• Fri, January 17, 2025

by: MoneyWeek

Should mortgage lending rules be relaxed to boost the UK economy?

Chancellor Rachel Reeves has been seeking ideas from financial regulators on how to boost the economy amid concerns about the UK's prospects due to higher taxes announced in the Autumn Budget. It comes as UK GDP came in at just 0.1% for November.

by: Forbes

The Evolution Of Business Travel And Fintech: Predictions For 2025

It's clear to me that in 2025, investments in cutting-edge technologies will drive profound change. Companies are increasingly focused on enhancing personalization, efficiency and security, which set the stage for a future where technology revolutionizes both business travel and fintech.

by: bnnbloomberg

The Daily Chase: Carney and Freeland make it official

It's been another eventful 24 hours in Canadian politics as former Bank of Canada head Mark Carney and former finance minister Chrystia Freeland have both officially tossed their hat into the ring to be the next leader of the Liberal Party and Canada's Prime Minister.

by: Kiplinger

SLB Stock Jumps on Earnings, Dividend Hike and Buyback News

SLB stock is soaring Friday after the energy firm reported strong fourth-quarter earnings and unveiled several shareholder-friendly initiatives.

by: Reuters

Wall Street banks sense opportunity for looser capital rules as Trump ushers in new era

Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.

by: Oregonian

Meet the 11 House members, 8 senators newly sworn in to the Oregon Legislature

The Oregon House will get its first Japanese American representative after Multnomah and Washington county commissioners voted to appoint Bethany Democrat Mari Watanabe to a vacant seat in the state House.

by: AOL

Retail CEOs wrestle with potential rising costs as new Trump tariffs loom

Dollar Tree CEO Michael Creedon said at its third quarter earnings call that the team can mitigate risk based on its experience in 2018 and 2019. Overall, direct imports make up 41% to 43% of Dollar Tree's total retail value purchases, and China supplies the majority of those imports, per a company filing.

by: CNET

Wildfire Scams: Who They're Targeting and How to Spot Them

Officials in California are warning the public about scams targeting wildfire relief donors with bogus charities.

by: worldconstructionnetwork

Robertson and Balfour Beatty appointed for North Schools Programme in Scotland

Robertson and Balfour Beatty have been named as the preferred contractors for the construction of five new educational facilities as part of the North Schools Programme in Scotland.

by: Observer

Wall Street CEOs Are Eagerly Awaiting Trump's Pro-Business Policies

Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank executives.

by: MSN

How ESG will accelerate growth in Indian companies

As per KPMG in India's 2024 India CEO Outlook, CEOs in India and across the world are taking a long-term view on ESG investments, with many expecting significant returns within five to ten years.

by: MSN

2 Business Experts Share Their Worst Financial Mistakes and How They Overcame Them

There are few things as stressful as making a financial blunder. Making these kinds of mistakes can affect your confidence, your peace of mind and, of course, your finances. The

by: Reuters

US mid-sized banks ride industry upswing on robust fee income

A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an upswing in capital markets alleviated a hit from weaker loan demand.

by: Reuters

Truist beats quarterly profit estimates on investment banking gains

Truist Financial on Friday exceeded Wall Street estimates for fourth-quarter profit, helped by stronger investment banking and trading activity as capital markets strengthened.

by: MSN

Capricorn Daily Horoscope Today, January 18, 2025 predicts fortune for job seekers

Horoscope Today, January 18, 2025 to know your astrological predictions. No major monetary issue will exist today.

by: MSN

January 18, 2025, Birthday Forecast: Year of success ahead for you

For those born on January 18th, 2025 promises growth and achievements in career and finance, strengthened relationships, and stable health, with a focus on wellness and regular checkups. Travel, especially leisure and foreign trips,

by: Reuters

Private equity 'secondary' sales hit record as Ardian closes $30 bln fund

The secondary market for private equity funds saw record transaction volumes last year as buyout bosses and their investors looked for ways to generate cash amid a downturn in dealmaking.

by: MSN

Shuffle Board: Authentic Appoints Former Gaming Exec as President

Matt Maddox, former CEO of Las Angeles Strip casino operator Wynn Resorts, succeeds Nick Woodhouse as president of Authentic Brands Group.

by: MSN

Mayor Brandon Johnson's finance reports show trouble raising money, accounting for it

Mayor Brandon Johnson's latest campaign finance reports suggest ongoing issues with sloppy clerical work as well as fundraising, a troubling sign for the freshman mayor midway into his term. State records show that from July through September 2024,

by: MSN

Government to move new income tax bill in Budget session

Finance minister Nirmala Sitharaman plans to introduce a bill for a new direct tax law during the budget session. The focus is on simplifying provisions and making the language more accessible for the common man.

by: MSN

YISD appoints new comptroller, budget director

Ysleta Independent School District (YISD) announced a new comptroller and budget director on Friday, Jan. 17. Belen Briones has been appointed to the role of comptroller and has 22 years of experience in finance,

by: MSN

Most Americans don't appreciate how big Bytedance's business really is: Lead Edge Capital's Green

Mitchell Green, Lead Edge Capital founder and partner, joins 'Squawk on the Street' to discuss the Supreme Court's decision on the ban of TikTok, and how big Bytedance's business really is, and much more.

by: MSN

Week Ahead for FX, Bonds: All Eyes on Trump's Inauguration, Policy Announcements

U.S. Focus will fall on Trump's inauguration. Monday is a public holiday in the U.S. but policy announcements are widely expected to result in volatility across financial market

by: MSN

Can landscape regeneration be profitable? One of Australia's richest couples is trying to find out

In the middle of Tasmania sits a 5,000-hectare property once used for sheep grazing. But when the sheep farmers left, an unlikely buyer moved in.

by: MSN

How CEOs Hope to Improve Donald Trump's Presidency

Many have noticed how differently some business leaders are greeting the second Trump presidency, write Jeffrey Sonnenfeld and Steven Tian

by: MSN

Copped Out: Global Warming and Global Markets

As is now something of an annual ritual, last month's COP29 conference in Baku, Azerbaijan ended on a rather shabby note. Actually, one can describe its beginning the same way. Ilham Aliyev, the dictator who rules Azerbaijan,

by: MSN

Report: John Stewart Named In Lawsuit Over Equity Firm Management

The lawsuit alleges: "Stewart's newfound interest in buying, selling, and raising Thoroughbred horses has diverted his attention from growing and managing the MiddleGround Funds."

by: MSN

Kristi Noem's rural life with husband Bryon including time she shot her pet dog dead

Kristi Noem is the governor of South Dakota who President-elect Donald Trump nominated as the secretary of Homeland Security. She married her high school sweetheart.

by: MSN

Ankur Warikoo's 2024 earnings revealed: How much did the finance influencer make? Here's the breakdown

Ankur Warikoo, entrepreneur and content creator, recently shared a detailed breakdown of his 2024 business revenue, revealing a total of Rs. 16.84 crore (USD 2 million). His income comes from various streams,

by: MSN

Budget session of Parliament to commence on Jan 31

The Budget Session of Parliament will commence from January 31 and will continue till April 4, the Lok Sabha Secretariat said on Friday evening.

by: MSN

FedEx Corporation (FDX): A Top Long-Term Stock According to Billionaire Mason Hawkins

We recently compiled a list of the Billionaire Mason Hawkins' Top 15 Long-Term Stock Picks. In this article, we are going to take a look at where FedEx Corporation (NYSE:FDX) stands against the other stocks.

by: MSN

Amir Tabch: Revolutionizing FinTech with UAE's 1st Regulated DeFi Brokerage

As an experienced board leader and fintech executive, Amir Tabch leveraged his deep expertise in regulatory compliance to establish the UAE's first regulated DeFi and digital asset brokerage—a groundbreaking milestone achieved in 2021.

by: MSN

Qubetics Best Crypto Presale Wins Hearts With $9.7 Million Raised, While Crypto Giants Like Bitcoin and Ethereum Maintain Momentum

Explore the best crypto presale with Qubetics, Bitcoin, and Ethereum. Discover their unique features and why $TICS is a game-changer in digital finance.

by: MSN

Is Acquiring a Business Right For You? Here's How to Know If You Should Buy a Business or Start From Scratch

Building a business isn't for everyone, and neither is acquiring one. Some people are better suited to doing things solo and in their own way. Here's how you know which is right for you.

by: MSN

Can IBM Stock Benefit From Applications Software Technology Buyout?

International Business Machines Corporation IBM has inked an agreement to acquire Applications Software Technology ("AST") LLC, a global Oracle consultancy firm. The transaction builds on IBM's previous acquisition of Accelalpha in 2024,

by: MSN

Evan: Business leaders are showing increased confidence in the stock market.

Elizabeth Evans, Managing Partner at Evans May Wealth, discusses the current market sentiment and investment strategies. She notes that business leaders and retail clients are showing increased confidence in the stock market,

by: MSN

RLI Stock Trades Above 50-Day SMA: What Should Investors Do?

RLI Corp. RLI has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of Jan. 16, 2025, was $77.83, down 14.6% from its 52-week high of $91.

by: MSN

David Staples: All the reasons why we can't trust Mark Carney to put Canada first

If you're looking for a leader who will put Canada first, Mark Carney is not your guy. I say this even as Carney is many things that Justin Trudeau is not — brainy, experienced in business, and from Western Canada.

by: MSN

Buffett's Sale of BAC Stock: A Smart Move or Missed Opportunity?

After Warren Buffett decided to trim his holdings in the financial sector, with Bank of America Co. (NYSE: BAC) being one of his selling picks, a lot of investors in the market grew weary of where the system might be headed if not the broader economy.
  • Sat, January 18, 2025

by: Forbes

What Musk's Tweets Reveal About His Relationship With China

As Elon Musk grew Tesla's business in China, he publicly cozied up to its leaders on his favorite social media platform.

by: tdn

Longview extends city manager deliberations into next week

After extensive questioning and more than two hours of deliberations Friday, Longview City Council failed to agree on a finalist to become its next city manager. Instead, it pushed deliberations

by: AOL

Trump will inherit a housing market creaking under the strain of high prices and high interest rates

Trump's administration has promised to slash mortgage rates and home prices by instituting mass deportations of undocumented immigrants and easing federal regulations around building and land use. But economists and housing market experts say sweeping changes are hardly so simple.

by: MSN

Commerce Nominee Lutnick Is Backer of Outlaws' Favorite Cryptocurrency

Cantor Fitzgerald holds assets for Tether, the stablecoin used by drug traffickers, terrorists and scammers to move money around the world.

by: MSN

Kristi Noem's husband and time she killed her pet dog as she's picked for Homeland Security chief

South Dakota Gov Kristi Noem, a longtime fan of the President-elect, answered questions during her Senate confirmation

by: MSN

"Rehearse, rehearse, rehearse" - is your business doing enough on DORA compliance?

Well the crucial takeaway is to "rehearse, rehearse, rehearse" James Hughes, VP of Solutions Engineering and Enterprise CTO at Rubrik told TechRadar Pro at a recent event. "So you can simulate rehearsals,

by: MSN

This is how much Ankur Warikoo earned in 2024: Influencer reveals income from YouTube, Instagram & 5 other streams

Warikoo's content business, Brand Warikoo, stands out as the cornerstone of his operations, boasting an impressive digital presence across various platforms. His combined following exceeds 14.8 millio

by: MSN

Divorced and Broke, She Found Creative Ways to Rebuild Her Life

Rebuild your life after financial setbacks with inspiration from Jolie's journey. From cutting expenses to turning her home into an income source, discover the strategies that helped her create stability and success after divorce.

by: MSN

Geetanjali Vikram Kirloskar: Steering Leadership and Legacy in Indian Industry

Geetanjali was awarded the Knight First Class of the Order of the Lion of Finland in recognition of her contributions to Finland.

Private equity 'secondary' sales hit record as Ardian closes $30 bln fund

The secondary market for private equity funds saw record transaction volumes last year as buyout bosses and their investors looked for ways to generate cash amid a downturn in dealmaking.
The article from Reuters discusses the booming market for private equity secondary sales, which have hit a record high. Ardian, a major player in this sector, has successfully closed a $30 billion fund, marking it as the largest ever in this asset class. This fund closure comes amidst a backdrop where investors are increasingly turning to secondary markets to manage liquidity and rebalance their portfolios, especially in light of economic uncertainties and a slowdown in traditional private equity exits like IPOs and M&A. The article highlights that secondary transactions provide an avenue for investors to sell their stakes in private equity funds before the funds' end, often at a discount, which has become more appealing as the market for these sales has matured and expanded. This trend reflects a broader shift in the investment landscape, where secondary markets are becoming crucial for providing liquidity and strategic flexibility.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/private-equity-secondary-sales-hit-record-ardian-closes-30-bln-fund-2025-01-17/