Jun Bei Liu, Co-founder and Lead Portfolio Manager at Ten Cap, discusses her outlook for markets and investment strategy. She speaks with Haidi Stroud-Watts on Bloomberg: The Asia Trade. (Source: Bloomberg)
Jun Bei Liu, Co-founder and Lead Portfolio Manager at Ten Cap, discusses her outlook for markets and investment strategy. She speaks with Haidi Stroud-Watts on Bloomberg: The Asia Trade. (Source: Bloomberg)
Ryan LLC , backed by Neuberger and Onex Corp. , has agreed to acquire European tax adviser Svalner Atlas Advisors, according to people familiar with the matter. The deal values Svalner Atlas at more than $400 million including debt, the people said, asking not to be identified because the information is private. The transaction could be announced as early as this week, though the timing and other ...
Ryan LLC , backed by Neuberger and Onex Corp. , has agreed to acquire European tax adviser Svalner Atlas Advisors, according to people familiar with the matter. The deal values Svalner Atlas at more than $400 million including debt, the people said, asking not to be identified because the information is private. The transaction could be announced as early as this week, though the timing and other details may still change, the people said. The process was competitive, the people added, with Ryan beating out EQT AB for the asset. Representatives for Ryan, Neuberger, Onex, Svalner Atlas and EQT didn’t immediately respond to requests for comment. Ryan, based in Plano, Texas, specializes in tax services and technology for multinational corporations and large enterprises. In particular, the firm offers tax recovery, which involves helping companies reassess taxes in different jurisdictions. It serves over 74,000 clients in more than 80 countries. Ryan was valued at about $7 billion earlier this year when Neuberger bought a minority stake. It is led by G. Brint Ryan , founder, chairman and chief executive officer. Svalner Atlas formed after a merger in 2024 of three firms in Sweden, Finland and the Netherlands, according to a press release at the time. It has 400 professionals and its backer is Sweden-based Consolid Equity, which didn’t immediately respond to a request for comment. Octus reported earlier this year that the owners were exploring a potential sale and had appointed banks.
US Officials Suspect Iran Used Chinese Missile To Bring Down F-15E Warplane: Report Via The Cradle US officials believe that a Chinese-made shoulder-fired missile was likely used by Iranian forces to shoot down a US F-15E Strike Eagle over southwestern Iran last month , NBC News reported Saturday. The incident marks the first time in decades that the US has had to acknowledge that one of its jets ...
US Officials Suspect Iran Used Chinese Missile To Bring Down F-15E Warplane: Report Via The Cradle US officials believe that a Chinese-made shoulder-fired missile was likely used by Iranian forces to shoot down a US F-15E Strike Eagle over southwestern Iran last month , NBC News reported Saturday. The incident marks the first time in decades that the US has had to acknowledge that one of its jets was shot down by enemy fire, although three F-15Es were also shot down in Kuwait in March. Illustrative, via Reuters/stringer Washington insists the Kuwait incident was due to 'friendly fire,' even as Iran claims responsibility. Following the downing of the F-15E in southwestern Iran, the Pentagon allegedly launched a two-day rescue operation to recover the aircraft’s two-man crew, whose names and photos have not yet been made public . While US officials continue to investigate the specifics of the shootdown, intelligence sources suggest that Beijing may also have provided Tehran with an advanced, long-range early-warning radar, the YLC-8B , designed to track stealth aircraft. US President Donald Trump previously said that Chinese President Xi Jinping had personally "promised" him that Beijing would not supply military hardware to Iran , adding, "That’s a beautiful promise. I take him at his word . I appreciated it." However, reports of Chinese-manufactured man-portable air defense systems, or Manpads, being found on the battlefield have raised questions about those assurances. In response to the allegations, the Chinese Embassy in Washington issued a statement rejecting the claims as "groundless smear and ill-intentioned association," saying that "China always acts prudently and responsibly on the export of military products," in accordance with international regulations. Recent US intelligence indicates that Beijing might be planning to supply more air defense weapons to Iran soon. Iran Suspected of Using Chinese-Made MANPADS to Shoot Down U.S. F-15E Fighter pic.twitter.c...
In this article HTHT Follow your favorite stocks CREATE FREE ACCOUNT Workers make US flags ahead of the 2026 World Cup football tournament, at a factory in Qingdao, in China's Shandong province on May 28, 2026. - | Afp | Getty Images BEIJING — China's factory activity expanded in May, a private survey showed Monday, beating expectations, although growth slowed from the previous month . The seasona...
In this article HTHT Follow your favorite stocks CREATE FREE ACCOUNT Workers make US flags ahead of the 2026 World Cup football tournament, at a factory in Qingdao, in China's Shandong province on May 28, 2026. - | Afp | Getty Images BEIJING — China's factory activity expanded in May, a private survey showed Monday, beating expectations, although growth slowed from the previous month . The seasonally-adjusted RatingDog China General Manufacturing Purchasing Managers' Index came in at 51.8, a touch above the 51.6 expected in a Reuters poll. The reading was down from April's 52.2, indicating a slower pace of improvement in manufacturing conditions. The 50 mark separates expansion from contraction. China's official manufacturing PMI for May fell to 50 from 50.3 in April, in-line with expectations and the lowest since a 49 print in February, according to data released Sunday . Overall, the official PMI "suggest subdued manufacturing sector growth, increased services activity, and continued decline in the construction industry," Goldman Sachs analysts said in a report Sunday. While China's retail sales growth hit a 40-month low in April, official figures showed overall domestic tourism and spending picked up during an extended May 1 holiday . Chinese hotel group H World said the 10 most popular destinations by occupancy rate were in smaller cities. Rates tend to be lower in those regions than major cities. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.