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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

African Leaders Push for Debt, Climate Financing Reforms at Africa Forward Summit

By Mbungu Harrison  Email, [email protected] African policymakers and development finance leaders meeting in Nairobi have called for urgent reforms to align debt sustainability, climate transition and development financing. This is amid the rising costs of borrowing and shrinking fiscal space across the continent. The leaders spoke during a high-level side event held on the margins…

Private equity’s liquidation of London continues

ONE day, there won’t be any decent London-listed companies left for private equity funds to buy. The latest attempt at a UK leveraged buyout may be remarkable for its size, but it otherwise conforms to a familiar pattern that’s seeing the market gradually liquidated by cash bids from buyout firms and foreign bidders. Intertek Group…

‘Operation Porterhouse Parlay’: 22 defendants plead not guilty in alleged gambling ring after NW Indiana restaurant FBI raids

HAMMOND, Ind. (WLS) — Suspects appeared in court Thursday following “Operation Porterhouse Parlay,” a series of raids last month in Northwest Indiana. Federal agents have been investigating illegal gambling and extortion rings allegedly involving restaurant owners James Gerodemos, Dean Gialamas and Filippo Rovito, among others. All 22 defendants pleaded not guilty Thursday. While it hasn’t…