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...“Trillions of dollars of new investment is going to be needed so we think Actis represents a tremendous opportunity.”...
...The Palo Alto, California-based group received the valuation following a $53mn fundraising led by venture firms General Catalyst and Premji Invest, with participation from Andreessen Horowitz and SV Angel...
...Shares of Dollar General jumped 6.2 per cent in pre-market trading....
...Discount US retailer Dollar General beat revenue and profit expectations in its third quarter despite a slowdown in demand, as low-income consumers rein in spending amid rising prices....
...Leland Goss Managing Director and General Counsel International Capital Market Association, London EC4, UK...
...A conventional dollar-denominated bond maturing in October 2028 was trading with a yield of 8.1 per cent on Tuesday, compared with a peak above 10 per cent in May....
...It may be off highs, but it’s further away from anything considered weak: The greenback’s continued general strength seems justified, too, when there are few signs of an end to US exceptionalism in market...
...Earnings: Several retailers report results, including Dick’s Sporting Goods and Dollar General in the morning, and Ulta Beauty after the closing bell. Software group Adobe reports after the close....
...Discount US retailer Dollar General cut its full-year guidance for the second consecutive quarter, as weak consumer spending and a decline in traffic to its stores hit earnings and revenue....
...For years, Dollar General dominated the dollar store sector....
...— The end of China’s economic miracle (Foreign Policy) — Discount health at Dollar General (The American Prospect) — There is no “stealth fiscal stimulus” (The Overshoot $) — Dalio on the “great wealth...
...- dollar judgment entered against the Republican frontrunner this month....
...The war is at a critical juncture as Kyiv waits to see whether it will receive billions of dollars’ worth of military and financial assistance from the US and the EU....
...The New York attorney-general has urged a judge to force Donald Trump and his businesses to pay $370mn for inflating the value of his real estate empire by billions of dollars over the course of a decade...
...Over at the WSJ, Jinjoo Lee focused on the dollar stores chains — Dollar Tree and Dollar General — noting that the end of pandemic-era Federal supplements to state food stamp programs continue to pressure...
...The rand strengthened to R18.77 to the dollar at one point, from below R19 the day before....
...“This isn’t some revolutionary idea; all of us have financial privacy when we pay for a meal in cash or drop a few dollars in a donation jar,” said Rainey Reitman, civil liberties advocate who sits on the...
...A relatively stable political backdrop — with a general election later this year unlikely to upend economic orthodoxy — has also helped, analysts say....
...interest, costs or other fees — comes as Trump is faced with posting a much larger bond to delay the enforcement of a $450mn judgment against him in the sprawling civil fraud case won by the New York attorney-general...
...The moves are aimed at reviving a multibillion-dollar international tourism industry that is still struggling to recover from the Covid-19 pandemic, geopolitical tensions and a weak economy....
...Dollar General says that the restrictions on its expansion are misconceived....
...GM also plans to cut spending on Cruise, its self-driving unit, by “hundreds of millions of dollars”, Jacobson said. Last month one of the vehicles injured a pedestrian in San Francisco....
...A decade ago ExxonMobil was still the world’s second-biggest US company, and General Electric, Wells Fargo and Walmart were in the top 10. Today, Walmart is 15th and the others . . . well....
...To diversify away from the dollar, central banks worldwide are buying gold, not bitcoin, at a record pace....
...The broad Borsa Istanbul all-share index has risen around 20 per cent in US dollar terms since the start of 2024, led by a 61 per cent jump in the technology sector, Bloomberg data shows....
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