The Ritz-Carlton Yacht Collection, a provider of luxury travel for the world’s wealthy, is seeking to raise as much as $400 million to add to its fleet of superyachts, people with knowledge of the matter said.
The Bank of Canada held interest rates steady and kept the door open to further hikes, with economists seeing its historic tightening cycle at its likely endpoint.
The Senate confirmed Philip Jefferson as vice chair of the Federal Reserve on an 88-10 vote Wednesday, with other central bank nominations also on deck for confirmation votes.
Blackstone Inc.’s nearly $50 billion private credit fund for affluent individuals attracted the most capital in more than a year, as the asset class sees a rebound in fundraising.
Billionaire Patrick Drahi said that his debt-laden telecommunications empire Altice would unveil different options for de-leveraging in the coming days, including an “equity raise and partnerships with different players.”
The blank-check company started by former IndyCar driver Michael Andretti is merging with Boston-based artificial intelligence startup Zapata AI, according to a statement Wednesday.
European Central Bank chief Christine Lagarde is risking a showdown with the European Parliament as the race to appoint the euro zone’s top banking supervisor nears a conclusion.
Spanish Prime Minister Pedro Sanchez wants assurances from Catalan separatists that they will back key legislation over the next four years in exchange for an amnesty for officials and politicians linked to an illegal independence push.
Riot Platforms Inc., one of the largest Bitcoin miners in Texas, said it earned a record $31.7 million from power credits during the August heat wave that swept across the Lone Star State.
One of green steel’s biggest players gets a huge boost in its quest to decarbonize a heavily polluting industry.
