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Starmer’s Labour Seen as Biggest Winner From Scotland Turmoil
Surveying the fallout triggered by the resignation of Scotland’s First Minister Humza Yousaf, one man appears set to be the biggest beneficiary: the leader of the UK’s main opposition Labour Party, Keir Starmer.
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Brazil’s Casas Bahia Soars After Filing Out-Of-Court Debt Deal
Grupo Casas Bahia SA shares jumped as much as 21% after the Brazilian retailer filed an out-of-court deal with its main creditors to reschedule the payment of 4.1 billion reais ($801 million) in debt.
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Coca-Cola Gears Up for IPO of $8 Billion Africa Bottling Arm
Coca-Cola Co. is gearing up for a potential initial public offering of its African bottling business as soon as next year after previously putting the plans on hold, people with knowledge of the matter said.
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Fulton Targets Sale of Republic First’s $2 Billion in Securities
Fulton Financial Corp. plans to sell a $2 billion investment securities portfolio held by Republic First Bancorp Inc., the failed lender it acquired late last week after US regulators closed its doors.
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Wells Fargo Founder’s College in New York’s Finger Lakes to Shut
Wells College, a small college located in the Finger Lakes region of upstate New York, will close at the end of the spring semester, joining a spate of colleges in the state to do so.
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Biden, AMLO Make Push to ‘Significantly’ Reduce Border Crossings
US President Joe Biden directed staff to work with Mexico to curb the number of illegal border crossings, as the White House seeks to quell a record migration surge that has become a political liability for the American leader as he seeks reelection.
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Bitcoin Miner Boosting Memecoins Allure Already Begins to Wane
The respite provided by the debut of memecoins on the Bitcoin blockchain that helped to soften the financial blow of a recent software update to crypto miners already appears to be fading.
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A Nightlife Guru Names the Worst Place to Look for Travel Advice
If you want to find something memorable, says Catch Hospitality Group partner Eugene Remm, don’t start where everyone else does.
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Zuma’s Party Touts Wealth Tax in South African Election Drive
A party backed by former South African President Jacob Zuma said it expects to be in government after May 29 elections, and that it plans to raise additional state revenue by increasing capital gains and inheritance taxes once in office.
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Trump to Attend Las Vegas Fundraiser with $844,600 Tickets
Presumptive Republican nominee Donald Trump is slated to attend a fundraiser in swing-state Nevada in June as he looks to close the money gap with President Joe Biden ahead of their November rematch.
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