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China’s state-owned investment funds cannot stand aside from American technology. Despite restrictions imposed by Washington, the FT found that state-run funds continued to buy stakes in US semiconductor companies. Pixelworks, headquartered in California, was one of the companies to recently receive investment from China’s leading state-owned semiconductor investment fund. Pixelworks designs video and pixel processing …

Dakar, Senegal Times are going to be difficult for Côte d’Ivoire. As Senegalese President Abdoulaye Wade pushes for a West African-led military invasion of Côte d’Ivoire, the Ivorian military threatens to mount a devastating defense on behalf of incumbent President Laurent Gbagbo, whom nearly all top world leaders consider the big loser of the Nov. …

By Anshul August 10, 2020, 6:42 PM STI (Update) mini The Debt Fund, a low risk mutual fund, invests most of the money in fixed income instruments such as corporate bonds, government bonds, bonds issued by banks, certificates deposit, treasury bills, etc. Debt fund is a low risk mutual fund where most of the money …

A family reacts as Pastor Michael Todd of Transformation Church in Bixby, Oklahoma announces that his church has decided to bless them with a new car and 0,000 to buy a house on Sunday, December 13, 2020. | YouTube/Church of Transformation Pastor Michael Todd of Transformation Church in Bixby, Oklahoma, led his congregation in a …

As the holiday season approaches, the pressure to spend skyrockets. This year, American gift shoppers plan to spend $660 on average. That’s according to new data from NerdWallet’s 2017 Consumer Holiday Shopping Report, which analyzed the spending and behavioral trends of more than 2,000 Americans ages 18 and older. And holiday-induced debt is a growing …

This article has been updated. Score a point for COVID-19 pandemic pizza giants Domino’s Pizza and Papa John’s. Pizza buffet joint CiCi’s filed for Chapter 11 bankruptcy protection on Tuesday. CiCi’s has 11 company-operated sites and franchises the brand on 307 other sites. The franchise network is not included in the bankruptcy. The company will …

A £900m (€1bn, $1.11bn) restructuring plan was not enough to save Thomas Cook, the 178-year-old travel industry icon, from bankruptcy. At the last minute, the company’s bankers demanded £200million in additional funding to pre-pay for next year’s package holiday. The demise of the travel firm this week has reignited concerns about the over-indebtedness of many …

Home Economics aims to help Canadians manage their personal finances in the age of social distancing and beyond. Job growth slows in November The Canadian economy added the fewest jobs last month since the recovery began in May. Still, the labor market proved resilient, with the country adding 62,100 jobs in November, triple the median …

BRASELTON, Ga., Aug. 05, 2020 (GLOBE NEWSWIRE) — Fox Factory Holding Corp. (Nasdaq: FOXF) (“FOX” or the “Company”) today announced that seasoned finance and strategy executive Scott Humphrey has been promoted to Chief Financial Officer (“Chief Financial Officer”) effective August 2020. Mr. Humphrey will succeed Interim Chief Financial Officer John Blocher, who will take over …

Credit Suisse-led lenders have obtained a court order to dissolve entities controlled by the family of Luckin Coffee chairman Lu Zhengyao as they attempt to collect $324.1 million in unpaid debt, according to a Cayman Islands court record. Judge Raj Parker will issue winding-up orders to two holding companies “Primus Investments Fund and Mayer Investments …

Most readers will already know that Champion Iron (ASX:CIA) stock is up a significant 55% over the past three months. Given the company’s impressive performance, we decided to take a closer look at its financial metrics, as a company’s long-term financial health usually dictates market outcomes. Specifically, we decided to study Champion Iron’s ROE in …

News and research before you hear about it on CNBC and others. Claim your one week free trial for StreetInsider Premium here. Game-Changing New Product Combines Aspects of Traditional and Reverse Mortgages to Offer Greater Option for Retired or Near-Retirement Homeowners EquityAvail creates improved cash flow by reducing monthly mortgage payments for ten years before …

(Image by Mohamed Hassan from Pixabay) For nearly three decades, UK-based charity StepChange has been helping people get back on solid financial footing, offering free advice and solutions to citizens. Working with government and creditors, StepChange aims to provide long-term solutions for people struggling with debt. However, when the COVID-19 pandemic hit the UK earlier …

According to Bloomberg, billionaire philanthropist Robert Smith is being investigated by federal officials for potentially failing to pay taxes on approximately $200 million in assets. The CEO of Vista Equity Partners has not been charged and prosecutors may determine he owes no taxes, Bloomberg said. Smith’s philanthropy includes paying off $34 million in student debt …

ONE LEGACY of the covid-19 pandemic seems certain. Governments will end up with a mountain of debt. The IMF estimates that budget deficits in rich countries will average 11% of GDP in 2020, even without containment in the second half of the year. The debt could climb from 105% to 120% of GDP. The good …

Government bonds aren’t the only instruments producing negative returns these days, with corporate debt recently surging past the $1 trillion mark in a continuing sign of a global financial shift. Investors today are faced with huge amounts of yieldless fixed income instruments. Various estimates of sovereign debt in this category put the total at more …

Sebi recently made several changes to the “segregation of mutual fund portfolios” standards amid the covid19 pandemic. The market regulator allowed mutual funds to pocket debt in cases where borrowers approached the mutual fund company for debt restructuring due to Covid 19 stress. Prior to the new rule, a separate portfolio could be created in …

Legal experts say a deal the bond trustee reached with the Roman Catholic Church of the Archdiocese of New Orleans and the federal judge presiding over its Chapter 11 case to pay post-demand interest to bondholders. Bonds are a rare achievement in bankruptcy. The archdiocese, which appears to be solvent based on court documents, filed …

Traders in short-term funding markets are already busy assessing the potential impact of the U.S. debt ceiling coming back into effect in the second half of this year, even as Congress focuses on more immediate issues like the finalizing President-elect Joe Biden’s victory this week. . The country’s borrowing limit, which was suspended in August …

What is a legal debt limit? The legal debt limit, often referred to as the debt ceiling, was the limit set by Congress on the amount of debt the U.S. government could assume. It also includes interest payments on existing debt. Once the government reaches the legal debt ceiling, it cannot take on any new …

» This page is obsolete The shorter month is filled with festive occasions and remarkable observances. From the dubious (Galentine’s Day, National Snack Food Month) to the distinguished (President’s Day, Black History Month), there’s something to celebrate on each of the 29 days of February. Partying well often means spending money and having the right …

Compiling a list of famous female financial advisors is not an easy task. Indeed, among famous financial advisors, the list of well-known women is slim. Most recognizable is media star Suze Orman. The other women included below may not be known to the general public, but they are famous in their field for being high …

(MENAFN- Khaleej Times) The Pakistani Rupee has recorded a smart rally against the US Dollar on positive economic indicators, and experts believe it will continue its upward trend despite some challenges ahead. Analysts and market pundits have said the currency will be a major beneficiary of higher GDP growth, rising foreign exchange reserves and steady …

Search mutual fund quotes, news, net asset values Addiction INE002A01018, TRUST, 500325 LIC India INE0J1Y01017, LICI, 543526 Tata Steel INE081A01012, TATASTEEL, 500470 Company of the Titans INE280A01028, TITAN, 500114 ICICI Bank INE090A01021, ICICIBANK, 532174 …

By Alexander Smith LONDON, March 8 (Reuters) – Lex Greensill’s mission to “make finance fairer” has taken him from the sugar cane fields of Bundaberg in Australia to the embossed gilt halls of Buckingham Palace. On Monday, it ended in bankruptcy proceedings. Greensill’s eponymous financial firm, once the center of a multi-billion dollar lending empire …

Illinois State Comptroller Susana Mendoza’s announcement that her office will no longer help municipalities collect fines for red-light camera violations will force the city of Park Ridge to find another means of obtaining income. But Andrea Lamberg, finance director for the city of Park Ridge, said she doesn’t think the change will have a significant …

HELENA — Montana’s campaign finance chief says both major party gubernatorial candidates made accounting errors that violated campaign finance laws — though the order involving Republican Greg Gianforte concerns a lot more money. Political Practices Commissioner Jeff Mangan said Tuesday that Gianforte’s campaign failed to properly report or use up to $182,000 in primary election …

On February 22, 2021, GOP Congresswoman Lauren Boebert’s campaign amended its campaign finance filing for mileage reimbursement. Our original story continues below. Updated February 8 at 2:45 p.m. Congresswoman Lauren Boebert’s campaign paid her $22,259 in mileage reimbursements, effectively claiming Boebert drove 38,712 miles during her campaign in 2020. It’s a number that raised eyebrows …

Cameras are slowly starting to roll again in Hollywood as the film industry begins to wake up from its coronavirus pandemic-induced slumber. Some film and television productions have resumed filming with quarantined sets and innovations such as love scenes using mannequins. FilmLA, the nonprofit that tracks production in the Greater Los Angeles area, says July-September …

The 2020 calendar year has not been good for hedge funds. Most of them recorded their worst monthly performance in May 2020, where they recorded negative returns. Yields for the one-year category — average returns for all arbitrage funds — also fell to 3.6% as of January 1, 2021, according to data from Value Research. …

Photo by Doug Mills-Pool/Getty Images The Biden administration has moved to roll back a controversial Trump-era rule that requires Medicaid recipients to work to qualify for coverage. On Friday, the Centers for Medicare and Medicaid Services sent letters to several states that have received approval for a Section 1115 waiver. CMS said it was beginning …

Even when a company loses money, it is possible for shareholders to make money if they buy a good company at the right price. For example, biotechnology and mining exploration companies often lose money for years before succeeding with a new treatment or mineral discovery. That said, unprofitable businesses are risky because they could potentially …

Abdulla bin Saud Al-Thani, Governor of the Central Bank of Qatar, reflects on the past year – and the next – with Global finance. Global Finance: How was 2020 for Qatar? Abdulla bin Saud Al-Thani: Qatar has weathered the negative impact of the Covid-19 pandemic and is well positioned to …

By Davide Barbuscia and Yousef Saba DUBAI (Reuters) – Oman is discussing a loan of at least $1 billion with a group of banks, sources said, as the Gulf oil-producing state seeks more funding before paying off heavy debts over the next two years. Rated below investment grade by all major credit agencies, Oman issued …

Jhe process has been slow and tentative, but Rolls-Royce has finally got it right: there will be a fully subscribed rights issue to raise £2bn, plus a new £3bn debt package. If the civil aviation market comes out of hibernation by 2022, that should be enough. The UK’s premier engineering company didn’t even have to …

In the United States, it’s the other way around: posted rates are the lowest and increase based on the lender’s assessment of your income, job stability, size of assets, length of of the loan and your credit history. The bottom line is that US and Canadian lenders rely on credit history reports to determine your …

Tito Mboweni, Minister of Finance Tito Mboweni: Minister of Finance national treasury In less stressed times, Finance Minister Tito Mboweni used to joke that it should be a scandal that all cabinet ministers are paid the same. Surely he should earn more than some of his colleagues? After all, he had the heavy task of …

To have some debt in your name is not always a bad thing. After all, many people need to borrow money to go to college, buy a car, own a home, and more. But it’s certainly easy to cross the line into having too much debt – too easy, unfortunately. Dealing with high monthly payments …

By Express press service HYDERABAD: The financial situation of the state is not so bright even though it has shown some green shoots of recovery after the COVID-19 induced lockdown. During the first six months of the current financial year, government revenue collection was only 26.51% and debts 78.30% compared to budget forecasts. According to …

More than three times as many businesses applied for financial support last year as they tapped into government-backed Covid-19 support schemes, new figures have revealed, prompting calls for more support to repay the debt. A total of 45% of small and medium-sized enterprises (SMEs) requested financial support, up from 13% a year earlier, according to …

Businesses across the UK are facing losses of £1.86billion due to unpaid bills despite government backing for Covid-19, an insolvency firm has revealed. Red Flag Alert, which helps businesses protect their business against financial risk, has released data showing businesses are set to write off £20m more in bad debt this year than in 2019. …

Signage is displayed outside a JC Penney Co. store in Chicago, Illinois. Christophe Dilts | Bloomberg | Getty Images For the dozens of U.S. retailers that filed for bankruptcy in 2020, that doesn’t always mean the end is near. Bankruptcies have piled up in the retail sector this year as many consumer-facing businesses that were …

Gita Gopinath is doing us a great service by calling for a revival of global fiscal policy at a time when the world is experiencing its worst economic recession in 90 years and at a time when monetary policy seems to be on its last legs (“Piège à global liquidity requires a big fiscal response”, …

Central Bank of Kenya Deputy Governor Dr. Haron Sirima addressing bankers on the first day of the 14th East Africa Banking School organized by the Institute of Kenya Bankers in Sarova Whitesands in Mombasa County on Monday August 11, 2014. [Photo/Kelvin Karani] Kenya will return to the Eurobond market to borrow at least 124 billion …

(Adds quotes and strategist details throughout, updates pricing) * Canadian dollar weakens 0.7% against the greenback * Loonie hits lowest level since Dec. 29 at 1.2835 * U.S. oil price stands 1 cent higher at $52.25 a barrel * Canada 10-year yield hits nine-month high at 0.838% By Fergal Smith TORONTO, Jan 11 ( Reuters) …

At a time of considerable economic distress, Italy could not have dreamed of a better prime minister than Mario Draghi, the highly capable and internationally respected former head of the European Central Bank (ECB). However, as long as Italy remains stuck in the euro, it is doubtful that even Draghi can breathe economic life into …

Insurance Australia Group, the country’s largest general [P/C] insurer, said on Tuesday it had no net exposure to supply chain finance firm Greensill Capital, helping its shares recover from a sharp 10% decline earlier. IAG said in a statement that since selling its 50% stake in BCC to Tokio Marine in 2019, it no longer …

BUENOS AIRES, Argentina, Jan. 04, 2021 (GLOBE NEWSWIRE) — MercadoLibre, Inc. (Nasdaq: MELI) today announced its intention to offer, subject to market and other conditions, tickets for First Lien Guarantee (the “Notes”). The offering will be MercadoLibre’s first debt offering. The Notes will include a series of senior secured durable notes (the “Sustainable Notes”). MercadoLibre …

Office buildings in New York Timur Emek | Getty Images Rising sales of corporate debt securities and shifts in the composition of the investment-grade bond market could pose risks to financial stability, the New York Federal Reserve said Wednesday. Investment-grade bond sales have surged in recent years, leaving high-rated companies with debt levels that appear …

Fans celebrate after making bets through FanDuel Sportsbook during Super Bowl LIII in East Rutherford, New Jersey. Edward Munoz | Reuters If you win the money in a bet on the Super Bowl on Sunday, remember as you celebrate that Uncle Sam can be a bit of a party-breaker. No matter where you bet — …

Do you have a financial dilemma on which you would like to get advice from a financial expert? If you would like to ask one of our finance experts a question, please email your request to [email protected] Unfortunately, we are unable to respond to all emails. Kevin Roberts, Director of the Legal & General Mortgage …

SAN FRANCISCO, March 28, 2018 (GLOBE NEWSWIRE) — Branch International, a mobile “branchless bank” for emerging markets, announces a $70 million Series B investment to expand its financial offerings to other countries. With over a million unique borrowers, Branch is already the best finance app in Africa. Branch offers credit today and plans to diversify …

Hovis, the 134-year-old British bread maker, has been sold to private equity firm Endless after a surge in bread sales during the pandemic helped spark a bidding war. British food maker Premier Foods, which sold a majority stake in Hovis to US private equity firm Gores Group six years ago, said it had agreed a …

Improves financial strength and flexibility, supporting continued execution of long-term strategy BUFORD, Ga., July 22 Sep 28, 2020 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ:ONEW) (“OneWater” or “the Company”) today announced that it has entered into a new $110 million senior credit facility (“the loan”), resulting in annual savings of more than $6 million in …

Federal law enforcement officials said Friday they believe pipe bombs discovered outside the headquarters of the Republican National Committee and the Democratic National Committee in Washington, D.C., on January 6 were planted there. the night before, and ask the public for help. to identify the suspect seen in security camera footage taken in the area. …

As a guiding principle for any profession or career, “first do no harm” is hard to beat. The Hippocratic Oath comes to mind amid reports that economists are rethinking orthodoxy on debt and public finances. After decades of warnings about unsustainable debt levels and a push for austerity programs that have inflicted incalculable damage on …

The booming corporate debt market in developing countries is an imminent crash, according to a major emerging markets hedge fund which says a lack of liquidity could lead to sharp price declines in a crisis. In a letter to investors seen by the Financial Times, Gramercy Funds Management wrote that the risk of sudden dislocations …

Online reproductive health portal Nurx has raised $52 million in new capital. Its Series C funding accounts for $32 million of that total, with an additional $20 million coming from debt financing, according to Tech CrunchThe round led by Kleiner Perkins Digital Growth Fund and Union Square Ventures with participation from Reproductive Health Investors Alliance, …

By April Joyner, Arriana McLymore NEW YORK (Reuters) – When Donnel Baird first pitched his idea in 2014 to create a technology platform that could help small apartment buildings and other urban structures become energy efficient, he got that the US government promise him $2.1 million, on the condition that he can raise a similar …

LONDON (Reuters) – Rolls-Royce RR.L plans to raise a total of 5 billion pounds ($6.5 billion), including 2 billion from shareholders, to deal with the “worst case scenario” as the travel crisis linked to the coronavirus crushes the engine manufacturer’s cash flow British. Airlines pay Rolls based on the number of hours its engines fly …

Winners of The block 2020 Jimmy and Tam Wilkins lost their $1 million prize after their buyer failed to pay for their property. The couple were forced to put their home back on the market after cybersecurity specialist Emese Fajk, 28, failed to pay Channel Nine for the property. Block winners Jimmy and Tam are …

According to government advice, SpO2 is an important indicator of pneumonia symptoms. The coronavirus pandemic has made people extremely health conscious. Wearing masks and social distancing are the new norm, with early mornings and chilly evenings when people come out of their homes to exercise – walk, run or jog. With changing lifestyles and habits, …

(InvestigateTV) – Briana Bellinger-Dawson was caught off guard when she couldn’t find her car in the parking lot outside a grocery store last spring. “I thought my car was stolen and my heart was racing,” Bellinger-Dawson said. “In general, I know exactly where I park. So, I panicked a bit. In March of last year, …

Finance Minister Nirmala Sitharaman will hold a review meeting with Heads of Banks and NBFCs on Thursday for smooth and speedy implementation of ad hoc debt relief for resolving Covid-19 related stress in bank lending . Last month, the Reserve Bank of India (RBI) authorized a one-time restructuring of corporate and personal loans without being …

Before fueling GameStop’s stock surge, Reddit’s WallStreetBets had another claim to fame: it helped popularize a series of memes centered around Federal Reserve Chairman Jerome H. Powell. and the maintenance policy of its central bank. interest rates near the bottom while buying government bonds to support the economy. “Money printer go brrrrr,” many of them …

It has been one of the few joys of the coronavirus crisis. As the menacing trucks and cars disappeared, family groups of cyclists – parents accompanied by sometimes unsteady children – took to once-off-limits routes. Less confident adults have wobbled on older mountain bikes. As the lockdown comes to an end, cycling looks set to …

U.S. non-financial corporate debt jumped an annualized record 18.8% in the first quarter, according to a report released Thursday by the Federal Reserve. A jump in corporate loans and bond issuance pushed total US non-financial corporate debt to $16.8 trillion, higher than household debt levels. Companies have likely increased their debt in an effort to …

Beer brands manufactured by Anheuser-Busch InBev NV, including Stella Artois, Budweiser, Corona, Harbin and Hoegaarden. Kyle Lam | Bloomberg | Getty Images Shares of Anheuser-Busch InBev jumped Friday morning after the company confirmed the sale of its Australian business and said it was still interested in an initial public offering of its Asian business. Shares …

2020 has been an extraordinary year in many ways. It was a year of confrontation, learning and adapting to the unknown. It changed human and societal behavior significantly. The way various markets reacted during the year would also have changed the behavior of investors. Bond investors had another year of mixed performance across various categories. …

A GameStop store is pictured in New York, January 29, 2021. Carlos Allegri | Reuters GameStop chief financial officer Jim Bell will step down next month, the video game retailer said on Tuesday, as it focuses on shifting to tech-driven sales following big bets that are making the one of the newspapers in his stock. …

Despite the financial crisis caused by COVID-19 and the club’s decades-long struggles, Melbourne said it will be debt-free by this time next year and will not have formal support from the club. ‘AFL this year and next. Considered a dying and impoverished club since at least the 1990s, the Demons chose not to be an …

Pakistan’s 106 million registered voters go to the polls on Wednesday to elect a new government. Whichever of the two main candidates wins, either a former cricketing hero or the brother of the now imprisoned former prime minister, will have to decide not if, but when, he will knock on the door of the IMF. …

Getty Images COVID-19 has exposed many weaknesses in the Canadian economy, particularly with rising debt loads across the country. With the latest net debt percentage of 53.4%, the federal government still holds the bulk of the debt compared to the provinces. However, a Fraser Institute report on debt data since the last recession in 2008 …

East Lansing Brownfield Redevelopment Authority (ELBRA) announced on Wednesday that it has reduced service on limited bond debt by $2.3 million by repaying bonds issued in 2017 used to fund parking, public infrastructure related to the Center City project. “We are delighted to have been able to find savings for this project while protecting ELBRA …

By Sinead Cruise, Iain Withers LONDON (Reuters) – More than 200 of Britain’s top financial experts have joined forces to design initiatives to help small businesses restructure and pay off up to 35 billion pounds ($44.1 billion) in debt of “unsustainable” relief from COVID-19. FILE PHOTO: People walk through the financial district of Canary Wharf …

September 4, 2020 [Updated] A website was launched for the “Free Democratic Movement”, calling on people to “vote FDM for a better Bermuda”. The website lists Marc Bean – like the former leader of the PLP – as the “leader of the movement”, while the founding members are listed as C. Eugene Dean, Kae Thomas-Palacio, …

Millennials, avocado toast, bad drinking habits, blah blah blah. At this point, the dead horse was completely beaten up and shipped to the glue factory. Anyone born between 1981 and 1996 knows full well that millennials have a bad reputation when it comes to personal finance – like if we *want* lifelong student loan debt, …

The Federal Reserve Bank of New York reported Thursday that the COVID-19 pandemic prompted household debt repayments in the second quarter of 2020, leading to the first quarter-over-quarter decline since 2014. The New York Fed’s Consumer Credit Panel, which uses national data from Equifax, shows total household debt fell by $34 billion to $14.27 trillion …

It’s no secret that Americans have some pretty sloppy financial tendencies. But a new roundup from the American Institute of CPAs (AICPA) sheds light on just how poorly we’re doing overall. Here are six troublesome personal finance trends that should inspire you to rethink your money habits. 1. US Credit Card Debt Is Rising In …

Shares of ball company BLL has outperformed the industry so far this year on strong demand for beverage cans, capacity expansion, fresh product introductions, acquisitions, upbeat results in first and second quarters, as well as exceptional backlog levels in the Aerospace segment. The stock has gained 27.2% year-to-date, outperforming the sector’s 18.6% growth. Ball Corporation …

SAN FRANCISCO–(BUSINESS WIRE)–ACORE Capital, LP (“ACORE”), one of the world’s largest credit managers focused exclusively on commercial real estate lending, today announced that it has raised $1 billion to launch ACORE Hospitality Partners (“AHP ), an investment strategy backed by a group of institutions, which focuses on providing North American hotel operators with rescue capital …

Baseball fans love looking at the numbers when speculating on the upcoming season. What if the Reds signed DJ LeMahieu, who hit .364, or Marcell Ozuna, who hit .338? The numbers that matter most this offseason, unfortunately, are the 2021 revenue and expense projections from the team’s business office. The team does not reveal these …

Planning for future emergencies? Four necessary financial tips for you New Delhi: An emergency fund helps you financially cope with a medical scare, unavoidable household repairs, sudden loss of job or salary, pay cut, or something that impacts the community like wars, social unrest or a pandemic like the current one. The Covid-19 pandemic has …

The Port Authority of New York and New Jersey’s slashed $7.3 billion budget for 2021 plans to sell $3.6 billion in bonds in 2021 as it faces massive revenue losses caused by the COVID-19 pandemic. The budget plan of the bi-state agency will be voted on Thursday. Debt service payments would increase by $160 million …

Monroe Capital LLC (“Monroe”) was selected as the recipient of three Private Debt Investor (“PDI”) awards, including the 2020 Lower Middle Market Lender of the Year Award; Lender of the Year; and the CLO Manager of the Year awards, in the Americas. PDI is an independent international publication based in London covering the private debt …

Using low-cost, long-term C-PACE financing as a primary refinancing tool now “more attractive than ever”; Existing pipeline hits $2 billion AUSTIN, TX, March 10, 2021 /PRNewswire/ — Petros PACE Finance nearly tripled its total 2019 trading volume in 2020. This included more than $100 million in retroactive commercial property rated clean energy (C-PACE) transactions, as …

Berkshire Hathaway’s Charlie Munger-backed outside fund manager Li Lu is quick to say, “The biggest risk in investing isn’t price volatility, but whether you’re going to suffer a permanent loss of capital “. When we think of a company’s risk, we always like to look at its use of debt, because over-indebtedness can lead to …

PRETORIA, SOUTH AFRICA – MARCH 16: Finance Minister Tito Mboweni briefs the media on details of government interventions in various sectors of departmental portfolios on COVID-19 at the DIRCO Media Centre. Phill Magakoe/Gallo Images via Getty Images South Africa has lost its last major investment-grade sovereign credit rating as existing economic weakness is compounded by …

T-Mobile US Inc. (NASDAQ: TMUS) suffered a widespread outage across the United States on Monday, disrupting connectivity on cellular networks. What happened According to outage tracker Downdetector, the complaints started pouring in around 12:30 p.m. ET and continued until press time. Neville Ray, President of Technology of T-Mobile recognized the issue on Twitter, and said …

Over the past few months, a Lebanese debt default has seemed a matter of when, not if. The market seems to have decided that this moment will come sooner rather than later. The price of the Lebanese March 2020 bond plunged to 57 cents to the dollar on Wednesday. That’s a huge discount for a …