Daily News

MEXICO / USA – The US and Mexican High-Level Economic Dialogue (HLED) co-chairs met virtually on April 18, 2023, to review key accomplishments since September 12, 2022 HLED ministerial as outlined below. They also discussed priority initiatives and stakeholder engagements to plan for the HLED ministerial in fall 2023. The US delegation was led by deputy United States Trade Representative Jayme White, undersecretary of commerce for international trade Marisa Lago, and undersecretary of state for economic growth, energy, and the […]

BELLEVUE, Wash.–(BUSINESS WIRE)–Pivotal Drive, a portfolio company of Century Park Capital Partners, has announced the successful completion of its strategic merger with Nova CPM, a OneStream Platinum Partner. The merger strengthens Pivotal Drive’s already impressive momentum within the OneStream ecosystem, positioning it for further growth and success. With the merger, the combined company’s size will double, boasting employees in every time zone in the continental U.S., as well as Mexico and Canada. Pivotal Drive brings an experienced technical center of […]

WHP Global will Acquire the Bonobos Brand EXPR will Acquire the Bonobos Operating Assets and Operate the Bonobos eCommerce, Guideshop and Wholesale Businesses in the U.S. Under an Exclusive Long-Term Licensing Agreement with WHP Global COLUMBUS, Ohio & NEW YORK–(BUSINESS WIRE)–Fashion apparel retailer Express, Inc. (NYSE: EXPR) (the “Company” or “EXPR”) and global brand management firm, WHP Global (“WHP”), today announced a definitive agreement to acquire menswear brand Bonobos, Inc. (“Bonobos”) from Walmart Inc. (“Walmart”). This is the first acquisition […]

NEW YORK–(BUSINESS WIRE)–Audax Private Debt (“Audax”) announced that, as Administrative Agent and Sole Lead Arranger, it provided a Second Lien Credit Facility supporting H.I.G. Infrastructure, an affiliate of H.I.G. Capital (“H.I.G.”), in their acquisition of Tower Engineering Professionals (“TEP” or the “Company”). Founded in 1997 and headquartered in Raleigh, NC, TEP is a leading provider of engineering, inspection, maintenance, and construction management services for telecommunication infrastructure. The Company serves cell tower owners, wireless carriers, and fiber network providers throughout the […]

NEW YORK–(BUSINESS WIRE)–The Boards of Trustees of Nuveen Preferred and Income Fund (NYSE: JPT), Nuveen Preferred & Income Securities Fund (NYSE: JPS), and Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) have approved a proposal to merge the funds. The proposed mergers, if approved by shareholders, would combine each of JPT and JPS into JPC. The mergers are intended to create a larger fund with lower net operating expenses, enhanced earnings potential, and increased trading volume on the exchange for […]

By Kristalina Georgieva, IMF Managing Director Introduction … Being here in Meridian House – a beautiful ‘house on a hill’- reminds me of what Nelson Mandela once said: “I have discovered the secret that after climbing a great hill, one only finds that there are many more hills to climb.” This feels like the story of the past three years – climbing one “great hill” after another, only to discover there are many more to come. First was Covid, then Russia’s […]

 – Fabio Natalucci says financial fragmentation induced by geopolitical tensions could have important implications for financial stability IMF Podcasts WASHINGTON, USA – Financial stability never comes easy, but the past few months have been especially challenging with persistently high inflation and two bank failures in the United States that exposed vulnerabilities lurking beneath the surface. The latest Global Financial Stability Report (GFSR) examines all the worrying trends including the potential economic impact of rising geopolitical tensions. Fabio Natalucci heads the GFSR. In […]

By Caribbean News Global contributor VIEUX FORT, St Lucia – “Bullets don’t fall from the sky” said a source in response to Caribbean News Global (CNG) article, following a secure walkout by the minister for finance, economic development, and the youth economy and minister for justice and national security, Philip J Pierre, last Monday. Subsequently, where are the bullets for these guns on the streets of Vieux Fort and Saint Lucia at large, coming from? Vieux Fort records four homicides […]

By Sir Ronald Sanders I was astonished recently to be told by one of the representatives of the Caribbean on the board of the World Bank (WB) that Antigua and Barbuda, The Bahamas, Barbados, St Kitts-Nevis and Trinidad and Tobago, should not expect any change in the bank’s policy not to make concessional loans to them because, supposedly, they are ‘high income’ countries. My astonishment did not result from the sharp finality of the statement but rather because it came […]