Goldman doubles down on active ETFs with $2.3 billion Neos deal

Goldman Sachs will acquire exchange-traded funds provider Neos Investments for as much as $2.25 billion, as the investment bank ​looks to bolster its presence in active asset management.

Putin says Russia will start seizing European vessels if its ships targeted

Russian President Vladimir Putin said on Wednesday that Russia will respond in kind if European countries start to seize ...

Colombia quake death toll tops 250 as rescuers race to find survivors

Rescue crews dug through mountains of rubble in western Colombia, shouting for ​quiet so they could listen for survivors ...
Reuters

Paramount says CNN sale 'on the table' to resolve California suit over Warner Bros deal

Aug 12 (Reuters) - Paramount Skydance (PSKY.O), opens new tab is keeping all options, including a possible sale of CNN, "on the table" to resolve California's antitrust suit challenging its $110 ...
Reuters

Ancora offers to buy H.B. Fuller's unit for up to $1.2 billion in cash

Aug 12 (Reuters) - Activist investor Ancora Holdings said on Wednesday it has proposed to buy H.B. Fuller's (FUL.N), opens new tab Building Adhesive Solutions business for as much as $1.2 billion in ...
Reuters

China's Londian Wason valued at $2 billion as shares rise in NYSE debut

Aug 12 (Reuters) - Copper foil maker Londian Wason New Energy Tech (FOIL.N), opens new tab was valued at $2.01 billion in its New York Stock Exchange debut on Wednesday, marking the largest IPO of a ...
Reuters

BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit

Aug 12 (Reuters) - Bank of America (BAC.N), opens new tab will acquire up to 49.9% stake in Jio Credit, a unit ‌of Jio Financial Services (JIOF.NS), opens new tab, for as much as 182.68 billion rupees ...
Reuters

Ship recycler GMS buys two sanctions-hit tankers from US government

LONDON, Aug 12 (Reuters) - Dubai-based GMS has won U.S. government approval to scrap two sanctions-hit oil tankers it ‌acquired, months after securing agreements to recycle four sanctions-hit ...
Reuters

Peltz-led group preparing bid to take Wendy's private, source says

Aug 12 (Reuters) - Nelson Peltz's Trian Fund Management is forming a consortium of investors to take US fast-food chain Wendy's (WEN.O), opens new tab private, a ‌source familiar with the matter told ...
Reuters

Malawi FA chief backs Infantino, credits FIFA investment for World Cup breakthrough

Malawi FA chief backs FIFA president Infantino for re-election Credits Women's World Cup qualification with Infantino support Urges election challengers to Infantino to come forward RABAT, Aug 12 ...
Reuters

Trump says US has 'total control' over Strait of Hormuz

Aug 12 (Reuters) - U.S. President Donald Trump on Wednesday said ‌the United States in is control of the Strait of Hormuz. "The U.S.A. ⁠has total control over the Strait of Hormuz. I THINK WE WILL ...
Reuters

Spain rejects discussing sovereignty of enclaves with Morocco

Ouahbi says Rabat keeps raising claims on enclaves in talks with Madrid Spain says no such discussions, Ceuta and Melilla are 'super-Spanish' Issue raised after July's mass border rush to Ceuta ...