UK Funds Risk Tax Hit for Underinvesting at Home, Official Warns
Breadcrumb Trail LinksPMN BusinessThe UK could claw back pension tax breaks from asset managers that fail to invest enough domestically, the head of the British…
VERSES Closes Second Tranche of LIFE Offering Bringing Aggregate Funds Raised to $5.2M From Recent Offerings
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Americans left vulnerable while tax money funds military aid abroad | Weather
With US taxpayer money flowing abroad for military aid, why are Americans left vulnerable at home?After Hurricanes Milton and Helene, a lack of coordination in…
Exeter Chiefs: Rob Baxter has funds to strengthen squad this season
Exeter have seen a host of internationals and seasoned players leave the club over the past 18 months.Jack Nowell, Luke Cowan-Dickie, Stuart Hogg, Dave Ewers…
OpenAI raises $6.6 billion in funds at $157-billion valuation
OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157-billion valuation and bolstering its efforts to…
France’s Le Pen and far-right party on trial for alleged EU funds abuse | Courts News
The long-running case threatens to scupper any bid by Le Pen for the presidency in 2027.Far-right French leader Marine Le Pen – a presidential candidate…
NYC Mayor Eric Adams charged with taking bribes, illegal campaign funds
NEW YORK — New York City Mayor Eric Adams was indicted Thursday on charges that he took illegal campaign contributions and bribes from foreign nationals, including…
New York Mayor Adams charged with taking bribes and illegal campaign funds | Courts News
BREAKINGBREAKING, The mayor of New York City was indicted on federal charges that He ‘solicited and demanded’ bribes from a Turkish official.New York City Mayor…
Short-term spending funds government into December
WASHINGTON — Congressional leaders announced an agreement Sunday on a short-term spending bill that will fund federal agencies for about three months, averting a possible partial…
U.S. sanctions Lebanese oil and LPG smuggling network that raised funds for Hezbollah
The U.S. Treasury Department Wednesday announced sanctions against a Hezbollah oil and LPG smuggling network that allegedly facilitated shipments to the Syrian government. Hezbollah fighters…
Google, California strike deal for funds to support newsrooms, develop AI
The Google brand logo hangs above the entrance to the Google Building, formerly Union Inland Terminal in New York City on January 20, 2023. Google…
Campaign funds and charity help Big Oil wield power in California
In the weeks before California lawmakers left Sacramento for their summer recess, more than a dozen environmental bills died amid heavy industry opposition in a…
Trump campaign files FEC complaint to block transfer of Biden funds to Harris
1 of 2 | The Trump campaign on Tuesday filed a complaint with the Federal Election Commission accusing Vice President Kamala Harris’ presidential campaign of…
Germany approves draft 2025 budget: Debt brake saved, funds to Ukraine halved
The German government endorses a draft 2025 budget with €481 billion in spending, including €78 billion for investments. The budget allocates €75.3 billion for NATO's…
Archegos founder Bill Hwang convicted at fraud trial over fund’s collapse | Business and Economy News
Archegos Capital Management founder Sung Kook “Bill” Hwang has been convicted of fraud and other charges by a jury in a Manhattan federal court at…
Macquarie-Backed African Renewables Investor Seeks Fresh Funds
Breadcrumb Trail LinksPMN BusinessRevego Fund Managers, which runs Africa’s first fund focused on primarily investing in operating renewable-energy assets, is seeking new investors as it…
Hedge Funds That Piled Into Big Tesla Short Stung by Huge Rally
Breadcrumb Trail LinksPMN BusinessHedge funds piled into short bets against Tesla Inc. right before the electric vehicle maker unveiled a set of numbers that triggered…
Puerto Rico sues former officials accused of corruption to recover more than $30M in public funds
Puerto Rico’s Justice Department announced Tuesday it is suing at least 30 former government officials accused of corruption to recover more than $30 million in…
Hedge Funds’ Bullish Copper Bets Run Into China’s Slowdown
Breadcrumb Trail LinksPMN BusinessCopper surged to a record on a wave of hedge fund money. Now the big question for bulls is when China's buyers…
Malaysia handed back $156m in stolen 1MDB funds, US embassy says | Corruption
US ambassador says returned assets can be used for original purpose of bettering the lives of everyday Malaysians. Malaysia has been handed back $156m in…