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Swedish Fund Hit by SVB Sees Loss in Alternatives Portfolio

The Swedish pension group caught up in the fallout of Silicon Valley Bank this spring suffered losses in the portion of its portfolio exposed to European real estate.

Swiss Watch Price Increases Help Boost Exports Again 

Swiss watch exports rose in September on persistent demand for pricey timepieces, even as shipments to the key US and Chinese markets fell.

Property Portal OnTheMarket Surges 53% on $120 Million Takeover by CoStar

Shares of UK property portal OnTheMarket Plc rallied the most on record after US real estate firm CoStar Group Inc. agreed to take over the firm in a transaction valued at about £99 million ($120 million).

Property Portal OnTheMarket Surges 53% on $120 Million Takeover by CoStar

Shares of UK property portal OnTheMarket Plc rallied the most on record after US real estate firm CoStar Group Inc. agreed to take over the firm in a transaction valued at about £99 million ($120 million).

I Squared to Acquire London Bus Operator Arriva 

I Squared Capital agreed to buy Deutsche Bahn AG’s Arriva transport business, which operates London’s iconic red double-decker buses.

Israel’s Iron Dome Risks Getting Overstretched If War Against Hamas Widens

Israel’s high-tech air defense system, the Iron Dome, risks getting overwhelmed by missile attacks if the escalating war with Hamas in Gaza expands into a wider regional conflict.

Fortress Has Plowed $6 Billion Into Other Companies’ Lawsuits

Fortress Investment Group LLC is pitching an investment opportunity within an increasingly popular yet controversial corner of finance — funding other companies’ legal battles.

Fortress Has Plowed $6 Billion Into Other Companies’ Lawsuits

Fortress Investment Group LLC is pitching an investment opportunity within an increasingly popular yet controversial corner of finance — funding other companies’ legal battles.

Tusk Confronts Poland’s Hostile Media Machine After Election Win

The next government faces a tough task unpicking the nationalist ruling party’s power grab. The first step is to rebuild the national broadcaster.

Sri Lanka Bondholders’ Proposal Sees Government Pushback

Sri Lanka is taking an unfavorable view toward a proposal by foreign dollar bondholders for restructuring its debt, signaling possible complications in negotiations that are key for accessing further funding to support its economic recovery.

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