Public Limited Companies

Now Private Equity Firms Can Sponsor Mutual Funds

MUMBAI India’s market regulator is likely to allow private equity funds to own local asset management companies (AMCs) amid the growing popularity of mutual funds and soaring stock markets, said said two people aware of the plan. “Private Equity (PE) funds will be allowed to sponsor mutual funds, under certain …

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Plan would put $ 200 million in COVID-19 relief funds for Michigan tech startups

At the heart of the startup initiative proposed by the Whitmer administration is a $ 140 million proposal for equity investments whereby the state would become a sponsor in various venture capital and investor funds. providential. “The key goal is to continue to diversify Michigan’s economy through high-growth, innovative local …

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American Electric Power Advocates For New Surcharge For West Virginia Public Service Commission | News, Sports, Jobs

Photo courtesy of Appalachian Power Appalachian Power and Wheeling Power are asking the West Virginia Public Service Commission to approve a new, higher surcharge for customers to put power plants like the Marshall County Mitchell plant in compliance with federal regulations. CHARLESTON – Representatives from American Electric Power, the parent …

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Automated calls set to drop dramatically in coming weeks, officials hope – San Bernardino Sun

Ring! Ring! Ring! Your car warranty expires. You owe the IRS money. You’ve been pre-approved for a low interest credit card! Automated calls, often from crooks trying to steal your money, have long been the bane of communications technology. “It’s not just that they’re so boring and frustrating, it’s that …

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US ‘Pink Sheets’ Under Overhaul As Securities Regulator Seeks To End Fraud

WASHINGTON / NEW YORK, Sept. 23 (Reuters) – As many as 2,000 companies could disappear from the over-the-counter “pink leaves” long favored by retail investors when a new rule to stamp out fraud in this notoriously risky enclave of The US stock markets will go into effect next week. The …

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Carlyle CEO says company is committed to China

NEW YORK, Sept. 22 (Reuters) – Carlyle Group Inc (CG.O) chief executive Kewsong Lee said on Wednesday that the US private equity firm will remain a long-term investor in China despite “shocks” that pissed off some investors. Authorities in Beijing have in recent weeks imposed restrictions on companies, including those …

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RLDatix completes the acquisition of Allocate Software

LONDON & CHICAGO – (COMMERCIAL THREAD) – RLDatix, the global leader in governance, risk and compliance (GRC) solutions for healthcare, today announced the completion of the acquisition of UK-based Allocate Software (“Allocate”), one of the leading providers of human capital management solutions that help healthcare facilities deliver safe and efficient …

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Figure completes first digital securities transaction using real-time market

SAN FRANCISCO – (COMMERCIAL THREAD) – Figure Technologies, Inc. (Figure ™), a leader in transforming financial services through the power of blockchain technology, today announced that it has completed the first-of-its-kind digital securities transaction using by Figure ATS, an alternative trading system registered with the United States Securities and Exchange …

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Market turmoil tests Xi’s resolve on Evergrande, property crackdown

How far will President Xi Jinping go in his crackdown on the Chinese real estate sector? The issue suddenly became urgent on trading desks around the world. After months of viewing the crisis of indebted developer China Evergrande Group as largely contained, investors rushed on Monday to assess the risk …

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Hong Kong stocks collapse as property scare spreads beyond Evergrande

(Bloomberg) – Growing investor angst over China’s real estate crackdown spilled over into markets on Monday, hitting developers in Hong Kong and adding pressure on Beijing authorities to prevent financial contagion from destabilizing the market. ‘economy. Hong Kong’s real estate giants, including Henderson Land Development Co., have suffered the biggest …

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