Tumbling Markets Imperil Tech, the Dollar, and Private Equity

Text size Japan has had to intervene to support the sliding yen for the first time since 1998, even as it tries to keep its interest rates low. Akio Kon/Bloomberg The world has been hooked on cheap money for years. Now we’re witnessing what withdrawal looks like. Lifting interest rates from nil has produced a … Read more

Bed Bath & Beyond Stock Sinks. It’s Cutting 20% of Jobs and Closing 150 Stores.

Text size Bed Bath & Beyond said it will close 150 of its stores and lay off 20% of its workforce to reduce costs. Joe Raedle/Getty Images Bed Bath & Beyond shares dropped on Wednesday after the troubled retailer said it was laying off a fifth of its workforce and closing more than a hundred … Read more

Why UK investors shouldn’t worry about companies fleeing overseas

David Wighton is a columnist for Financial News The encircling gloom surrounding the British economy is so pervasive that even those rare pieces of seemingly good news are glumly scrutinised for evidence that they are actually bad. One of the most striking successes of the UK economy in recent years has been the extraordinary growth of venture … Read more

PE investments in India fell 25% sequentially in April-June quarter: Refinitiv

Private equity investments in India declined 25.1 per cent sequentially to $6.7 billion in April-June 2022 from a level of $8.98 billion in January-March 2022.  Even on a year-on-year basis, PE investments fell 17.3 per cent against $8.13 billion recorded in April-June 2021, data with Refinitiv, an LSEG Business, showed.  Total number of deals in … Read more

Blackstone, Carlyle brace for private equity’s ‘terrible hangover’

Despite the sunny weather, the outlook was less rosy this week in Berlin, where the private equity industry met for its annual industry summit. In a week when the S&P 500 stock index fell into a bear market and both the US Federal Reserve and Bank of England raised interest rates, buyout bosses met in … Read more

Zendesk Close to Striking Buyout Deal, Sources Say

Zendesk Inc. is close to a deal with a group of buyout firms, according to people familiar with the matter, resurrecting a failed attempt to sell itself in what would be one of the biggest private-equity takeovers of the year. A deal with a group that includes Hellman & Friedman LLC and Permira could be … Read more

AmerisourceBergen, #8 on the Fortune 500, sets aside $150 million for its first corporate venture fund

AmerisourceBergen, #8 on the Fortune 500, sets aside $150 million for its first corporate venture fund | Fortune You need to enable JavaScript to view this site.

‘Flash Boys’ exchange IEX adds Sam Bankman-Fried’s FTX.US as investor with crypto push taking shape

‘Flash Boys’ exchange IEX adds Sam Bankman-Fried’s FTX.US as investor with crypto push taking shape | Fortune You need to enable JavaScript to view this site.

Is SHEIN really worth $100 billion in today’s market?

Is SHEIN really worth $100 billion in today’s market? | Fortune You need to enable JavaScript to view this site.

Crypto exchange Binance is picking a headquarters location ‘very soon’ as it strives to fend off regulators

Crypto exchange Binance is picking a headquarters location ‘very soon’ as it strives to fend off regulators | Fortune You need to enable JavaScript to view this site.