Edition:
United Kingdom

Chibuike Oguh

Carlyle leads $175 million investment round in healthcare firm Grand Rounds

09 Sep 2020

Carlyle Group Inc said on Wednesday that it led a group of investors making a $175 million investment in Grand Rounds Inc, a digital healthcare company.

Blackstone's Schwarzman emerges as Wall Street's top political donor

09 Sep 2020

NEW YORK Blackstone Group Inc Chief Executive Stephen Schwarzman has spent more than $27 million so far this year backing U.S. politicians, including President Donald Trump, making him Wall Street's largest campaign contributor, according to a Reuters review of regulatory filings.

Distressed funds eye European companies as virus support schemes ease

28 Aug 2020

LONDON/NEW YORK Funds which buy debt companies are no longer able to repay are getting ready to deploy their large cash piles in Europe, betting the easing of widespread government economic support schemes will lead to a pick-up in corporate restructurings.

Blackstone to acquire Ancestry.com for $4.7 billion

24 Aug 2020

Aug 5 Blackstone Group Inc BX.N said on Wednesday it agreed to acquire genealogy provider Ancestry.com Inc from private equity rivals for $4.7 billion, including debt, placing a big bet on family-tree chasing as well as personalized medicine.

GLOBAL MARKETS-Record-breaking stocks take a breather, data weighs on dollar

21 Aug 2020

* Dollar bounce runs out of puff as U.S. labour market looks weak

GLOBAL MARKETS-Asian stocks set to rise after Wall Street tech-driven rally

21 Aug 2020

Aug 20 Asian equities were poised to rise on Friday after a tech-driven rally on Wall Street in which the Nasdaq hit a record high despite downbeat data that affirmed the Fed's dour outlook on U.S. economic recovery.

GLOBAL MARKETS-Asian stocks slump, gold jumps after dovish Fed

20 Aug 2020

TOKYO/NEW YORK, Aug 20 Asian equities and U.S. futures fell on Thursday, hurt by the U.S. Federal Reserve's cautious view of the economy, tensions with China and new clusters of coronavirus infections.

GLOBAL MARKETS-Asian stocks, oil buckle on uncertain U.S. recovery

20 Aug 2020

TOKYO/NEW YORK, Aug 20 Asian equities and U.S. futures fell on Thursday, hurt by the U.S. Federal Reserve's cautious view of the economy, tensions with China and new clusters of coronavirus infections.

GLOBAL MARKETS-Asia shares set to dip as Fed's gloom snuffs out Wall St cheer

20 Aug 2020

NEW YORK, Aug 19 Asian equities were set to follow Wall Street's late session retreat on Thursday after the Federal Reserve warned the U.S. economy faced a highly uncertain path to recovery from the coronavirus-induced downturn.

GLOBAL MARKETS-Asian stocks pause for breath after Wall Street's record run

19 Aug 2020

SYDNEY, Aug 19 A gauge of Asian shares eased on Wednesday led by losses in Chinese and Hong Kong stocks, though it was still near a seven-month peak, driven by ever expanding policy stimulus aimed at cushioning the blow from the coronavirus pandemic.

World News