Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
Category: 19 March 2024
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
Several key economic indicators were positive in China during the first two months of this year, the National Bureau of Statistics (NBS) said on 11 March.
PRIVATE EQUITY FIRMS UNABLE TO SELL 28,000 COMPANIES
Private equity firms buy businesses, wait for them to appreciate, then cash out and distribute the profits among their investors.
CORPORATE DEFAULTS AT HIGHEST SINCE GREAT RECESSION, S&P SAYS
So far this year, 29 corporations have defaulted on their debts, more than in any similar period since 2009 during the Great Recession when 36 corporations failed to pay. Inflation, high interest rates, rising wages, and sluggish consumer demand are to blame, according to S&P.
COVID WAR SLASHED DEVELOPING COUNTRIES’ ABILITY TO INVEST, UN SAYS
The chasm separating the world’s most- and least-developed nations has widened to its largest in nearly 10 years, the United Nations’ Human Development Index has found.
SULLIVAN: MAJOR GROUND OPERATION IN RAFAH WOULD BE A ‘MISTAKE’
Jake Sullivan, the White House national security advisor, told reporters on Monday that Israel will be making a mistake if it goes through with its plan to invade Rafah, which would “lead to more innocent civilian deaths, worsen the already dire humanitarian crisis.”
GENOCIDE 2.0: ISRAEL KILLS 20 INSIDE GAZA HOSPITAL; ‘SETTLERS’ VANDALISE UNRWA’S JERUSALEM HEADQUARTERS
Israel continued its collective punishment of Palestinians in both Gaza and the West Bank on Monday carrying out a deadly raid inside a Gaza hospital while “settlers” vandalized a United Nations Relief and Works Agency for Palestine Refugees (UNRWA) headquarters in Jerusalem.
U.S. PRODUCES NO EVIDENCE LINKING TIKTOK TO CHINESE GOVERNMENT, REPORT SAYS
The United States government produced no evidence to support its claim that TikTok is working to coordinate with the Chinese Communist Party, raising new suspicions as to why Washington is so determined to either ban the popular social media site or sell it off to a U.S. entity.
GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.