Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Cerberus"


25 mentions found


Read previewTo all the Critters, as members of the Critical Role fandom are known, I come bearing excellent news. The cast of Critical Role has remained tight-lipped about "The Legend of The Mighty Nein," their second Amazon-backed animated series. For the uninitiated, Critical Role is a juggernaut in the tabletop roleplaying game industry. "We're heavy in development on Campaign Two's animated series right now, and it's coming along so well," Mercer told me. Advertisement"Things that we didn't get to see in the campaign, we now get to explore as part of the animated series," Mercer said.
Persons: , Matthew Mercer, Mercer, Vincent Valentine, Vox, Liam O'Brien, O'Brien, Caleb Widogast Organizations: Service, Business, London's Wembley Arena, Cerberus Assembly, CR, Amazon Prime Locations: Exandria
That added to the massive debt burdens already placed on the hospitals by their for-profit owners, deepening their financial woes. In January, MPT reported that its biggest tenant, a nationwide chain of 32 hospitals called Steward, could no longer pay its rent. The core idea was simple: to buy hospital real estate, pocket the lease payments, and use the money to reward investors. The more hospital real estate that MPT buys, the more money it makes in rent payments from the hospitals. But that doesn't mean that MPT's leaders didn't get rich off its hospital deals.
Persons: Leonard Green, Sherman Cahal, Rob Simone, Hedgeye, MPT, Steward —, Justin Simon, Jasper Capital, they've, Ed Aldag, Eddie Lampert's, Eileen Appelbaum, Rosemary Batt, MTP, Marc Rowan, Richard Mortell, Leonard Green couldn't, they'd, Stephen Feinberg, Ralph de la Torre, Steward, Simone, Cerberus, Chandan Khanna, That's, de la, de la Torre, la Torre, Amaral, Aldag, Apollo, Eileen O'Grady, Moody's, didn't, Sen, Chuck Grassley Organizations: Northside Regional Medical Center, Ohio Valley Medical, East Ohio Regional Hospital, Luke's Medical, Glenwood Regional Medical Center, Medical Properties Trust, Jasper, Sears, Bain Capital, Affordable, Cornell University, Business, Third Coast Real Estate Capital, Cerberus, Health Care, Boston Globe, Bloomberg, Getty, Easton Hospital, Local, de la Torre, la, MediaNews, Boston Herald, Prospect, Private, Yale New Haven Health, Yale, Apollo, MPT, SEC, Republican, Senate Finance Locations: Youngstown , Ohio, Ohio, Wheeling , West Virginia, Martins Ferry , Ohio, St, Luke's, Phoenix, Massachusetts, West Virginia, California , Pennsylvania, Texas, Pennsylvania, Louisiana, America, Alabama, MPT, Greater Boston, Steward, Easton, Lehigh, Elizabeth's, Boston, Connecticut, it's
Remington is consolidating its operations in Georgia, a state the company says is friendlier to the firearms industry. Mayor John Stephens meets with village board members under a seal portraying Eliphalet Remington holding a long gun. The four-story, brick plant by Armory Street and Remington Avenue looms over the community about 55 miles (90 kilometers) east of Syracuse. The Ilion plant went to a group of investors called the Roundhill Group as part of a $13 million bid. After months of union negotiations, the firearms plant reopened in the spring of 2021.
Persons: — Remington, Eliphalet Remington, Sandy, Remington, it’s, , Jim Conover, Mayor John Stephens, Conover’s, Frank “ Rusty ” Brown, , Brown, RemArms, Ken D’Arcy, “ They've, Daniel Mendez, Stephens, Michael Disotelle, Sandy Hook, we’re, ” Stephens Organizations: Remington, Mayor, Street, United Mine Workers of America, Remington Firearms, Republican, New, Smith & Wesson, Cerberus Capital Management, Remington Arms, Bushmaster Firearms, Co, Vista Locations: Mohawk, Georgia, Sandy Hook, Detroit, Syracuse, New York, New York City, Tennessee, Springfield , Massachusetts, LaGrange , Georgia, Erie, Ilion
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. It's been widely reported over the last year that ULA parent companies Boeing and Lockheed Martin are considering offloading the rocket business. That's despite the successful debut of ULA's Vulcan rocket in early January, which I assumed would galvanize a sale. In the meantime, I've been curious to understand how ULA's sale is likely to play out. Boeing and Lockheed Martin are, and have been, looking to sell the rocket business for some time.
Persons: CNBC's Michael Sheetz, It's, Lockheed Martin, ULA, Tory Bruno, Jeff Bezos, hasn't, I've, it's Organizations: Boeing, Lockheed, Origin, Textron, SpaceX, U.S ., Glenn, Vulcan Locations: ULA
And while the local government says Berlin has sufficient space to build over 100,000 apartments, there is no sign the housing crisis gripping the city will ease. But as Europe's largest economy teeters near recession, economists warn that high rents will feed inflation and reduce household consumption. In Berlin, local opposition has frustrated plans to build, while regulation creates a two-tier rental market that is cheap for some long-term tenants and expensive for new renters. Rising property demand saw private companies develop luxury apartments that offered a higher yield - in part, Buch said, because government permissioning for more affordable housing projects was so slow. OPPOSITIONSome building projects have since faced local opposition while a recent attempt to curb rent increases backfired.
Persons: Lisi Niesner, Rolf Buch, Buch, you've, Konstantin Kholodilin, Marwa, Monika Neugebauer, Goldman Sachs, Neugebauer, Gesa Crockford, Martin Pallgen, Anna Hohnrath, Hohnrath, Matthias Inverardi, Matthias Williams, Catherine Evans Organizations: Berlin, REUTERS, Rights, Vonovia, Reuters, DIVISION, International Union of Tenants, European, West, Foreigners, Thomson Locations: Berlin, Germany, San Francisco, California, City, Tempelhof, Valencia, Spain
"We concluded that the largest marsquake seen by InSight was tectonic, not an impact. "Most of the marsquakes we've detected thus far have been associated with a region called Cerberus Fossae, located eastward of InSight. The energy it released surpassed the cumulative energy from all the other marsquakes InSight recorded. With future human missions to Mars in mind, a greater understanding of Martian seismic activity is pertinent. Charalambous said the location of the majority of the marsquakes detected by InSight remained uncertain, with a poor understanding of the mechanisms that triggered them.
Persons: Ben Fernando, Constantinos Charalambous, Fernando, Charalambous, Will Dunham, Daniel Wallis Organizations: NASA Hubble, NASA, Handout, Reuters, Rights, University of Oxford, Research, Imperial College London, United Arab, Thomson Locations: England, InSight's, U.S, United Arab Emirates
CNN —At least 110 people have been injured after tennis ball-sized hail rained down on a region of northern Italy overnight Wednesday. In a surprise storm, hailstones of up to 10 cm in diameter pelted the streets of Veneto, according to regional president Luca Zaia. Emergency services responded to more than 500 calls for help due to damage to property and personal injuries, the Veneto regional civil protection said. The Italian Meteorological Society named the latest heat wave Cerberus after the three-headed monster that features in Dante’s Inferno as a guard to the gates of hell. “The earth has a high fever and Italy is feeling it firsthand,” Luca Mercalli, head of the Italian Meteorological Society, told CNN.
Persons: Luca Zaia, ” Zaia, ” Luca Mercalli, Emilia Romagna, Organizations: CNN, Workers, Sky24, Italian Meteorological Society Locations: Italy, Veneto, Europe, Spain, Greece, Rome, Italian, Emilia
Southern Europe is baking, thanks to a relentless heat wave with temperatures breaking records across Italy, Spain and Greece. Here’s what you need to know if you’re heading to Europe in the coming days, or are already there. How long will this heat wave last? Forecasts show the heat wave lasting for at least another week, through the end of July. However, this particular anticyclone — named Charon, for the ferryman for the dead in Greek mythology — follows closely on the heels of another high pressure system from the Sahara.
Locations: Southern Europe, Italy, Spain, Greece, Europe, North Africa, Sicily, Sardinia, Croatia, Switzerland, Canary
An unrelenting heatwave stretching across southern Europe is expected to push temperatures close to a record on Tuesday, with emergency workers in Spain, Greece and the Swiss Alps battling to contain wildfires. Italy, Spain and Greece are all forecast to see the mercury shoot above 40 degrees Celsius (104 Fahrenheit) as a second heatwave of the summer engulfs the region. Sardinia and Sicily could see temperatures peak at around 46 degrees Celsius on Tuesday, according to Italian weather news service Meteo.it. Europe's hottest-ever recorded temperature is believed to be 48.8 degrees Celsius, logged near the ancient city of Syracuse on the coast of Sicily in August 2021. The World Meteorological Organization believes this record could be broken in the coming days as the heatwave is expected to intensify.
Organizations: Swiss, World Meteorological Organization, U.S Locations: Athens, Europe, Spain, Greece, Italy, Sardinia, Sicily, Syracuse, China
In Italy, which has been particularly hard hit, temperatures in many cities are expected to soar above 40 degrees Celsius (104 Fahrenheit). In Spain, temperatures in the cities of Seville, Cordoba and Granada have reached 40 degrees Celsius. Even the normally cooler region of Navarra in the north of the country is experiencing up to 40 degrees Celsius. Firefighters have controlled the fire and it’s not yet clear if the region’s high temperatures played any role. While in the US, California’s Death Valley reached nearly 52 degrees Celsius (125.6) on Sunday.
Persons: Gregorio Borgia, Tiziana Fabi, Andres Gutierrez, EIRIF Handout, Catania, Niño, ” Christopher Hewitt Organizations: CNN, European Space Agency, ESA, Getty, La Palma, Anadolu Agency, Reuters, Firefighters, World Meteorological, WMO Locations: Europe, Italy, Spain, Greece, North Africa, Rome, Florence, Popolo, AFP, Athens, Seville, Cordoba, Granada, Navarra, La, Spain’s Canary, La Palma, Canary Islands, Tijarafe, Tenerife, Peloponnese, Catania, Sicily, China
CNN —Italian authorities have issued an “extreme” health risk for 15 cities including Rome and Florence this weekend as a heatwave that is baking Europe threatens to bring record temperatures. The ESA warned that Europe’s heatwave has only just begun with Spain, France, Germany and Poland also expected to see extreme weather, just as the continent welcomes an influx of tourists. In the south, temperatures in the cities of Seville, Cordoba and Granada have reached 40 degrees Celsius, or 104 degrees Fahrenheit. Meanwhile, even the normally mild region of Navarra in the north is seeing up to 40 degrees Celsius. Heat is one of the deadliest natural hazards – more than 61,000 people died in Europe’s searing summer heat wave last year.
Persons: , Remo Casilli, Guglielmo Mangiapne, it’s, Organizations: CNN, European Space Agency, ESA, Roman, Piazza del Popolo, Reuters, Local, Italian Meteorological Society Locations: Rome, Florence, Europe, Sicily, Sardinia, , Spain, France, Germany, Poland, Piazza, Reuters Greece, Athens, Italy, Seville, Cordoba, Granada, Mallorca, Navarra
CNN —A blistering and deadly heat wave is sweeping Europe, potentially bringing record-breaking temperatures. Parts of Spain, France, Greece, Croatia and Italy are all facing intense heat, with temperatures rising above 40 degrees Celsius (104 Fahrenheit). Heat is one of the deadliest natural hazards – more than 61,000 people died in Europe’s searing summer heat wave last year. Sardinia and Sicily are expected to be close to the current European temperature record of 48.8 degrees Celsius (nearly 120 Fahrenheit), according to the ESA. Temperatures were expected to stay around 40 degrees Celsius (104 Fahrenheit) across the region into next week.
Persons: , Antonio Masiello, Florence –, Alessandro Miani, SIMA, Italy “, rvoje Organizations: CNN, European Space Agency, ESA, Italian Meteorological Society, Piazza del Popolo, Italian Health Ministry, Italian Society of Environmental Medicine, RAI, Greek Culture Ministry, Police, Canadair, Reuters Locations: Europe, Spain, France, Greece, Croatia, Italy, Sardinia, Sicily, Rome, Lodi, Athens, Grebastica, Sbenik, Sibenik
Heatwave forces Athens to close Acropolis, wildfires hit Croatia
  + stars: | 2023-07-14 | by ( ) www.cnbc.com   time to read: +1 min
Italian meteorologists are calling the next phase of the heatwave "Charon" - a reference to the ferryman of the souls of the dead in Greek mythology. The European Space Agency (ESA), whose satellites monitor land and sea temperatures, has warned that Italy, Spain, France, Germany and Poland are all facing extreme conditions. Joan Ballester, a professor at the Barcelona Institute for Global Health, said France had learned lessons from a deadly 2003 heatwave that countries such as Italy, Greece, Spain and Portugal could follow. "There are measures that are relatively cheap, like for example, coordinating public entities also doing a census of vulnerable populations," Ballester, a co-author of this week's study, said. "But there are much more expensive measures, like for example, the redesign of cities to improve housing conditions," he told Reuters.
Persons: Joan Ballester Organizations: heatwave, European Space Agency, ESA, Barcelona Institute, Global Health, Reuters Locations: Greece, Acropolis, Europe, Italy, Spain, France, Germany, Poland, Sicily, Portugal
CNN —An already dangerous weeks-long heat wave will only worsen this weekend as a heat dome intensifies and reaches peak strength over parts of the Western United States. Around 100 million people are under heat alerts after the heat dome expanded into places like California, which is now experiencing its first extreme heat wave of the year. This shows how hot areas are compared to average with darker shades indicating more extreme heat. That’s only happened a handful of times, one of which is the all-time global record high temperature of 134 degrees. Before this latest wave, heat has already killed at least 12 people in Phoenix’s Maricopa County this year, and killed 425 people last year.
Persons: It’s, That’s, Dr, Matthew Levy, Levy Organizations: CNN, Western, Phoenix, National Weather Service, Johns Hopkins University School of Medicine, Las Vegas . Locations: Western United States, California, Texas , Florida, Arizona, Las Vegas, Florida, North, Beijing, China, Texas, Phoenix, Maricopa County, Southern California, Southwest, South
The European Space Agency (ESA), whose satellites monitor land and sea temperatures, has warned that Italy, Spain, France, Germany and Poland are all facing extreme conditions. Temperatures next week could break Europe's current record - 48.8 Celsius recorded in Sicily in August 2021. [1/5]A woman cools off near a fan at a caf?, during a heatwave across Italy, in Rome, Italy, July 14, 2023. ACROPOLIS NOT NOWIn Athens, with temperatures peaking above 40 Celsius, authorities closed the Acropolis Hill, home to the Parthenon temple that is visited by millions of tourists every year, from noon to 5 p.m. (0900 GMT-1400 GMT). Others were brought down from the Acropolis Hill in golf carts and transferred to wheelchairs.
Persons: BURNS, Joan Ballester, Guglielmo Mangiapane, Angel Abad, Abad, Deborah Kyvrikosaios, Angeliki, Stamos Prousalis, Antonio Bronic, Malgorzata, Horaci Garcia, Guillermo Martinez Catherine Macdonald, Rachel Norstrant, Rich McKay, Keith Weir, Gavin Jones, Frank Jack Daniel Our Organizations: Phoenix, European Space Agency, ESA, Barcelona Institute, Global Health, caf, REUTERS, Reuters, Madrid's La, Thomson Locations: ATHENS, PHOENIX, Greece, Acropolis, Europe, Italy, Spain, France, Germany, Poland, Sicily, El, United States, Phoenix, Arizona, Portugal, Rome, ACROPOLIS, Athens, Croatia, Madrid's La Paz
Cerberus heatwave fans out to Balkans
  + stars: | 2023-07-13 | by ( ) www.reuters.com   time to read: +1 min
[1/3] A couple covered in mud that is believed to be curative sit at the Queen's beach in Nin, Croatia, July 13, 2023. REUTERS/Antonio BronicBELGRADE, July 13 (Reuters) - Swathes of the Balkans sweltered in temperatures above 40 degrees Celsius (104 Fahrenheit) on Thursday in a heatwave named "Cerberus", after the three-headed dog of the underworld in Greek mythology, that has fanned across Europe. In the country's Adriatic resort of Nin, dozens of beachgoers covered themselves in thick black mud believed to have medicinal properties and an effective sunscreen. Temperatures were expected to stay around 40 degrees Celsius across the region into next week. Reporting by Aleksandar Vasovic in Belgrade and Antonio Bronic in Nin; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
Persons: Antonio Bronic, Josef, Aleksandar Vasovic, Emelia Sithole Organizations: REUTERS, Antonio Bronic BELGRADE, Thomson Locations: Nin, Croatia, Antonio, Balkans, Europe, Sibenik, Slovakia, Montenegro, Bosnia, Serbia, Belgrade
ATHENS/ROME, July 13 (Reuters) - Southern Europe sweltered under a fierce heatwave on Thursday, with a warning that temperatures could hit record highs for the continent next week. Health authorities issued a top, red alert warning for 10 Italian cities for the next two days, including Rome, Florence, Bologna and Perugia. Weather forecasts and official records are based on the air temperature which is significantly lower than the land surface reading. The record European temperature of 48.8C was registered in Sicily in August 2021 and could be exceeded next week, according to the European Space Agency. "With this solitude and this heat emergency, we see an explosive mix," he told a press conference.
Persons: Europe's sweltering, Luca Lombroso, Marco Impagliazzo, It's, Michele Kambas, Pietro Lombardi, Emma Pinedo, Keith Weir, Crispian Balmer, Emelia Organizations: Italian Meteorological Society, Health, Agency's Sentinel, European Space Agency, Catholic, Thomson Locations: ATHENS, ROME, Southern Europe, Islands, Italy, Cyprus, Greece, Athens, Europe's, Lodi, Rome, Florence, Bologna, Perugia, Spain, Extremadura, Sicily
The record for the highest temperature in European history was broken in August 2021, when 48.8C was registered in Floridia, a town in Italy's Sicilian province of Syracuse. In Italy, meanwhile, temperatures could soon reach as high as 48 degrees Celsius on the islands of Sardinia and Sicily. Scientists at the European Space Agency said that record could be broken again in the coming days. The Italian Meteorological Society (SMI), meanwhile, told CNBC that it was not yet possible to forecast whether Europe's temperature record would soon be equaled or surpassed. Researchers say global heating is strongly increasing the odds of heatwaves such as the one currently sizzling in countries across Europe.
Persons: 48.8C Organizations: European Space Agency, Italian Meteorological Society, CNBC Locations: Tempio Pausania, Sardinia, Italy, Floridia, Italy's Sicilian, Syracuse, Europe, Spain, France, Greece, Croatia, Turkey, Sicily, Rome, Florence, Bologna
CNN —A blistering and deadly heat wave in Italy this week could break records, with temperatures predicted to soar past 45 degrees Celsius (113 Fahrenheit) in some parts of the country. The warning comes on the heels of a report published in Nature on Monday, which found that last year’s heat wave killed 61,672 people in Europe. The heat wave is also affecting other European countries including France, Germany and Spain. This heat wave follows another one in Spain in April, which saw temperatures soar to 38.8 degrees Celsius, smashing the previous national monthly record. Scientists found that this heat wave – which also affected Portugal, Morocco and Algeria – was made 100 times more likely by the human-caused climate crisis.
Persons: ” Luca Mercalli, Nicola Fratoianni, ” Fratoianni, Giuseppe Napolitano, Emanuele Perrone, Mercalli, Gregorio Borgia, Cerberus, Algeria – Organizations: CNN, Italian Meteorological Society, Twitter, Health Locations: Italy, Italian, Lodi, Rome, Tempio Pausania, Sardinia, Europe, Florence, Bologna, Nature, United States, Sicily, France, Germany, Spain, Portugal, Morocco, Algeria
Reuters is revealing details of the Diego Garcia project and SubCom’s deepening ties with the Pentagon. SubCom’s loyalty is especially important because it is the only major U.S. subsea cable company. Rather, they carefully obscured the U.S. military component within a larger private-sector cable project, according to four subsea cable industry sources with knowledge of the arrangement. That project, known as the Oman Australia Cable, was spearheaded by SUBCO, a Brisbane-based subsea cable investment company owned by Australian entrepreneur Bevan Slattery. Once the Navy project was complete, AT&T’s submarine cable project morphed into a commercial business, the former employees said.
Persons: Diego Garcia, SubCom, Cerberus, Stephen Feinberg, Donald Trump, Feinberg, Joe Biden, Biden, Eckhard Bruckschen, They’ve, ” Bruckschen, Trump, Brad Smith, , Mao Ning, , Jacob Helberg, Bevan Slattery, SUBCO’s, Richard Payne, Payne, “ We’re, ” Payne, Alex Kerska, Catherine Creese, Creese, David Coughlan, Coughlan, Slattery, SubCom’s Coughlan, Rich, Australia West Express –, John Mariano, Anthony Albanese, Albanese, Caesar, Kellee Wicker, ” Wicker Organizations: CS, SubCom, Google, Microsoft, Meta, ., U.S, Navy, Cerberus Capital Management, U.S . Navy, President’s Intelligence, Board, U.S . Navy’s Pacific Fleet, U.S . Pacific Fleet, U.S ., Pentagon, America Inc, Cable Consultancy, Reuters, Japan’s NEC Corporation, France’s Alcatel Submarine Networks, China’s HMN, U.S . Department of Defense, White, U.S . Department of Justice, Foreign, Oracle, China Economic, Security, Commission, U.S . Department of Transportation, Department of Defense, government’s, Cable Security Fleet, Oman Australia Cable, SUBCO, The, The U.S . Pacific Fleet, SUBCO’s Oman Australia Cable, Facebook, Defense, Intelligence, SubCom’s, London Stock Exchange Group, U.S . Coast Guard, Naval, Cable, Office, Tyco Telecommunications, Australian, Financial, Australia West Express, GoTo Networks, couldn’t, Netflix, AT, Tyco International, Tyco, New, Washington, Science, Technology, Wilson, “ Cables Locations: Diego, Indian, China, New Jersey, United States, U.S, Soviet, Washington, New York, Philippine, South China, Beijing, America, American, Hong Kong, Switzerland, Eatontown , New Jersey, British, Britain, Australian, Australia, Oman, Brisbane, Southeast Asia, The U.S, SUBCO’s Oman, Perth, SubCom, Guam, U.S . Pacific, Republic of Djibouti, of Africa, Djibouti, Sri Lanka, Scotland, Newfoundland
Reuters is revealing details of the Diego Garcia project and SubCom’s deepening ties with the Pentagon. SubCom’s loyalty is especially important because it is the only major U.S. subsea cable company. Rather, they carefully obscured the U.S. military component within a larger private-sector cable project, according to four subsea cable industry sources with knowledge of the arrangement. That project, known as the Oman Australia Cable, was spearheaded by SUBCO, a Brisbane-based subsea cable investment company owned by Australian entrepreneur Bevan Slattery. Once the Navy project was complete, AT&T’s submarine cable project morphed into a commercial business, the former employees said.
Persons: Diego Garcia, SubCom, Cerberus, Stephen Feinberg, Donald Trump, Feinberg, Joe Biden, Biden, Eckhard Bruckschen, They’ve, ” Bruckschen, Trump, Brad Smith, , Mao Ning, , Jacob Helberg, Bevan Slattery, SUBCO’s, Richard Payne, Payne, “ We're, ” Payne, Alex Kerska, Catherine Creese, Creese, David Coughlan, Coughlan, Slattery, SubCom’s Coughlan, Rich, Australia West Express –, John Mariano, Anthony Albanese, Albanese, Caesar, Kellee Wicker, ” Wicker, Joe Brock, Mohammad Kawoosa, Edgar Su, Catherine Tai Design, Eve Watling, Marla Dickerson Organizations: CS, SubCom, Google, Microsoft, Meta, ., U.S, Navy, Cerberus Capital Management, U.S . Navy, President’s Intelligence, Board, U.S . Navy’s Pacific Fleet, U.S . Pacific Fleet, U.S ., Pentagon, America Inc, Cable Consultancy, Reuters, Japan’s NEC Corporation, France’s Alcatel Submarine Networks, China’s HMN, U.S . Department of Defense, White, U.S . Department of Justice, Foreign, Oracle, China Economic, Security, Commission, U.S . Department of Transportation, Department of Defense, government’s, Cable Security Fleet, Oman Australia Cable, SUBCO, The, The U.S . Pacific Fleet, SUBCO’s Oman Australia Cable, Facebook, Defense, Intelligence, SubCom’s, London Stock Exchange Group, U.S . Coast Guard, Naval, Cable, Office, Tyco Telecommunications, Australian, Financial, Australia West Express, GoTo Networks, couldn’t, Netflix, AT, Tyco International, Tyco, New, Washington, Science, Technology, Wilson, “ Cables Locations: Diego, Indian, China, New Jersey, United States, U.S, Soviet, Washington, New York, Philippine, South China, Beijing, America, American, Hong Kong, Switzerland, Eatontown , New Jersey, British, Britain, Australian, Australia, Oman, Brisbane, Southeast Asia, The U.S, SUBCO’s Oman, Perth, SubCom, Guam, U.S . Pacific, Republic of Djibouti, of Africa, Djibouti, Sri Lanka, Scotland, Newfoundland
MUMBAI, June 27 (Reuters) - Goswami Infratech, a Shapoorji Pallonji group entity, closed India's largest debt issue from a low-rated company on Tuesday, signalling growing interest in high-yielding debt from local and global private credit funds, bankers and fund managers said. Goswami Infratech accepted bids worth 143 billion rupees ($1.74 billion), including from Edelweiss Special Opportunities Fund, Davidson Kempner, Ares Capital Management, Varde Partners and Cerberus Capital Management, the bankers said. "We are seeing money coming in from global asset managers, international development financial institutions and large pension funds in Indian private credit funds," said Vineet Sukumar, founder of Vivriti Asset Management, which also manages a private credit fund. Two recent changes in regulation have also provided a boost to private credit funds. The tweaks have led to more funds from high net worth individuals and family offices flowing into private credit funds, while elevated yields are further leading to attractive investment opportunities.
Persons: Goswami Infratech, Davidson Kempner, Sukumar, Ajay Manglunia, Saurabh Jhalaria, Karthik Athreya, Sundaram, Dharamraj Dhutia, Bhakti, Sohini Goswami Organizations: Edelweiss, Fund, Ares Capital Management, Varde Partners, Cerberus Capital Management, Deutsche Bank, Standard Chartered Bank, Ares, Vivriti Asset Management, JM Financial, EY, Asset Management, Thomson Locations: MUMBAI, India
Bankrupt rocket company Virgin Orbit received a $17 million "stalking horse" bid for its modified 747 carrier jet and other aircraft assets, as it continues to examine options during Chapter 11 court proceedings. A stalking horse bid represents the first foray on assets of a bankrupt company, and effectively sets the minimum bid for any potential competing offers. According to bankruptcy filings released Tuesday, the stalking horse agreement followed "hard-fought negotiations" between the companies. Virgin Orbit filed for bankruptcy protection on April 4 after the company failed to secure a funding lifeline and laid off nearly its entire workforce. Virgin Orbit previously disclosed that it received "over 30 indications of interest" during its bankruptcy process, with the company continuing to look for a wholesale deal.
MADRID, May 5 (Reuters) - Spain's Santander (SAN.MC) has agreed to sell a portfolio of distressed loans with a gross value of 1.1 billion euros ($1.21 billion) to U.S. private equity fund Cerberus and real estate loan manager Axactor, Expansion reported on Friday. The loan portfolio, dubbed 'Spirit project', includes personal loans, some mortgages, and loans to medium and small companies, Expansion said, citing unidentified financial sources. The first loan portfolio, of around 660 million euros, was sold to Gescobro, a Spanish unit of Cerberus, and the second, of around 440 million euros, to Axactor, it said. Santander declined to comment, while Cerberus and Axactor did not immediately reply to a request for comment. Spanish banks were very active in the past in shedding real estate assets that went bad in the economic slump that followed the bursting of Spain's real estate bubble at the end of 2007.
NEW YORK, April 20 (Reuters) - The co-head of the private equity firm that owns Dominion Voting Systems said the company's $787.5 million settlement with Fox Corp (FOXA.O) held Fox accountable for spreading lies even if it did not apologize or admit wrongdoing. The settlement came with no apology or admission of wrongdoing on behalf of Fox, just an acknowledgement of the court's rulings finding some claims about Dominion to be false. Dominion and Staple Street achieved their goals by exposing the truth and Fox News' "offensive" actions and getting the media company to pay for them, Yaghoobzadeh said. In a statement following Tuesday's settlement, Fox said it was committed to the highest journalistic standards. Dominion funded the litigation through its own resources, without Staple Street or a third party providing financial backing, Yaghoobzadeh said.
Total: 25