollo Global Management is making a debt investment between $1 billion to…
Business
China must act fast to bolster recovery, says senior economic official
BEIJING (Reuters) – China needs to step up measures as soon as possible to bolster a faltering post-COVID recovery in…
Lofty valuations on US stocks a growing worry for investors
By Lewis Krauskopf NEW YORK (Reuters) -Some Wall Street banks are sounding caution on the U.S. stock rally, warning that…
Hong Kong to fine-tune mortgage limits for first-time homebuyers
HONG KONG (Reuters) – Hong Kong plans to “fine-tune” the maximum size of mortgages available to first-time homebuyers, Financial Secretary…
PwC Australia to sell government business for A$1, appoint new CEO
By Lewis Jackson SYDNEY (Reuters) -PwC Australia on Sunday entered an exclusivity agreement with private equity firm Allegro Funds to…
Russia turmoil to fuel market volatility, flight to safety
(Reuters) – Heavily armed Russian mercenaries who advanced most of the way to Moscow began turning back on Saturday, de-escalating…
FTX sues ex-Clinton aide’s investment firm for $700 million
(This June 22 story has been corrected to fix the amount of museum donations to be returned to $550,000, not…
Factbox-Russia’s Rostov, seized by rebels, is important commodity hub
By Polina Devitt and Dmitry Zhdannikov LONDON (Reuters) – Following are facts about oil, gas and grains flows in Russia’s…
US opens probe into Ford Explorer recalls over power loss reports
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators said on Saturday they are investigating Ford Motor’s prior recalls of…
Brazil’s Lula calls for ‘common sense’ negotiations on EU-Mercosur trade pact
(Reuters) – Brazilian President Luiz Inacio Lula da Silva on Saturday urged the European Union and the Mercosur to set…