by iwd | Jul 29, 2024 | Economy
(Reuters) -Investment firm Sixth Street will acquire Enstar for $5.1 billion, in a deal backed by former Treasury Secretary Steven Mnuchin and billionaire J Christopher Flowers, the insurer said on Monday.The deal will allow Sixth Street, an existing Enstar investor...
by iwd | Jun 21, 2024 | Economy
(Reuters) – European shares opened lower on Friday, with technology shares at the helm of the selloff, while Danish brewer Carlsberg Group slumped after British soft drinks maker Britvic rejected its $3.9 billion revised takeover proposal. The pan-European STOXX...
by iwd | Jun 21, 2024 | Economy
LONDON (Reuters) – For markets trying to assess how quickly interest rate moves are likely to come, it’s all about the data.That puts a closely watched U.S. inflation gauge, Tokyo’s CPI index and preliminary June data from some euro zone economies in...
by iwd | May 17, 2024 | Economy
BEIJING/HONG KONG (Reuters) – China on Friday announced “historic” steps to stabilise the crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding, easing mortgage rules, and local governments set...
by Editor, IWD | Sep 16, 2023 | Business, Economy
In an unexpected turn of events, Mark Cuban, the renowned billionaire and Dallas Mavericks owner, disclosed that he’s the latest casualty in the volatile world of cryptocurrency. The Background In a chat with DL News, a clearly surprised Cuban mentioned a suspicious...
by Editor, IWD | Sep 16, 2023 | Business, Economy
ARM Holdings Plc has historically dominated the smartphone world with its innovative architectures. However, as the industry is rapidly transitioning into the post-smartphone era, it faces significant challenges in capturing the next wave of semiconductor growth. A...
