Category: private

  • Euro Sun Closes First Tranche of Previously Announced Private Placement Financing

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on November 8, 2024 • 4 minutes…

  • Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride

    Breadcrumb links PMN BMN Business Article writer: Associated Press Samuel Getachew Published on November 3, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content ADDIS ABABA, Ethiopia (AP) — As fuel prices rose in…

  • Kenya Power drops plan for private firms to sell electricity in slums

    Kenya Power has dropped plans to tap private companies to connect customers in informal settlements and collect bills, following advice from the State Council and parent ministry. The company has now delegated the task to the state-owned Rural Electrification and Renewable Energy Corporation (Rerec), with Kenya Power tasked with ramping…

  • Private schools to launch legal action against VAT on fees, calling policy ‘discriminatory’

    Private schools in the UK, represented by the Independent Schools Council (ISC), have voted to take legal action against Labour’s decision to impose VAT on school fees. The International Study Centre, which represents 1,400 independent schools, says the new tax is discriminatory, and particularly affects students with special educational needs…

  • CHAR Technologies Closes Private Placement

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on November 1, 2024 • 4 minutes…

  • Meta’s Threads suspends accounts showing private jet travel of billionaires like owner Mark Zuckerberg, Elon Musk and Taylor Swift 

    Several Threads accounts displaying publicly available data regarding private jet travel for some of the world’s richest and most famous people have been silenced. The year-old Meta-owned social media platform abruptly suspended an account on Monday showing the flight paths of the private jet owned by Mark Zuckerberg, CEO and…

  • Apollo Silver Announces Further Upsizing of Private Placement

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on October 18, 2024 • 4 minutes…

  • Apollo Silver Announces Further Upsizing of Private Placement

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on October 18, 2024 • 4 minutes…

  • Crypto Investment Among Asian Private Wealth Managers Rises To 76%: Report

    According to A a report By Aspen Digital Cryptoassets are becoming increasingly popular among Asian private wealth managers, with 76% of them saying they invest in cryptocurrencies. The potential upside leads to greater interest in cryptocurrencies The report, titled “Asian Private Wealth in Digital Assets,” highlights the growing adoption of…

  • Private Christian Schools to sue government over VAT plans

    Three private Christian schools and a group of parents are preparing to launch a legal challenge against the government’s plan to impose value-added tax on school fees. Emmanuel School in Derby, the Christian Branch School in Yorkshire and King’s School in Hampshire, along with parents, claim that the tax would…

  • eBay to ban private e-bike sales over fire safety concerns

    eBay is set to ban the sale of e-bikes and their batteries by individuals in the UK from October 31, citing growing concerns about battery fires. As of this date, only “qualified business sellers” will be allowed to list these items, though the company has not yet clarified the exact…

  • 10,000 fewer children in private schools ahead of Labour’s VAT policy, warns sector

    The number of children in special education has fallen by 10,000 over the past year, as parents expect VAT to be introduced on school fees in January, according to the Independent Schools Council (ISC). The organization estimates that the move could cost the government an additional £93 million to educate…

  • Report backing Labour’s private school VAT policy written by minister’s close friend

    Labour’s plan to impose VAT on private school fees has come under scrutiny after it emerged that a major report justifying the policy was written by a close friend of a government minister. Matthew Pennycook, a minister in the Department for Settlement, Housing and Communities, was reported to be best…

  • Report backing Labour’s private school VAT policy written by minister’s close friend

    Labour’s plan to impose VAT on private school fees has come under scrutiny after it emerged that a major report justifying the policy was written by a close friend of a government minister. Matthew Pennycook, a minister in the Department for Settlement, Housing and Communities, was reported to be best…

  • How Dividend Seekers Are Riding Private Credit Wave to Attractive Yields By Investing.com

    Yassin Ibrahim Investing.com – Business development companies, or BDCs, are taking the investment world by storm as income-seeking investors flock to this asset class that has earned a reputation for generating attractive dividend-like returns by filling a middle-market funding gap. left behind by traditional banks. The BDC sector has seen…

  • Cash flow crisis drags down private sector activity

    Kenya’s private sector activity deteriorated marginally in September due to persistent cash flow challenges affecting production and demand for goods and services, results of a monthly survey showed on Thursday. The Kenya Stanbic Purchasing Managers’ Index (PMI), which measures the performance of key private sector indicators such as production, new…

  • Businesses backed by private equity face heightened default risks, warns Bank of England

    The Bank of England has warned that companies owned or backed by private equity firms are at greater risk of default than other large companies. According to new research, these companies are more vulnerable to financial instability, especially when compared to companies that rely primarily on traditional lenders such as…

  • Australia’s central bank bars Canadian investment bank from private briefings after leak

    SYDNEY (Reuters) – Australia’s central bank has barred Canadian global investment bank from providing confidential briefings after one of its clients leaked details from a closed briefing, two sources familiar with the matter said on Tuesday. This is the second example of a leak after the Reserve Bank of Australia…

  • Citi joins hands with Apollo for $25 billion private credit program By Reuters

    (Reuters) – Citigroup Inc and Apollo Global have teamed up for a $25 billion private credit and direct lending program, illustrating a growing alliance of banks and non-banks looking to grab a share of the lucrative $2 trillion market. Abu Dhabi’s sovereign wealth fund Mubadala Investment Company and Apollo’s retirement…

  • Drakeford plans new tax hit on private schools in Wales

    Private schools in Wales are likely to lose their charitable status from April 2024 under new proposals put forward by the Welsh Labour government. The move will require fee-paying schools to pay local taxes, a change that is expected to bring in an extra £1.3m a year. It follows UK-wide…