Real Estate
BlackRock is near deal to buy private credit manager HPS
BLACKROCK is nearing a deal to buy HPS Investment Partners, a purchase that would vault the firm into the top ranks of private credit as it seeks to become...
Stellantis CEO Tavares quits and hands over to interim committee
STELLANTIS chief executive officer Carlos Tavares is stepping down after profit slumped and US sales weakened at the maker of Jeep SUVs and Fiat cars, which will be run...
Stellantis reels after CEO’s early departure leaves void
Stellantis chief executive officer Carlos Tavares’ surprise departure leaves the maker of Jeep SUVs and Peugeot cars without clear leadership at a time of significant upheaval in the industry.The...
Think the stock market boom is too ‘extreme’? Think again
From Sengkang to Sheffield or Seattle, you celebrate above-average, even huge years – like 2024 – more often than down yearsARE stocks “overbought”?
Wrong-headed bears seemingly think so, claiming...
Adani says his empire will emerge stronger after US bribery case
Indian billionaire Gautam Adani struck a combative tone in his first public remarks since US prosecutors indicted him in a US$250 million bribery scheme, saying “every attack” makes his...
JPMorgan agrees to drop lawsuit against Tesla over stock warrants
US LENDER JPMorgan Chase agreed on Friday (Nov 29) to drop its lawsuit against Tesla that accused the electric vehicle maker of “flagrantly” breaching a contract between the two...
Major Canadian media sue OpenAI in case potentially worth billions
CANADA’S biggest news organisations on Friday (Nov 29) sued OpenAI, accusing it of using their articles without permission to help train its artificial intelligence chatbot ChatGPT in a case...
Dollar sees biggest weekly drop in a year as Trump trade stalls
THE US dollar is heading for the biggest weekly loss in a year, pulling back from the sharp run up fueled by speculation that Donald Trump’s policies will push...