Today: September 16, 2024
Today: September 16, 2024

Philly's elected prosecutor sues to stop law designed to limit authority on transit system crimes

Philadelphia Prosecutor
January 11, 2024

Philadelphia’s two-term elected district attorney said Thursday he wants a court to stop plans to appoint a special prosecutor who would handle crimes on the city’s transit system under a new law designed to dilute his authority that he argues is unconstitutional.

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Apollo inks $1 billion deal with BP to fund stake in Trans Adriatic gas pipeline

Apollo Global Management has signed a $1 billion deal with British energy major BP to fund its stake in the Trans Adriatic natural gas pipeline, the companies said on Monday.

Apollo inks $1 billion deal with BP to fund stake in Trans Adriatic gas pipeline
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Thailand is studying $9 billion infrastructure fund, finance minister says

Thailand is looking into setting up an infrastructure fund worth 300 billion baht ($9 billion) to invest in train projects, the finance minister said on Monday.

Thailand is studying $9 billion infrastructure fund, finance minister says
Business|Economy|Europe|Finance

Europe's STOXX 600 inches up at start of action-packed week, with Fed in focus

European shares were subdued at the start of a data-packed week, the highlight of which will be the Federal Reserve starting its long-awaited monetary-easing cycle, with

Europe's STOXX 600 inches up at start of action-packed week, with Fed in focus
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Hedge funds switch to buying banks, insurance and trading firms, says Goldman Sachs

Banks, insurance and trading firms returned to favour as hedge funds last week snapped up these company stocks at the fastest pace since June 2023, a Goldman Sachs

Hedge funds switch to buying banks, insurance and trading firms, says Goldman Sachs
Business|Finance

Volkswagen may book up to $4.4 billion in provisions on capacity cuts, Jefferies says

Volkswagen may book up to 4 billion euros ($4.4 billion) in provisions for planned capacity cuts as early as the fourth quarter, analysts at brokerage Jefferies said in a note after

Volkswagen may book up to $4.4 billion in provisions on capacity cuts, Jefferies says
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What's happening in Las Vegas shows Fed's 'soft landing' is a good bet

What's happening in Las Vegas shows Fed's 'soft landing' is a good bet
Business|Economy|Europe|Finance

ECB should wait until Dec with next rate cut, Kazimir says

ECB should wait until Dec with next rate cut, Kazimir says
Asia|Business|Finance

Asian bonds attract massive inflows in August on Fed easing hopes

Asian bonds attract massive inflows in August on Fed easing hopes
Business|Economy|Finance

Trafigura appoints Jiri Zrust as Global Head of Operational Assets

Trafigura appoints Jiri Zrust as Global Head of Operational Assets