Canadian venture capital investors have about $10 billion of dry powder to spend and cash-hungry startups are going to need it soon, according to the government’s bank for small business.
The World Bank agreed on a new partnership with Tunisia’s government, moving past a chill in ties as alarm grows about the country’s finances.
South Africa expects private companies to add more than 4 gigawatts of electricity generation capacity to the grid by the end of 2024, as the government accelerates efforts to increase private sector participation in its power, rail and water industries.
Whether they favor debt-limit brinkmanship or not, most Americans are alarmed by the level of US government borrowing. Treasury Secretary Janet Yellen isn’t one of them.
(Bloomberg) — European banks should avoid paying out too much excess capital to shareholders after turmoil in other jurisdictions clouded the outlook for the industry, according to a top European Central Bank official.
After a 31% surge in the US technology-heavy Nasdaq 100 Index this year, market strategists are at odds about whether investor positioning is getting crowded and if that could put the rally under pressure.
Tesla Inc.’s Elon Musk met more government officials on the second day of his trip to China, having opened his first visit since before the pandemic by emphasizing the importance of maintaining ties with the nation.
The US urged Serbia and Kosovo to immediately de-escalate tensions in northern Kosovo after clashes injured dozens of peacekeepers and protesters, intensifying the international call for calm.
Billionaire Daniel Kretinsky is planning to offer a way out with no losses for Casino Guichard Perrachon SA’s most senior creditors.
Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the environmental and safety impact of an expanding fleet of aging vessels plying major shipping lanes.
