Quest Global Services Pte’s co-founder and Carlyle Group Inc. are in talks to buy separate minority stakes in the engineering services firm worth a combined $640 million, according to people familiar with the matter.
Treasury Secretary Janet Yellen warned that “time is running out” to avert an economic catastrophe from failing to raise the debt ceiling, speaking before Tuesday’s meeting between President Joe Biden and congressional leaders on the standoff.
Qatar is considering plans to increase trading in local stocks in a bid to draw more foreign investor interest and deepen markets.
Partners Group Holding AG is looking at resurrecting the sale of its public sector software firm Civica in the second half of the year, after scrapping previous plans to cash out at least twice before.
Israel’s immigration authorities are illegally storing millions of photos of citizens and foreign nationals, according to a government audit released on Tuesday that raised concerns about the country’s use of mass surveillance.
Mercedes-Benz AG will launch a new line of high-end electric camper vans, the latest move in the German automaker’s bid to boost profit by shifting further upmarket.
Subway operators and bus drivers in New York City’s transit system are working without a contract after negotiations with the Metropolitan Transportation Authority failed to produce a new labor deal.
Federal Reserve Bank of Cleveland President Loretta Mester said the central bank is unable to do much about slow long-term economic growth but can “do its part” by curbing inflation.
Shake Shack Inc. has appointed Jeffrey Lawrence, the former chief financial officer of Domino’s Pizza Inc., as an independent director as the burger chain moves to settle a battle with activist investor Engaged Capital.
Saudi Arabia’s plans for another multibillion-dollar offering of Aramco stock are gaining fresh momentum, with any deal set to be one of world’s largest share sales in recent years, people with knowledge of the matter said.
