Finance

BEIJING, June 20 (Reuters) – Long-touted changes to China’s tax system will focus on allowing local governments to retain more fiscal revenues, say policy advisers, widely seen by markets as an important step towards removing an immediate threat to financial […]

June 19 (Reuters) – Hamilton Lane (HLNE.O), opens new tab raised $5.6 billion as part of its Hamilton Lane Secondary Fund VI, exceeding its initial target, the investment management company said late on Tuesday. The fundraising, the biggest in the firm’s history, […]

June 20 (Reuters) – HSBC (HSBA.L), opens new tab said on Thursday it had appointed Goldman Sachs veteran Danielle Johnson as the global head of its institutional client group within the global banking and markets business, effective June 3. Johnson spent over […]

MOSCOW, June 20 (Reuters) – Sberbank (SBER.MM), opens new tab expects to send at least $11.6 billion in tax and dividends to Russia’s federal budget this year and may build on 2023’s record profits as Western sanctions reduce competition, its finance chief […]

Private-equity firm Carlyle Group CG 0.74%increase; green up pointing triangle is expanding its exploration and production assets with the acquisition of operations in Italy, Egypt and Croatia from Energean ENOG 2.13%increase; green up pointing triangle for $820 million. The company said Thursday that the assets will form part […]

LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche Bank in a deal that will help the company triple sales in the next couple of years and move closer toward an […]

BEIJING, June 20 (Reuters) – Long-touted changes to China’s tax system will focus on allowing local governments to retain more fiscal revenues, say policy advisers, widely seen by markets as an important step towards removing an immediate threat to financial […]

MUNICH/BEIRUT, June 19 (Reuters) – German authorities have cancelled their arrest warrant for Lebanon’s former central bank chief for technical reasons, but are continuing their probe and keeping his assets frozen, the Munich prosecutor’s office told Reuters on Wednesday. Riad […]

LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche Bank in a deal that will help the company triple sales in the next couple of years and move closer toward an […]

BRUSSELS, June 17 (Reuters) – U.S. grains merchant Bunge and Glencore-backed (GLEN.L), opens new tab Viterra’s plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July 18, a European Commission filing showed on Monday. […]