Japan's SoftBank Group (SFTBF) is evaluating around 40 Brazilian companies with high growth potential for possible investments, the group's head in Brazil, André Maciel, said on Friday. The executive said that SoftBank will announce a large investment in Brazil in around two weeks' time.
JERSEY CITY, N.J., Sept. 20, 2019 The Dharma Group is pleased to introduce their new management company, Dharma Hospitality Solutions. Dharma Hospitality Solutions will be managing STR programs under the Dharma Home Suites brand.
British Finance Minister Sajid Javid is planning a pre-election giveaway Budget in the week of October 21 if UK strikes a Brexit deal with the European Union, the Financial Times reported on Friday.
WASHINGTON-- The U.S. blacklisted the central bank of Iran and two other major state financial institutions, President Trump said Friday, severing some of Iran's last remaining ties to world markets in a move meant to punish Tehran for attacks on critical oil supplies in Saudi Arabia last week. The sanctions issued under new counterterrorism powers represent the Trump administration's plan to largely avoid a military response to the attacks. They also are meant to bolster...
Innovative Industrial Properties Inc (IIPR) : * Innovative Industrial Properties Inc (IIPR) - MAY OFFER AND SELL FROM TIME TO TIME THROUGH SALES AGENTS, UP TO $250 MILLION OF SHARES OF ITS COMMON STOCK Source text: Further company coverage:
By Alexander Osipovich and Avantika Chilkoti. U.S. stocks turned lower Friday after reports that a Chinese trade delegation would be returning home earlier than expected, souring hopes that Washington and Beijing were moving toward a trade deal. The news capped off an eventful week that featured turmoil in money markets and an attack on oil facilities in Saudi Arabia that triggered dramatic swings in crude prices.
Two major Democratic presidential candidates plan to visit striking General Motors (GM) workers in Detroit in the coming days as a five-day-old labor dispute threatens to enter its second week. Senator Elizabeth Warren will join workers on the picket line outside GM's Detroit-Hamtramck plant on Sunday, while Senator Bernie Sanders will do the same on Wednesday.
President says he didn't have' dicey' conversation with foreign leader. President Donald Trump on Friday said he didn't need a trade deal with China before the 2020 elections, as he rejected a partial agreement and said "we have to do it right." Trump also announced the U.S. imposed sanctions on Iran's central bank and denied having had an improper call with a foreign leader that's central to a whistleblower complaint.
* China agriculture delegation scraps U.S. farm visit to Montana. * MSCI world equity index slips. * Central bank easing helps risk sentiment but trade tensions hurt. * Treasury yields fall; dollar falls vs yen. * Oil prices edge higher. By Saqib Iqbal Ahmed.
A sharp rally in the bonds of three distressed companies-- McDermott International Inc. (MDR), California Resources
Corp. (CRC) and PG&E Corp.-- dominated trading in the corporate bond market Friday. The surge marks a rebound after earlier selloffs in the debt, showing how volatile trading in riskier bonds has become amid investor uncertainty about geopolitics, interest rates and economic growth. McDermott's 10.625% bond due 2024 more than doubled in price today and was the most actively...
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