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CBC Group raises $500 million for Asia’s largest healthcare private credit fund

By Yantoultra Ngui SINGAPORE (Reuters) -CBC Group, Asia’s largest healthcare-focused asset manager, has raised $500 million for its second R-Bridge Healthcare Fund, making it the region’s biggest healthcare private credit fund, the company said on Wednesday. The fundraising is occurring ...
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Asia shares recover, dollar eases as Fed cut bets reclaim spotlight

By Rae Wee SINGAPORE (Reuters) -Asian stocks staged a tentative rebound on Wednesday, helped by dovish comments from Federal Reserve Chair Jerome Powell and upbeat bank earnings on Wall Street, though simmering U.S.-China trade tensions kept a lid on risk ...
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Exclusive-Foxconn bid for stake in unit of Germany’s ZF Group stalls, documents show

By Engen Tham and Ilona Wissenbach (Reuters) -Foxconn’s two-year pursuit of a stake in a unit of German auto supplier ZF Group stalled last month due to a substantial mismatch in valuation expectations and a higher-than-estimated debt pile, according to ...
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LA County Board approves emergency declaration over immigration raids

By Brad Brooks and Daniel Trotta (Reuters) -Los Angeles County moved a step closer on Tuesday to enacting an eviction moratorium that would protect renters who have been financially harmed by President Donald Trump’s immigration crackdown.   The Los Angeles County Board ...
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Stellantis says it will invest $13B to expand its US operations, adding more than 5,000 jobs

Stellantis says it will invest $13 billion over the next four years to expand its manufacturing capacity in the United States, a move that the automaker says will increase its domestic vehicle production by 50% and add more than ...
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Alaska residents displaced by remnants of Typhoon Halong have limited options as winter sets in

JUNEAU, Alaska (AP) — Officials in Alaska rushed Tuesday to find housing for people from tiny coastal villages devastated by the remnants of Typhoon Halong. But the remote location and severe damage are limiting their options as they race ...
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Meta removes ICE-tracking Facebook page in Chicago at the request of the Justice Department

Meta has removed a Facebook page used to track the presence of immigration agents at the request of the Department of Justice, the company confirmed on Tuesday. Attorney General Pam Bondi said in a post on X that “following outreach” ...
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MacKenzie Scott cuts Amazon stake by 42%, Bloomberg News reports

(Reuters) -Billionaire philanthropist MacKenzie Scott has reduced the size of her stake in Amazon.com by 42% since last year, Bloomberg News reported on Tuesday, citing a regulatory filing. Scott, the former wife of Amazon founder Jeff Bezos, holds 81.1 million ...
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IMF chief says lack of retaliation against Trump tariffs aiding global growth

By Karin Strohecker and David Lawder WASHINGTON (Reuters) -Decisions by most countries to not retaliate against U.S. President Donald Trump’s tariffs are among the top factors bolstering the global economy’s resilience, IMF Managing Director Kristalina Georgieva said on Tuesday. “The world, ...
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Trump administration says 4,108 workers have been fired since shutdown began

By Daniel Wiessner and Courtney Rozen (Reuters) -The number of U.S. federal worker layoffs as a result of the government shutdown was revised downward on Tuesday, suggesting the administration’s initial statement about sweeping job cuts was too ambitious. The Trump administration ...
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US air safety at risk with traffic controllers as ‘pawns’ in shutdown, official says

By David Shepardson and Doyinsola Oladipo ARLINGTON, Virginia/NEWARK (Reuters) -More than 13,000 U.S. air traffic controllers face rising stress and financial insecurity after Tuesday’s disbursement of what will be their last paycheck during the government shutdown, posing potential risks for ...
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Chevron pushes for say in Venture Global request for Plaquemines LNG startup extension

By Curtis Williams HOUSTON (Reuters) -Chevron on Tuesday asked federal regulators to let it offer an opinion on Venture Global’s recent request for more time to commission the Plaquemines LNG plant in Louisiana, at which the U.S. oil major has ...
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