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Jefferies Winds Down Hedge Fund 352 Capital in Wake of Lawsuit
Livemint· 4 days agoJefferies Financial Group Inc. is winding down trading positions at its hedge fund 352 Capital, after the fund sued its former portfolio manager over an alleged fraud, according to people with ...
CVC Prepares French Football Loan as Clubs Weigh Media Deal
Livemint· 5 days agoCVC Capital Partners is working to arrange a loan to help French football teams meet their financial obligations in the event they decide to reject a multibillion-euro broadcasting deal, people ...
Private Credit Managers Take On Wall Street’s Least Loved Label
Livemint· 6 days agoESG — regularly derided as “woke” and anti-capitalist in the US — is finding a foothold away from public scrutiny. Of the $156 billion raised by private credit funds last year, about 16% went ...
South Africa to Raise $2.4 Billion From Climate Pact This Year
Livemint· 1 day agoSouth Africa’s National Treasury said it expects as much as $2.4 billion to flow into the country this year from a climate finance pact with some of the world’s richest nations. South Africa ...
Delta Lost the Fare War. Lesson Hopefully Learned.
Livemint· 5 days agoAn animal that’s cornered and fighting for its life is at its most dangerous. Low-cost carriers, including Frontier Group Holdings Inc. and Spirit Airlines Inc., are in survival mode and feeling ...
Gambia Upholds Landmark Ban on Female Genital Cutting
Livemint· 1 day agoGambian lawmakers have defeated an attempt to overturn a historic ban on female genital mutilation in a boost for the global century-old campaign against the practice. The West African nation ...
Wall Street Banks Set For Bond Sales Spree After Earnings
Livemint· 4 days agoWall Street’s biggest banks are set to borrow more than they usually do after reporting second-quarter earnings, taking advantage of falling yields and tapping debt markets before the US presidential ...
AT&T Data Hack Prompts FCC Probe, Raises Broad Security Concerns
Livemint· 3 days agoAT&T Inc. said on Friday that hackers stole a cache of six months worth of mobile-phone customer data, disclosing for the first time a cybersecurity breach that was massive in its scope and ...
Bob Menendez Jury Asks Whether Unanimity Needed to Acquit
Livemint· 1 day agoJurors at the corruption trial of US Senator Bob Menendez asked the judge Monday whether they must be unanimous to reach an acquittal on any count. “Does a not guilty verdict on a single count ...
Chipotle Rout Amid Portion Debate Is Chance to Buy, Analysts Say
Livemint· 4 days agoA hubbub on social media over Chipotle Mexican Grill Inc.’s portion sizes has sent the burrito chain’s shares into their worst tailspin in nearly a year. “Clearly, consumers are disgruntled ...