 | | | | Italy's parliament has extended Rome's special vetting powers to protect its key national assets by including the hydroelectric sector and new companies that plan to operate in industries deemed strategic, lawmakers said on Monday. | | | | | | Private equity firm Carlyle Group Inc told Reuters on Monday it has agreed to acquire U.S. specialty insurance provider NSM Insurance Group from White Mountains Insurance Group Ltd for $1.78 billion in cash. | | | | | | Emerging market sovereign debt is at the "mercy" of the Federal Reserve's interest rate decisions, JPMorgan analysts said in a note on Monday, as the U.S. central bank's rate raises drain capital from developing markets. | | | | | | Israel's central bank said on Monday it had received public support for its plans to possibly issue a digital shekel on grounds it would help the economy by supporting innovation in the payments system, reducing the amount of cash and bolstering the fintech sector. | | | | | | Fewer than a fifth of actively managed emerging market equity funds have cut their exposure to Russian stocks to zero, data from Copley Fund Research shows, with a number of funds unable to sell out. | | | | | | Brazilian lender Itau Unibanco Holding SA reported on Monday that first-quarter recurring net income rose 15% year on year, driven by higher credit volume as its loan book accelerated, and reaffirmed its guidance for the full year. | | | | | | Japan's SoftBank Group Corp is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts said, after investors sold off the high-growth stocks favoured by the fund with questions about their earnings potential. | | | | | | Already sitting on double-digit losses this year, stock market investors must brace for more, as the realisation sinks in that the U.S. Federal Reserve intends to tighten financial conditions to get on top of red-hot inflation. | | | | | | United Arab Emirates buy now, pay later platform Cashew announced on Monday it had secured up to $10 million in debt and equity financing from local lender Mashreqbank PSC which would now help it expand faster. | | | | | | Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. | | | | | |
