LA Private

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Cash Converters Completes $15.74 Million Placement

Cash Converters International has successfully completed the institutional component of its equity raising, securing $15.74 million. This was achieved through a fully underwritten placement and an institutional entitlement offer. The company aims to bolster its financial position as it eyes strategic expansions. Cash Converters is a retailer and finance provider with operations primarily in Australia […]

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Limited Crisis Prep Could Trigger Bailouts: BoE

Some firms operating in the British government bond market have made insufficient preparations for a future crisis, potentially increasing the need for public bailouts, Bank of England policymaker Jonathan Hall cautioned on Thursday. Hall, an external member of the BoE’s Financial Policy Committee, highlighted the risk of a repeat of the 2008 financial crisis, where

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Unilever Navigates US Shutdown Impact

Unilever (ULVR.L) has reported that the ongoing government shutdown in the United States has not significantly impacted consumer sentiment, according to the company’s CEO. The shutdown, now in its fourth week, has raised concerns among businesses regarding potential disruptions to consumer spending and financial activities. Unilever is a global consumer goods company that owns brands

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Blackstone Eyes Potential IPO Boom

Blackstone (BX.N) anticipates a surge in initial public offerings, potentially leading to one of its most significant years for such deals. The firm’s total assets under management reached a record $1.24 trillion, executives announced on Thursday. Blackstone is the world’s largest alternative asset manager. The company invests across asset classes on behalf of institutional and

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Wall St rebounds on earnings strength, ASX set to open higher

The S&P 500 has risen on Thursday, lifted by technology shares and strong corporate earnings. The index closed up 0.58% at 6,738.44. The Dow Jones gained 144 points, or 0.31%, finishing at 46,734.61. The Nasdaq Composite outperformed, advancing 0.89% to settle at 22,941.80. Tech giants led the charge, with Nvidia, Broadcom and Amazon pacing gains.

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