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.
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 exports rose in September on persistent demand for pricey timepieces, even as shipments to the key US and Chinese markets fell.
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).
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 Capital agreed to buy Deutsche Bahn AG’s Arriva transport business, which operates London’s iconic red double-decker buses.
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 Investment Group LLC is pitching an investment opportunity within an increasingly popular yet controversial corner of finance — funding other companies’ legal battles.
Fortress Investment Group LLC is pitching an investment opportunity within an increasingly popular yet controversial corner of finance — funding other companies’ legal battles.
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 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.