Hints and tips:
...Wood, Ark’s founder and chief executive, cited years of interest from potential investors across the Atlantic Ocean as she seeks to make her mark in the $2tn European ETF market....
...Actis executives, who have expanded the business since spinning out of the UK government’s development finance unit in 2004, are likely to net a big windfall by selling their firm....
...Apple is also feeling the heat on the other side of the Atlantic....
...Many of the industry’s biggest names, including Blackstone, Apollo Global Management, Warburg Pincus and General Atlantic have taken out such loans in recent years, according to securities filings....
...General Atlantic senior adviser Annette Thomas has joined the board of Schroders as a non-executive director....
...Across the Atlantic at the London Stock Exchange things were equally stressful but again human intervention helped to keep things working....
...But for all its successful coups from Wall Street to Silicon Valley, the notorious activist’s Trojan horse hasn’t left the same impression across the Atlantic....
...General Atlantic invested $250m in his company, Greensill Capital....
...In 2017, $70m of Greensill’s $102m net revenue was derived from companies linked to GFG Alliance, Sanjeev Gupta’s industrial group, according to a document seen by the Financial Times....
...Reliance has vowed to cut its net debt of $20bn down to zero in a year....
...The deal will see PNC rank as the fifth-largest US lender by assets and help it expand beyond the mid-Atlantic and Midwestern markets it typically focuses on....
...It has €8.2bn in debt and, according to its annual report, an eye-watering 10.3 times net debt to adjusted earnings before interest, tax, depreciation and amortisation....
...The net around America’s tech titans may be closing in. Get more information here, by the FT’s Richard Waters....
...The company’s net revenues were $2bn during the quarter, up 14 per cent from the previous quarter, with gross bookings of $9.7bn....
...Including those items brings Uber’s net losses to $1.5bn for the quarter, according to generally accepted accounting principles....
...The company posted a net loss of $5.2m in the first quarter of this year, on revenues of $118.7m....
...That disclosure form — first reported by Politico — revealed that Scaramucci’s stake in SkyBridge is valued at more than $50m, with a salary and share from the company’s net income at almost $10m annually...
...Last year it made net revenues of SEK182m (£15.6m) and pre-tax profits of SEK47m....
...Calling it a “Mid-Atlantic Tax Vortex” could be a better fit....
...The group cut net debt by 27 per cent in the year, paying back £1.9bn. Bruno Monteyne, an analyst at Bernstein, said that the results were “a solid beat on all parts of the business”....
...The US Department of Agriculture said last month that net cash farm income would fall in 2016 for the third consecutive year....
...Across the Atlantic, the pan-European Euro Stoxx 600 index fell 0.6 per cent after rebounding 5 per cent over Thursday and Friday....
...The sales are intended to relieve pressure on the balance sheet of the UK retailer, which has adjusted net debt of £8.5bn, and has announced profit warnings and £7bn of writedowns this year....
...He describes Money.net, a browser-based tool (costing a flat $95 per month), as offering everything and more that Bloomberg does through its terminal....
...Across the Atlantic, stocks gave back some of the previous day’s strong gains, with the pan-European FTSE Eurofirst 300 falling 0.4 per cent....
International Edition