Corporate Finance Business Capital

  • *Cuts 2016 profit forecast for second time in three months. *Outlook next year still tough. EDINBURGH, Dec 8- British outsourcer Capita said it would sell assets and trim costs in a bid to protect its balance sheet after Brexit-related client indecision prompted it to cut its profit forecast for the second time in three months.

  • *But now Lisbon aims to copy Berlin's success. Already Lisbon has earned the right to host Europe's biggest tech conference, Web Summit, this month. Lisbon is a small speck in the universe of Europe's startup giants like London and Berlin, not least due to an acute shortage of venture capital in the Portuguese economy, which remains slow growing and heavily...

  • Japan's core machinery orders fell 2.2 percent in August from the previous month, in a sign of fragility in capital expenditure.

  • Capex in Japan has been disappointing: Economist

    Japanese companies have been making record profits but capital expenditure remains weak, says Japan Macro Advisors' Takuji Okubo.

  • Eurogroup president Jeroen Dijsselbloem discusses the relationship between the American authorities and European banks.

  • Deutsche Bank possibly seeking capital injection

    Rumors circulate that embattled German lender Deutsche Bank may be looking to raise capital in the face of a $14-billion penalty.

  • SAN FRANCISCO, Oct 6- Venture capitalists poured $15 billion into startups in the third quarter, putting this year on pace to be the third largest ever for investment activity, according to a report released on Thursday. So far this year, venture-backed companies have raised $56 billion across nearly 6,000 funding deals, according to a report from venture...

  • Deutsche Bank needs to raise its capital ratio: expert

    Richard Portes, president for the Centre for Economic Policy Research, says the bank is not in trouble in the short-term, but needs more capital.

  • Banks are facing multiple headwinds: Strategist

    Antonin Jullier, global head of equity trading strategy at Citi, talks about the problems facing banks to attract capital.

  • No news is considered good news by investors, who sent the Nikkei up 1 percent after the closely watched BOJ survey.

  • Don't underestimate the Japanese economy: Expert

    Japanese corporates are sitting on huge amounts of capital, which could be used to boost the Japanese economy, says the Milken Institute's Kotaro Tamura.

  • *Bank sells UK insurance business in $1.2 billion deal. FRANKFURT, Sept 28- The German government denied it was working on a rescue of Deutsche Bank as Germany's biggest lender boosted its balance sheet by selling its British insurance business on Wednesday. Deutsche is facing a $14 billion fine from the U.S. Department of Justice and concerns over its funding...

  • SAO PAULO, Sept 21- BR Properties SA is analyzing whether to raise capital through a share offering, Chief Executive Martin Jaco said on Wednesday, a sign that the Brazilian commercial real estate company is preparing for potential acquisitions in coming months. São Paulo-based BR Properties sees a so-called follow-on equity offering as a feasible way to...

  • MILAN, Sept 9- Italian bank Monte dei Paschi plans to appoint a new chief executive in the next few days to lead a 5 billion-euro capital raising which is needed to stave off the risk of the world's oldest bank being wound down. The Tuscan bank may need one or two more days to get informal approval for the new CEO from the European Central Bank, the source added.

  • MILAN, Sept 9- Italian bank Monte dei Paschi plans to hire a new chief executive in the next few days to lead a 5 billion euro capital raising needed to stave off the risk of the world's oldest lender being wound down. The Tuscan bank may need one or two more days to get informal approval for the new boss from the European Central Bank, the source added.

  • MILAN, Sept 9- Italian bank Monte dei Paschi plans to hire a new chief executive in the next few days to lead a 5 billion euro capital raising needed to stave off the risk of the world's oldest lender being wound down. The Tuscan bank may need one or two more days to get informal approval for the new boss from the European Central Bank, the source added.

  • FRANKFURT, Sept 8- When Germany's top utility E.ON lists its power generation and energy trading business Uniper next Monday, investors known as index trackers with about a quarter of the shares will sell, that much is clear. "We will see jittery investors on the first day that will seek to sell Uniper, that's quite clear," E.ON Chief Executive Johannes Teyssen said...

  • Markets constrain the Fed's ability to raise rates: Expert

    Ashok Shah, director of London & Capital, discusses the Federal Reserve and how the cost of capital is changing.

  • The dip in ag-tech financing follows 2015' s record-high $4.6 billion investment, according to Ag Funder. "It's an area we're keenly interested in," said Matt Bell, principal of Cultivian Sandbox Ventures, whose investments include Harvest Automation, a company that makes mobile robots for tree nurseries. Headon will spend C $250,000 retrofitting his tractor...

  • LONDON, Aug 8- Six weeks after Britain's vote to leave the European Union threw London's future as a leading global fintech hub into doubt, there are tentative signs the country's reputation for innovation in financial services will survive. From high in a skyscraper in Canary Wharf to Victorian warehouses around "Silicon Roundabout", some of the startups...