CVC Capital Partners reported better-than-expected management fee earnings for the first half of the year and said it was confident on its outlook.
Category: Business
Verizon Strikes Deal to Acquire Frontier Communications
Verizon has agreed to acquire Frontier Communications in a $9.6 billion all-cash deal that would bolster the company’s fiber network to compete with rivals including […]
Europe to Ramp Up Lithium Mining to Cut China’s Market Grip
A fleet of new lithium mines are set to open across Europe in the next few years as the European Union pushes to increase supply […]
Verizon to Acquire Frontier Communications in $20 Billion Deal
The agreement is set to significantly expand the cellphone carrier’s fiber footprint across the U.S.
NIO’s Second-Quarter Net Loss Narrowed on Sales Boost
The Chinese EV maker’s net loss narrowed in the second quarter, thanks to robust sales that it expects to continue in the current quarter.
Leaked Disney Data Reveals Financial and Strategy Secrets
A data trove from Disney that hackers leaked earlier this summer includes details about streaming revenue, park pricing and some staff and customers of Disney […]
As Crackdown Deepens in Venezuela, Chevron Says Keep the Oil Flowing
Behind the scenes, Chevron’s message to the White House is that the oil giant needs to stay in Venezuela, even if Nicolás Maduro remains.
AB Foods Says Bad Weather Hit Primark Sales; Warns on Sugar Profits
Associated British Foods said same-store sales at its retail unit Primark are likely to fall in the final quarter, and warned that profits at its […]
Deutsche Bank Shares Climb on Profit Boost From Postbank Settlement
Deutsche Bank said it reached agreements with a large share of plaintiffs to settle a long-running legal case over the price of the acquisition of […]
Advance Auto Parts to Sell Worldpac to Carlyle for $1.5 Billion
Advance Auto Parts has agreed to sell its Worldpac subsidiary to Carlyle Group for $1.5 billion in cash.