Shares of Affirm Holdings Inc, founded by PayPal Holdings Inc's co-founder Max Levchin, almost doubled in their Nasdaq debut on Wednesday, valuing the U.S. provider of installment loans to online shoppers at over $23 billion.
U.S.-based investment firm KKR & Co said on Thursday it had closed its first fund targeting real estate investments in Asia Pacific at $1.7 billion.
A number of large U.S. companies, including AT&T Inc, American Express and Dow Inc, have said they would cut off campaign contributions to those who voted to challenge President-elect Joe Biden's victory, with Republicans in the U.S. Congress facing growing blowback from Corporate America. Here is a list of companies along with their actions in response to the Capitol assault. Company
Global commodities trader and food processor Cargill is in talks with Brazil's Copersucar to exit their sugar trading joint-venture, Alvean, the Brazilian company said in a statement on Wednesday.
Governments across Europe announced tighter and longer coronavirus lockdowns and curbs against the backdrop of fears of a fast-spreading variant first detected in Britain, with vaccinations not expected to help much until the spring.
Silver Lake said on Wednesday it had raised about $20 billion for its buyout fund, Silver Lake Partners VI, as the technology-focused private equity firm looks to focus on large-scale investments.
A major chunk of the global recovery in companies' earnings expected in the first quarter is at risk of being pushed back further as lockdowns and mobility restrictions in several countries cloud hopes of a swifter economic rebound, investment banks said.
A rally in U.S. yields is clouding the outlook for one of the market’s most popular trades: betting against the dollar.
U.S.-based New Fortress Energy Inc said on Wednesday it would buy natural gas company Hygo Energy Transition Ltd for $2.18 billion to expand its presence in Brazil, a frontier for growth in the burgeoning liquefied natural gas market.