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…
LEGO artists reconstruct iconic Ukrainian landmarks to raise funds for bombed school
The limited edition LEGO sets are being raffled off in order to help fund a school's rebuilding in Dnipropetrovsk Oblast. ADVERTISEMENTLEGO artists from around the…
New Sovereign Wealth Funds Have New Remits
The previous decade saw a wave of sovereign wealth funds (SWFs) driven by a commodity market boom and foreign exchange reserves. Governments from Chile to…
Schools turn to artificial intelligence to spot guns as companies press lawmakers for state funds
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated Press David A. Lieb And John HannaPublished May 12, 2024 • 4 minute read You can save…
Hedge Funds Draw Pension Money to Riskiest Corner of a $1.3 Trillion Credit Market
Breadcrumb Trail LinksPMN BusinessA high-stakes trade in the riskiest corner of a $1.3 trillion credit market is enticing some of the world’s most conservative investors,…
$400-million boost in U.S. funds for security at places of worship
NEW YORK — A $400-million increase in federal funding is available for security in places of worship, Senate Majority Leader Charles E. Schumer announced Sunday. The…
F1 and oil funds: Saudi Arabia steamrolls onto sports’ hallowed grounds
JEDDAH, Saudi Arabia — To understand the scope of Saudi Arabia’s ambitions in the sporting landscape, don’t look just to this spring’s Formula One race in…
MP Mark Menzies quits Tories after funds claims
The party says he showed a "pattern of behaviour" below standards but it "cannot conclude" party funds were misused. Source link
Tory MP suspended over alleged misuse of funds
Mark Menzies, who represents the seat of Fylde, told the Times he strongly disputed the allegations. Source link
US will not help Israel retaliate against Iran, but seeks to increase funds | News
Biden’s decision comes after Iran launched the attack over a suspected Israeli strike on its embassy compound in Syria on April 1. The United States…
Guardian Announces Changes to Guardian Capital Funds
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
Public funds to incentivise manufacturing and clean energy projects, Prime Minister Anthony Albanese says
Prime Minister Anthony Albanese wants to funnel taxpayer-funded incentives towards advanced manufacturing and clean energy projects, as Australia tries to compete with US President Joe…
Israel High Court orders freeze to ultra-Orthodox school funds; students eligible for draft
Israeli army reserve activists protest against military exemption for the ultra-Orthodox Haredi outside Prime Minister Benjamin Netanyahu's office. The High Court on Thursday ordered a…
Only 10% of levelling up funds spent, say MPs
The government's key policy to tackle inequality is being held up by "astonishing delays", a report says. Source link