Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
(RTTNews) - Air France-KLM Group (AFRAF.PK) reported Thursday narrower loss in its first quarter, benefited by higher revenues, traffic and capacity supported by a favourable demand environment.
(RTTNews) - Air France-KLM Group (AFRAF.PK) reported Thursday narrower loss in its first quarter, benefited by higher revenues, traffic and capacity supported by a favourable demand environment.
Good morning . Oil hits a wartime record. Big Tech delivers a flood of earnings. And Europe’s central bankers will decide on rates today. Listen to the day’s top stories . Market Snapshot S&P 500 futures 7,154.50 -0.2% Nasdaq 100 futures 27,276.25 -0.2% WTI crude oil futures $109.46 +2.4% Market data as of 06:34 AM GMT. Data is subject to provider delays. Brent crude rallied to a wartime high of $...
Good morning . Oil hits a wartime record. Big Tech delivers a flood of earnings. And Europe’s central bankers will decide on rates today. Listen to the day’s top stories . Market Snapshot S&P 500 futures 7,154.50 -0.2% Nasdaq 100 futures 27,276.25 -0.2% WTI crude oil futures $109.46 +2.4% Market data as of 06:34 AM GMT. Data is subject to provider delays. Brent crude rallied to a wartime high of $126 after Axios reported that Donald Trump will be briefed today about new military options in Iran. The US president had earlier told the news outlet that he would not lift his naval blockade without a nuclear deal. Check out our Markets Today live blog for all the latest news and analysis relevant to UK assets. A frenzied Wednesday of earnings showed Alphabet and Amazon outpacing Meta in artificial-intelligence progress. Microsoft posted firmer revenues. European banks including Standard Chartered , BNP Paribas and Societe Generale outstripped expectations. The Federal Reserve left rates unchanged but was deeply divided at Jerome Powell’s last meeting as chair, with some dissenting over its easing bias. That means incoming Trump pick Kevin Warsh may meet more resistance toward immediate rate cuts as he moves closer to heading the central bank. The European Central Bank and Bank of England are up next, with both set to hold rates today while policymakers bide time on responding to economic fallout from the Iran war. Anthropic’s plan to expand access to its Mythos AI model is being opposed by the White House, the Wall Street Journal reported. Separately, the company is considering funding offers that would value it at more than $900 billion , according to people familiar. Labour Set to Lose 1,850 Seats in Local Vote Imperiling Starmer Hungary’s Magyar Sees Political Deal Over EU Funds By End-May Spain Seeks to Block Private Firms from Running State Hospitals Deep Dive: Kosovo’s Tech Saviors From the rooftop terrace of Kosovo’s innovation center, Shpend Lila pointed out a re...
Investindustrial has raised €1.5 billion ($1.75 billion) for its latest lower mid-market private equity fund, surpassing an initial target in a speedy four-month raise. Total commitments for Investindustrial Lower Mid-Market IV exceeded a €1.25 billion target, according to a statement reviewed by Bloomberg News. The new vehicle is bigger than the predecessor €1.1 billion fund that Investindustrial...
Investindustrial has raised €1.5 billion ($1.75 billion) for its latest lower mid-market private equity fund, surpassing an initial target in a speedy four-month raise. Total commitments for Investindustrial Lower Mid-Market IV exceeded a €1.25 billion target, according to a statement reviewed by Bloomberg News. The new vehicle is bigger than the predecessor €1.1 billion fund that Investindustrial raised in 2023 and will focus on southern European businesses. Private equity dealmaking remains patchy amid an uncertain economic backdrop, and geopolitical shocks have also made it harder to exit assets via the public markets. This has slowed returns and made investors more selective about the firms with which they are prepared to park cash. “There is a real bifurcation in the market between the large asset gatherers, and players that have a clear strategy and remain focused on doing deals and building better companies,” Andrea C. Bonomi , chairman of the industrial advisory board at Investindustrial, said in an interview. Investindustrial turned to existing investors to reach its target of €1.25 billion, with the additional €250 million reserved for new backers from North America, Asia and the Middle East, according to the statement. “We could have taken more but we deliberately capped it to maintain a disciplined approach and to prioritize existing investors,” Bonomi said. Bonomi is heir to one of Italy’s oldest industrial families. He’s best known for deals with Aston Martin and Ducati Motor Holding SpA , and helping to take Italian luxury fashion house Ermenegildo Zegna NV public in New York through merging with a blank-check company in 2021. In recent years, Investindustrial has struck a number of deals in the food sector, involving companies like Spanish ice-cream maker Grupo Alacant, Italian baked goods chain Forno d’Asolo and food chain Eataly. The firm’s lower mid-market strategy has made 20 platform investments and a further 80 add‑on acquisitions globally. “LP...