Rogers to take a position C$10 billion in AI, testing after large outage
The Rogers Constructing, the green-topped company campus of Canadian media conglomerate Rogers Communications is seen in downtown Toronto, Ontario, Canada July 14, 2022. REUTERS/Chris HelgrenRegister...
Battery Ventures Closes New Funds Totaling Extra Than $3.8 Billion
BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--Battery Ventures, a worldwide, technology-focused funding agency, has closed new funds totaling $3.8 billion to proceed backing modern firms worldwide in...
Philadelphia funding agency Swarthmore Group, managing $1.5 billion, is shutting down
Swarthmore Group, the Philadelphia stock-and-bond funding agency began by lawyer-turned-prominent finance skilled James Nevels in 1991, will exit of enterprise on Thursday, in response to...
The CEO of a $68 billion funding agency out of the blue stop, says he’ll sit on the seaside and ‘do nothing’
Jupiter Fund Administration CEO Andrew Formica is leaving the $68 billion agency to hold on the seaside and "do nothing." Formica, 51 years outdated, joined...
Ares Charges Ahead With Plans to Reach $500 Billion in AUM
Ares plans to double assets under management by 2025. It was supposed to be splashy news at Ares Management Corp.’s investor day.Executives with the Century...
More Raiders Business/Finance Staff Departures Before Season Starts Raise Suspicious Red Flag; Raiders Valued At $3.415 Billion, Magazine Says
By Alan Snel of LVSportsBiz.com Not only did popular Raiders President Marc Badain walk away from the NFL team last month without previously hinting at...
News Corp to Buy Oil Price Information Service for $1.15 Billion
News Corp said it expects to get an estimated tax benefit of $180 million as part of the deal. Photo: SOPA Images/Zuma Press News Corp...
Wipro Bets $1 Billion on Cloud Services Consulting Business, Plans Acquisitions
by Joe Panettieri • Jul 21, 2021 Global IT consulting company Wipro has launched Wipro FullStride Cloud Services, which includes a commitment to invest $1...
Global Atlantic Announces $4.8 USD Billion Whole Life Reinsurance Deal
HAMILTON, Bermuda--(BUSINESS WIRE)--Global Atlantic Financial Group (“Global Atlantic”), a leading U.S.-focused annuity, life insurance and reinsurance company, today announced the signing of a USD $4.8...
Commercial Insurance Market is Projected To Reach USD 1,227.80 Billion By 2028, Growing At A Cagr Of 8.5%
BANGALORE, India, July 8, 2021 /PRNewswire/ -- Commercial Insurance Market By Type (Commercial Motor Insurance, Commercial Property Insurance, Liability Insurance, Marine Insurance, and Others), Distribution Channel...