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Gulf States Looking to Protect Oil Assets by Playing Nice with Iran

Reuters reported on Thursday that Gulf states are concerned that an escalation between Iran and Israel could lead to attempts to engage Gulf states, threaten oil facilities and co-opt Iran. Iranian President Masoud Pezeshkian was in Doha for talks with the Gulf Cooperation Council (GCC), which includes Qatar, Bahrain, Kuwait, Oman, Saudi Arabia and the […]

Pentagon Rushes More Air, Land, and Sea Military Assets to Middle East

US coalition forces move into the Middle East to thwart an Iranian response, as Israel intensifies air operations against Hezbollah and launches ground operations in southern Lebanon to dismantle terrorist outposts threatening Israeli communities. U.S. and Israeli officials said the plane was being rushed to the United States. Monday. Pentagon spokeswoman Sabrina Singh said the […]

Assets in actively managed ETFs top $1 trillion worldwide – Yahoo Finance

Written by Suzanne McGee (Reuters) – Assets in actively managed exchange traded funds (ETFs) around the world reached a record $1 trillion at the end of August, boosted by a wave of deregulation and product innovation, data provider ETFGI said. did. Active ETFs aim to outperform the index they benchmark against, such as the S&P […]

Firms jostle to sell alternative assets to wealthy investors – Financial Times

The race is on to sell unlisted assets to wealthy private investors. Leading custody bank BNY on Monday announced plans for a platform that will make it easier for financial advisers to buy and manage investments across a range of well-known private equity, private debt and infrastructure companies for their clients. This follows three highly […]

Big Lots files for bankruptcy, to sell assets to buyout firm

Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection after struggling with declining consumer spending and sluggish sales. The Columbus, Ohio-based company plans to sell its assets and ongoing operations to private equity firm Nexus Capital Management. Big Lots, which sells furniture, home decor and other products, said in a statement on Monday […]

Intel CEO to pitch board on plans to shed assets, cut costs, source says

Intel Chief Executive Officer Pat Gelsinger and key executives plan to present a plan to the company's board later this month to cut nonessential businesses and restructure capital spending in an effort to revive the chipmaker's once-dominant position, according to people familiar with the matter. The plan also includes ideas about how to cut overall […]

Warner Bros. Discovery writes down value of TV assets by $9B

Warner Bros. Discovery said on Wednesday it was writing down the value of its television assets due to uncertainty about fees from cable and satellite distributors and sports rights renewals, sending its shares down nearly 10% in after-hours trading. The film and entertainment studio, which owns sports network TNT and streaming service Max, took a […]

Acting Secret Service Director Refused to Say Who Denied Assets to Protect Trump

During a Senate hearing on Tuesday, Secret Service Acting Director Ronald Lowe declined to identify individuals who had refused requests for security personnel for former President Donald Trump over the past two years. Sen. Ted Cruz (R-Texas) has offered Lowe a July 20, 2024 presidential nomination. The Washington Post The report alleges that “the head […]