CVC Capital Partners is considering options including a sale of its significant minority stake in Philippine logistics company Fast Group after receiving interest from potential buyers, according to people familiar with the matter.
Over the past year, the oil-rich emirate of Abu Dhabi has explored a string of ambitious acquisitions in the international banking sector in an attempt to become a global financial powerhouse. None have panned out so far.
South African inflation slowed more than projected to a 13 month-low in May, easing pressure on the central bank to continue raising interest rates.
Other winners from World’s 50 Best included Spain, Dubai and a New York Korean tasting menu spot.
Italy has become the ultimate test for how a Western economy can roll back its deep dependence on China without making an enemy out of Beijing
UK inflation remained higher than expected for a fourth month, leading to a flurry of bets that the Bank of England will raise interest rates to near 6% and drive up the cost of mortgages.
Investors should consider hedging the rally in the S&P 500 for recession-related risks, say Goldman Sachs Group Inc. strategists, citing several equity indicators.
Singapore, Indonesia and Malaysia may face the most severe haze in at least five years due to the likelihood of a strong El Nino that will bring hotter and drier weather, according to a new report.
Sequoia Capital-backed mobility company Bolt Technology OU will begin using robots to deliver customers’ food orders in a new partnership announced Wednesday.
A group of Credit Suisse Group AG’s European bondholders who were part of the $17 billion wipe-out in the bank’s demise sued its former executives, pointing to a “broken culture” and a series of scandals they trace to its New York-based investment banking operation.
