Brookfield to Acquire Rest of Oaktree for $3 Billion
Brookfield Corporation and Brookfield Asset Management agreed to acquire the rest of Oaktree for about $3 billion in an expansion...
Business
Fastenal Posts Higher Revenue Despite Industry Slowdown
Fastenal reported higher third-quarter sales, shrugging off a difficult industry backdrop driven by reduced construction activity. Source link
Mortgage rates creep back up as lenders show caution
Average mortgage rates have risen for the first time month-on-month since February as lenders approach the winter with caution.Following a...
The Former Banker Betting on Unprofitable Business of Flood Insurance
Trevor Burgess sees profits where many don’t: insuring homes against flood damage. Source link
Nexperia: Dutch government takes control of China-owned chip firm
The Dutch government has taken control of Nexperia, a Chinese-owned chipmaker based in the Netherlands, in a bid to safeguard...
Lloyds warns car finance scandal could cost it £2bn
Lloyds Banking Group is setting aside an additional £800m for car finance compensation claims, bringing the total amount allocated by...
Shawbrook Expects London IPO in November
The U.K. digital bank is the latest company cementing fundraising plans as initial public offerings in Europe make a comeback....
‘Troubling’ data reveals rise in deaths among Norfolk homeless
George King andOwen SennittLocal Democracy reporterPA MediaThe Museum of Homelessness recorded nine deaths in Norfolk in 2024, four more than...
LG Electronics Expects Lower Third-Quarter Operating Profit
The South Korean consumer-electronics giant’s forecast still beat market consensus, thanks to its affiliates’ solid performance despite tough business conditions....
Paramount Circling Warner Bros. Discovery After Rebuffed Approach
David Ellison’s company could take a plan to create a sprawling media conglomerate directly to shareholders. Source link