(Reuters) – London-based Signature Aviation said on Thursday it has received a takeover approach from U.S. group Carlyle Investment Management, although no proposal has been tabled. Carlyle’s interest comes as the company is in talks with Blackstone about a $5.17-per-share buyout proposal. It had rebuffed what it called an “indicative proposal” from Global Infrastructure Partners on Dec. 17. Source: Read […]
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FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration/File Photo(Reuters) – The total market value of all cryptocurrencies rose above $1 trillion for the first time on Thursday as Bitcoin surged to a record high, according to data by crypto coin trackers CoinMarketCap and CoinGecko. Bitcoin has […]
Read moreBOSTON (Reuters) – D.E. Shaw’s largest hedge fund gained 19.4% after fees last year, almost doubling its returns from the previous year during a period of wild and unexpected business conditions. Gains were fueled mainly by systematic and discretionary strategies, said a person familiar with the returns but not authorized to discuss them publicly. The broader stock market index S&P […]
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LONDON (Reuters) – Financial markets are likely to be hit more often by the kind of upheaval unleashed by the COVID-19 pandemic and central banks need new tools to deal with powerful investment firms at the heart of such events, a Bank of England official said.FILE PHOTO: A general view shows the Bank of England in London, Britain, December 17, […]
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Jim Callinan manages the $217.6 million Osterweis Emerging Opportunity Fund, which returned 83.24% and beat 97% of its category peers in 2020, according to Morningstar data. Callinan's investment philosophy hinges on how sales growth drives margin expansion and then margin expansion and earnings growth drive stock prices. In an interview, he breaks down the five key secular growth trends and […]
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FILE PHOTO: A woman walks her dog in the snow as stricter lockdown measures are in place to contain the spread of the coronavirus disease (COVID-19) in Munich, Germany, January 6, 2021. REUTERS/Andreas GebertBERLIN (Reuters) – Germany faces the risk of a much longer coronavirus lockdown if the federal states do not consistently implement tougher restrictions, especially in light of […]
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TORONTO (Reuters) – Canadian mergers and acquisitions (M&A) fell to a nine-year low in 2020 as the pandemic put brakes on companies’ growth strategies, but bankers expect the pickup in deal-making in the fourth quarter to revive activity this year.FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto January […]
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DUBAI (Reuters) – Arab states boycotting Qatar could resume travel and trade links with Doha within a week under a U.S.-backed deal, but restoring diplomatic ties requires more time as parties work to rebuild trust, a United Arab Emirates official said on Thursday.FILE PHOTO: UAE Minister of State for Foreign Affairs Anwar Gargash is seen during preparatory meeting for the […]
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(Reuters) – Outgoing U.S. President Donald Trump has toughened his stance towards Beijing in the final months of his presidency with a slew of measures targeting Chinese companies.FILE PHOTO: U.S. President Donald Trump departs on travel to West Point, New York from the South Lawn at the White House in Washington, U.S., December 12, 2020. REUTERS/Cheriss May//File PhotoHere is an […]
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