ADB’s private sector operations commitments reach $2.3Bn in 2017
Asian Development Bank (ADB) private sector operations over the past year reached $2.3Bn, growing the bank’s overall portfolio of private sector operations by 17% to $10.9Bn. The 27 new private sector operations committed in 2017 accounted for 13.4% of overall signed regular ordinary capital resources financing. Last year’s commitments were complemented by $5.9Bn in cofinancing, […]
Michael Kors completes acquisition of Versace and changes name to Capri Holdings
Michael Kors Holdings Limited global fashion luxury group completed today the acquisition of Versace for a total consideration of €1.83 Bn (approximately $2.12 Bn on the date of announcement). The US fashion holding also unveiled that they will change their name into Capri Holdings Limited. Therefore, beginning on January 2nd, 2019, its New York Stock […]
IMF’s Lagarde: US-China trade war puts at risk a 0.8% of global growth
“If you model tariffs on a large portion of the goods that are traded, you take the entire volume of goods traded between the U.S. and China, in particular, $500Bn, you apply tariffs to that. You are at risk, you are putting at risk .8 percent of global growth. If on the other hand, you […]
