Monday, 1 November 2021

Reuters Business: Lazard in talks to buy hedge fund Brigade Capital Management: Bloomberg News

Lazard in talks to buy hedge fund Brigade Capital Management: Bloomberg News

Investment bank Lazard Ltd is in advanced talks to acquire hedge fund firm Brigade Capital Management, Bloomberg News reported on Monday, citing people with knowledge of the matter.

SoftBank mulls options for Fortress, including sale - Bloomberg News

SoftBank Group Corp is considering a sale of Fortress Investment Group as it explores options for the asset manager, Bloomberg News reported on Monday, citing people with knowledge of the matter.

Argentina, Fortescue unveil $8.4 bln green hydrogen investment plan

Australian mining billionaire Andrew Forrest is planning what could be up to an $8.4 billion "green hydrogen" investment in Argentina, the South American country's government said on Monday after a meeting between the businessman and President Alberto Fernandez.

US Treasury increases Q4 borrowing estimate

The U.S. Treasury said on Monday it plans to borrow $1.015 trillion in the fourth quarter, more than the August estimate of $703 billion, due to having a lower balance at the beginning of the quarter.

Amazon seeks U.S. approval to launch two internet satellites by 2022

Amazon.com on Monday asked the U.S. Federal Communications Commission for approval to launch and operate two prototype internet satellites by the end of 2022 as part of the company's effort to create a space-based satellite network.

Yellen sees some revival of U.S. labor force participation over time

U.S. Treasury Secretary Janet Yellen on Monday said she expects to see some revival of labor force participation over time but that she was uncertain about to the degree to which the current drop is transitory or permanent.

U.S. charges passenger with assaulting American Airlines flight attendant

U.S. prosecutors in Colorado on Monday charged a 20-year-old California man with assaulting a flight attendant on an Oct. 27 American Airlines flight that forced its diversion.

Qatar, Rolls-Royce to plough billions of pounds into green tech startups

Qatar and Rolls-Royce will team up in a multi-billion pound project to develop and invest in green technology start-ups in the UK and the Gulf Arab state which they hope will reach "unicorn" status as worth more than $1 billion.

Funds managed by Blackrock to sell 55 mln shares in THG - bookrunner

Multiple funds managed by Blackrock are selling about 55 million shares in British e-commerce group THG , a bookrunner said on Monday.

Under Buffett's wing, U.S. fuel retailer Pilot leaps into oil trading, eyes refining

One of the largest U.S. diesel retailers is assembling a fuels trading, processing and distribution powerhouse that could turn a truck stop operator part-owned by billionaire Warren Buffett into the Walmart of petroleum.

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