Tiger Global Management LLC is falling short in attracting cash for its latest venture-capital fund, with investors so far committing about $2 billion of the $6 billion the firm had hoped to draw.
Turkey’s President Recep Tayyip Erdogan said his new economic team’s priority will be to cut inflation to single digits from its current level of around 40%.
Colombian loan quality has worsened significantly in recent months as central bank interest rate rises bite, according to the head of the nation’s biggest banking group.
Blackstone Group’s Scott Bommer, chief investment officer of its hedge fund unit’s Horizon Platform, is leaving the company due to health reasons, Reuters reported Saturday, citing two unidentified people familiar with the matter.
The CFM International engine venture plans to to roll out design enhancements late next year to make its Leap model powering the Airbus SE’s A320neo and Boeing Co.’s 737 Max more durable in harsh, dusty environments such as India and the Middle East.
The toxic smoke clouding North America isn’t just driving home climate impacts. It’s also shining a spotlight on the political barriers to shifting Canada’s economy away from producing fossil fuels.
The Allied Democratic Forces, a militia group aligned with Islamic State, is suspected of killing at least 37 students after raiding a school Friday night near the border with the Democratic Republic of Congo.
A single Tweet alleging Communist Party interference was all it took for Canada to freeze ties with a China-led development bank this week. The question now is whether other US allies will join Canada — and would Beijing even care?
OPEC and its allies need to monitor not only production of the organization’s member countries but also their exports, according to Igor Sechin, head of Russian oil giant Rosneft PJSC.
A decade ago, Paul Singer did battle with the government of Argentina — and won. Next week, the notoriously pugnacious hedge fund boss is taking on a bastion of the City of London, the 146-year-old London Metal Exchange.
