KKR raises $19 billion for flagship North America private equity fund

Buyout firm KKR & Co Inc said on Monday it has raised $19 billion from investors for its latest flagship North America private equity fund, its biggest fund ever.

newspaper

25-04-2022

Graphic chip price drop raises questions on whether end of shortage is in sight

A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week.

newspaper

25-04-2022

Analysis-U.S. trucking downturn foreshadows possible economic gloom

Craig Fuller monitors millions of transactions between U.S. truckers and their customers as chief executive of transportation data company FreightWaves - and he does not like what he is seeing.

newspaper

25-04-2022

China c. bank discusses asset disposals by property firms, sources say

HONG KONG/BEIJING (Reuters) -China's central bank met banks last week to discuss the disposal of non-performing assets by property developers, four sources with knowledge of the matter said, as regulators seek to shore up the real estate industry which has been knocked by defaults.

newspaper

25-04-2022

Truckmaker MAN resumes production after Ukraine crisis supply gap

BERLIN (Reuters) -German commercial vehicle maker Traton's MAN unit restarted production from Monday after a six-week gap caused by supply problems resulting from the war in Ukraine, the company said on Monday.

newspaper

25-04-2022

Exclusive - Germany to hike 2022 inflation forecast to 6.1% - document

The German government is set to hike its inflation forecast for this year to 6.1% due to the impact of the war in Ukraine, up from 3.3% it had forecast in January, according to government document seen by Reuters.

newspaper

25-04-2022

Japan's Mizuho plans to bulk up U.S. M&A advisory, equity underwriting

Mizuho Financial Group plans to beef up its U.S. operations for M&A advisory and equity underwriting, its chief executive said, as Japan's No. 3 lender aims to grab a bigger share of the world's largest investment banking fee pool.

newspaper

25-04-2022

Morgan Stanley cuts euro zone GDP forecasts

Morgan Stanley said on Monday it had revised down its economic growth forecasts for the euro area this year and the next, anticipating a meaningful slowdown in economic growth in the second half of this year.

newspaper

25-04-2022

Oil slides as Shanghai lockdowns stoke demand fears

LONDON (Reuters) -Oil slumped to about two-week lows on Monday, extending last week's decline, as concern grew that prolonged COVID-19 lockdowns in Shanghai and potential increases to U.S. interest rates would hurt global economic growth and oil demand.

newspaper

25-04-2022