Hedge funds and private equity firms are laying the groundwork for a legal clash with the US Securities and Exchange Commission over its bid to tighten rules on disclosing fees and dealing with investors.
Abu Dhabi National Oil Co. indicated it’s prepared to boost its informal offer for Covestro AG to about €11.6 billion ($12.7 billion) on the condition the German chemicals group agrees to enter formal talks, people with knowledge of the matter said.
Brazil’s economy ended the first half of the year on better-than-expected footing according to the central bank’s main gauge of activity, as demand proved uneven weeks before the start of key rate cuts.
Activist investor Legion Partners Asset Management is again pushing for a sale of OneSpan Inc., two years after winning seats on the cybersecurity firm’s board.
Barclays Plc has hired Lee Counselman as a managing director in its technology investment banking group focused on software transactions, according to a statement reviewed by Bloomberg News.
Most people don’t use all the time off that their employers offer, and they’re checking their email anyway.
(Bloomberg) — India’s trade deficit widened last month as exports and imports stayed weak on slowing demand.
Sasol Ltd. shares dropped the most in five months after the fuels and chemicals producer said the poor performance of South Africa’s state-owned companies has affected its business and is expected to result in lower earnings.
Codelco will name its third CEO in a year in the coming weeks as Chile’s state-owned copper company struggles to turn around a slump in output and earnings. With debt at $19 billion and rising, the stakes are getting higher for bondholders.
One of Ukraine’s few home-grown investment banks is considering making a bid for a nationalized lender should the government put the company up for sale after seizing it from a group of businessmen led by billionaire Mikhail Fridman.
