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Australian billionaire Forrest snares CWP Renewables for over $2.7 bln

Australian mining billionaire Andrew Forrest’s private firm Squadron Energy has acquired CWP Renewables for more than A$4 billion ($2.7 billion), three people familiar with the deal said on Wednesday, as

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Blackstone’s credit fund reaches withdrawal limit

Blackstone Inc (BX.N) said redemptions from its $50 billion non-traded business development company reached its pre-set limit for the first time but investors were still allowed to cash out on

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U.S. watchdog levies $7.7 mln in fines against KPMG entities

A U.S. agency tasked with overseeing the audits of public companies on Tuesday said it imposed $7.7 million in fines and sanctioned three firms across KPMG’s global network for violations

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S&P posts 4th straight decline as recession talk weighs on Wall Street

Wall Street ended lower on Tuesday, with the S&P 500 extending its losing streak to four sessions, as skittish investors fretted over Federal Reserve rate hikes and further talk of

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Mosaic temporarily curtails potash production at Canadian mine

Fertilizer producer Mosaic Co (MOS.N) said on Tuesday that it has temporarily curtailed potash production at its Colonsay, Saskatchewan, mine in Canada, citing slower-than-expected demand. Mosaic said in a statement

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EU set to bar Meta from ads based on personal data

Meta (META.O) will only be able to run advertising based on personal data with users’ consent, according to a confidential EU privacy watchdog decision, a person familiar with the matter

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