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News
Ares names James Garforth principal for Asia direct lending
7+ hour, 11+ min ago (144+ words) HONG KONG, Sept 14 (Reuters) – Ares Management Corp, a global alternative investment manager, has appointed James Garforth as principal in its Asia direct lending business, according to an internal memo seen by Reuters on Monday. Here are some details: • Garforth joins…...
China’s Ligent Technologies seeks $723 million in Hong Kong IPO
12+ hour, 20+ min ago (139+ words) Sept 14 (Reuters) – China’s Ligent Technologies is looking to raise HK$5.67 billion ($723.02 million) through an initial public offering in Hong Kong, according to a filing with the exchange on Monday. The optical communications equipment maker is offering 172 million shares at an…...
Anthropic tells investors it will be profitable for second straight quarter, FT reports
12+ hour, 40+ min ago (120+ words) wmbdradio.com Anthropic tells investors it will be profitable for second straight quarter, FT reports Sept 13 (Reuters) – Anthropic has told shareholders that its adjusted operating income will be positive for a second straight quarter, the Financial Times reported on Sunday,…...
Ahead of Fed meeting, Trump says US should have world’s lowest interest rate
14+ hour, 40+ min ago (458+ words) By Bo Erickson, Padraic Halpin and Conor Humphries DOONBEG, Ireland, Sept 13 (Reuters) – No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve’s next policy meeting. Speaking to reporters at…...
Anthropic selects Nasdaq for IPO, Business Insider reports
16+ hour, 46+ min ago (58+ words) 1470 & 100.3 WMBD Anthropic selects Nasdaq for IPO, Business Insider reports Sept 13 (Reuters) – U.S. tech startup Anthropic has selected Nasdaq for its potential initial public offering, Business Insider reported on Sunday, citing a person familiar with the company’s plans. (Reporting by Ananya…...
Texas Stock Exchange captures first primary equity market listings from NYSE
3+ day, 13+ hour ago (544+ words) PROVIDENCE, Rhode Island, Sept 10 (Reuters) – The fledgling Texas Stock Exchange on Thursday scored another victory against established New York trading venues, convincing three related energy partnerships to shift their primary listing from the New York Stock Exchange to Dallas. In…...
Factbox-Sweden election: what you need to know
4+ day, 2+ hour ago (565+ words) Sept 10 (Reuters) – Sweden will hold a parliamentary election on September 13 with the centre-left opposition holding a slim lead in opinion polls over Prime Minister Ulf Kristersson’s ruling right-wing bloc. Kristersson is seeking to form a majority government with his existing…...
Nubank launches US high-yield savings account, credit cards, remittances
3+ day, 19+ hour ago (299+ words) By Tatiana Bautzer and Andre Romani NEW YORK/SAO PAULO, Sept 10 (Reuters) – Brazilian digital bank Nubank will start offering financial products in the U.S. on Thursday through bank partners, it announced in a securities filing. The initial products will be…...
DOJ probes Nvidia’s licensing deal with AI startup Groq, NYT reports
4+ day, 4+ hour ago (171+ words) Sept 9 (Reuters) – The U.S. Justice Department is investigating whether Nvidia structured its licensing deal with AI chip startup Groq to avoid antitrust scrutiny, the New York Times reported on Wednesday, citing two people familiar with the matter. Nvidia announced a…...
ECB hikes rates as Iran war adds to inflation angst
3+ day, 22+ hour ago (668+ words) LONDON, Sept 10 (Reuters) – The European Central Bank raised interest rates for the second time this year in a widely flagged move on Thursday, hoping to tame an inflation rise driven entirely by higher energy costs from the Iran war. The…...