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U.S. business equipment borrowings grew 6% in October

U.S. companies borrowed 6% more in October to finance equipment investments compared with a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Monday. The companies signed

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Investors flock to short crypto funds, products as negative sentiment deepens

Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange FTX rippled across the industry and significantly weighed on

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Honeywell to pay $1.3 bln to resolve asbestos-related claims

Honeywell International Inc (HON.O) will pay $1.3 billion to end asbestos-related claims stemming from its former unit, the industrial giant said on Friday, helping it reduce its environmental liabilities. The

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U.S. rail shutdown would be ‘unacceptable,’ White House official says

A shutdown of U.S. rail lines would be “unacceptable,” because it would harm workers, families and businesses, a White House official said on Monday after the nation’s largest rail union

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France demands Twitter ensure it can preserve ‘safe environment’

French regulator Arcom said on Monday it had sent a letter to Twitter asking it to ensure by Nov. 24 that it can meet its legal obligation to guarantee transparent

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Morgan Stanley IM launches $1 bln climate-focused private equity strategy

Morgan Stanley Investment Management said on Monday it had launched a new $1 billion private equity strategy to invest in companies which will remove 1 gigaton of carbon dioxide emissions

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‘Krunchy Dream’ welcomes Russian customers after Krispy Kreme exit

Russians craving a doughnut fix can now visit ‘Krunchy Dream’, a string of new cafes opening where U.S. chain Krispy Kreme Inc (DNUT.O) shops once stood, as the latest imitation

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