Category: private
-
Strong Consumer Spending And Private Inventories Boosted U.S. GDP in Q2
•
The preliminary estimate of US GDP for the second quarter of 2024 showed Economy grows by 2.8%This is much faster than the expected 2.5% increase and almost double the downwardly revised 1.4% growth in the previous quarter! The Ministry of Commerce explained that the acceleration in growth from the first…
-
Swiss private bank Julius Baer H1 profit drops 15% By Reuters
•
ZURICH (Reuters) – Swiss private bank Julius Baer reported a 15 percent drop in profit in the first half of 2024 on Thursday, a turbulent period that saw its chief executive step down in the wake of the multi-million dollar Cigna debacle. The Zurich-based bank said adjusted net profit fell…
-
Oil: Private survey of inventory shows headline crude oil draw larger than expected
•
Figures via oilprice.com on Twitter: – The predictions I saw focused on: Main crude oil -1.6 million barrels Distillates +0.2 million barrels Gasoline -0.4 million — This data point is taken from a special survey conducted by the American Petroleum Institute (API). It is a survey of oil storage facilities…
-
Oil: Private survey of inventory shows headline crude oil draw larger than expected
•
Figures via oilprice.com on Twitter: – The predictions I saw focused on: Main crude oil -1.6 million barrels Distillates +0.2 million barrels Gasoline -0.4 million — This data point is taken from a special survey conducted by the American Petroleum Institute (API). It is a survey of oil storage facilities…
-
Standard Chartered boosts private bank team with 14 new hires By Reuters
•
HONG KONG (Reuters) – Standard Chartered has hired more than a dozen new bankers for its private banking teams in Singapore, Hong Kong and the United Arab Emirates in a bid to grow its wealth management business, the bank said in a statement on Thursday. The appointments include Nicholas Cheng,…
-
Could Labour’s plan to put VAT on private schools lead to parents ‘Finding Religion’
•
Ah, Labour, that beacon of fairness and redistribution, has once again given us a stroke of genius. This time, the plan is to impose a VAT on private schools, those bastions of privilege and first-class education. Now, while the sight of Eton and Harrove pupils writhing in fear at the…
-
Private credit boom drives Sixth Street hiring spree in Europe By Reuters
•
Written by Sinead Cruz and Tommy Reggiore Wilkes LONDON (Reuters) – Sixth Street is embarking on the biggest European recruitment drive in its 15-year history, taking up a new regional headquarters in London’s Mayfair and adding up to 20 staff this year to focus on private credit and real estate.…
-
Analysts fear private consumption recovery may falter
•
After a sharp decline in private consumption by Israelis in the first months after the October 7 attack, it has recently appeared as if consumption has almost returned to normal. In the first quarter of this year, consumption increased by 6%, after declining by 7.5% in the last quarter of…
-
Metro Vancouver Properties Corp. provides update with respect to a share consolidation and going private transaction
•
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jun 17, 2024 • 9 minute…
-
US private equity firm in talks to buy cyberattack co Paragon
•
A US private equity fund, which includes a group of security companies, is in talks to acquire Israeli cyber attack company Paragon Solutions. Headquartered in the Discount Bank Tower in Tel Aviv, the company was founded five years ago by the former commander of the IDF’s 8200th Intelligence Unit, Brig.…
-
US private equity firm in talks to buy cyberattack co Paragon
•
A US private equity fund, which includes a group of security companies, is in talks to acquire Israeli cyber attack company Paragon Solutions. Headquartered in the Discount Bank Tower in Tel Aviv, the company was founded five years ago by the former commander of the IDF’s 8200th Intelligence Unit, Brig.…
-
Oil – private survey of inventory shows a larger headline crude oil draw than was expected
•
Via Oilprice.com: — The expectations I saw focused on: Main crude -1.05 million barrels Distillates +1.6 million barrels Gasoline +0.9 million — This data point is from a special survey conducted by the American Petroleum Institute (API). It is a study of oil storage facilities and companies The official report…
-
Labour to Tackle Private Equity Tax Loophole in Election Manifesto
•
Labor is set to announce measures to close a major tax loophole that currently allows thousands of private equity investors to avoid paying income tax. The initiative will be a key feature of the party’s general election manifesto, which is expected to be unveiled this week. Currently, gains from private…
-
Major world economies seeking to stop new private sector coal financing – Reuters
•
keni1/iStock via Getty Images Reuters reported this week that some of the world’s major economies want to finalize a plan before this year’s UN COP29 climate summit in November to halt new private sector financing for coal projects. If the draft proposal is approved by The OECD would be the…
-
Surge in Loan Enquiries for Private School Fees Amid Potential Labour Tax Reforms
•
The number of inquiries for loans to help pay private school fees has risen by a quarter, according to the School Fees Scheme. The company, which helps parents by paying school fees in advance and allowing payment in monthly installments, saw a significant increase in interest compared to the same…
-
HydroGraph Announces Upsize of Private Placement to $3.2M
•
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 June 07, 2024 • 5 minute…
-
Soccer-Everton takeover by US private equity firm falls through By Reuters
•
(Reuters) – Premier League club Everton said on Saturday that the takeover agreement with potential owner 777 Partners had expired after the American private equity firm failed to complete the acquisition of a majority stake in Farhad Moshiri by Friday’s deadline. In September, the Miami-based investment fund said it had…
-
Labour to Impose Immediate Tax on Private School Fees, Says Starmer
•
Labor leader Sir Keir Starmer has announced that a Labor government will quickly introduce taxes on private school fees. Speaking on BBC Radio 4’s Today programme, Starmer confirmed that the VAT exemption that private schools currently enjoy would be removed “as quickly as it can be done”, leading to a…
-
Ecash Makes Bitcoin (And Fiat) Private With Calle’s Cashu
•
Editor’s note: Cashews It is a protocol, not a company. Founders: Kali Date of Establishment: October 2022 Headquarters location: far The amount of Bitcoin held in the vault: nothing Number of Employees: 20-30 open source developers website: https://cashu.space/ Public or private? nothing Of Bitcoin’s many notable characteristics, privacy is not…