worldbusinessstar
Honda to spend $64 BLN on R & D
Japan's Honda Motor Co Ltd plans to spend $64 billion on research and development over the next decade. This has laid out an ambitious target...
Russian bank VTB no longer has control of European Subsidiary
Russian bank VTB can no longer exercise any control over its European subsidiary in the wake of new sanctions. This was stated by the German...
Generali rebel shareholder’s plan puts dividend targets at risk
The company's Chief Executive Philippe Donnet stated that the Rebel shareholders' business plan presented at Italy's largest insurer Assicurazioni Generali puts dividend targets at risk....
Carlyle raises $4.6 BLN
Carlyle Group Inc said that it has raised $4.6 billion for its second credit fund that provides debt financing to companies. This includes the family-owned...
HDFC Bank’s $40 BLN deal may face regulatory hurdle
India's largest private lender HDFC Bank's $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the...
Prosecutor urges ex- Goldman banker’s conviction over 1 MDB
A U.S. prosecutor urged jurors to convict a former senior Goldman Sachs banker for helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund....
With capital markets jittery, private equity pounces to finance tech buyouts
When buyout firm Thoma Bravo LLC was seeking lenders to finance its acquisition of business software company Anaplan Inc, it skipped banks and went...
Global green finance rises over 100-fold
Global green financing, aimed at environmentally friendly projects around the world. This has grown over 100 times in the past decade. This is shown...
Retail traders splurge on risky plays
Freshly emboldened retail investors have continued piling into risky assets. This is by supporting a bounce that has buoyed everything from so-called meme stocks...
Barclays faces $590 million hit
British bank Barclays faces an estimated 450 million pound loss and regulatory scrutiny for exceeding a U.S. limit on sales of structured products, some...
