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London (CNN Business)A billionaire British aristocrat is taking the publisher of the Daily Mail and Mail Online private after agreeing to buy out minority shareholders in a deal valuing the company at £885 million ($1.2 billion). Lord Rothermere, whose great grandfather founded the newspaper emp...


The credit department holds the key to a company’s revenue. Salespeople bring in the business, but those in credit actually collect the money. Whether this is two employees or several, without them finances would be a jumble. In a company’s startup phase, the credit function often falls to...


I am not a professional stock picker, but over the past decade my portfolio has beaten the stock market by a factor of three to one. Unlike Peter Lynch, who advocated investing in the makers of products you love and who, in my estimation, stands out as one of the greatest of all stock pickers, I did...


A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol Register now for FREE unlimited access to Reuters.com Stellantis to create 50-50 leasing JV with Credit Agricole Aims to more than double leased veh...


WiggleCRC has formally come under new ownership as Signa Sports United (SSU), the Berlin-based online retailer which announced in June that it was buying the UK business, made its New York Stock Exchange debut on Wednesday. The acquisition of WiggleCRC was tied to SSU’s IPO, which was achieved...


Home » Business » Bank of Russia bans mutual funds from investing in digital currencies The Bank of Russia has continued to restrict investors from accessing digital currencies, this time focusing on mutual funds. In its latest regulatory update, the bank expanded the list of assets that...


As the third calendar year of the COVID-19 pandemic, 2022 is bound to be another unpredictable chapter in a confusing decade — not least of all for your finances. Luckily, we will have plenty of books to help us make sense of things and fill in our knowledge gaps.  According to our research on E...


Risk sentiment turned suddenly sour on Thursday. Nasdaq tanked 2.5% and the SP500 slid close to 0.87% from ATH levels, as investors weighed the possible negative impacts of a tighter Federal Reserve (Fed) policy, the rising omicron cases, and the fact that Biden’s $2 trillion won’t pass the legisla...


Currently, there are 29 stock exchanges, including two regional exchanges, on the African continent. Several countries have either their own stock markets or belong to a regional stock exchange, which fuel their economies and provide a way for individuals to invest in their country’s future. The De...


Will markets coast into the new year? Last week was action-packed, dominated by major central bank announcements that in many cases represented a change of direction as we head into 2022. From supporting the economy through the pandemic to reining in inflation that has become more intense and wid...


A Rivian R1T electric pickup truck during the company’s IPO outside the Nasdaq MarketSite in New York, Nov. 10, 2021. Photo: Bing Guan/Bloomberg News Updated Dec. 16, 2021 9:32 am ET Your browser does not support the audio tag. This article is in your queue. Wall S...


BLOOMINGTON, Ind. -- In support of a continued commitment to stewardship and growth of university resources, Indiana University has appointed its first executive vice president for finance and administration. Dwayne Pinkney will take on the leadership role in March. The role was reimagined by IU Pr...


News By AfricanManager 17/12/2021 1 Algeria’s $300 million loan has helped boost Tunisia’s foreign exchange reserves by about 6 days of import to 126 days, equivalent to 21.6 billion dinars. The financial protocol relating to the Algerian loan was...


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