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Tag: BACT

Kenyans ponder a first female vice president as results awaited

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Former justice minister Karua eyes vice president post Country often sees violent attacks on female candidates Karua says priority will be to stamp out corruption MOMBASA, Kenya Aug 9 (Reuters) – As Kenyans await the outcome of Tuesday’s election, they are wondering if Martha Karua might be their first female vice president, becoming the highest…

Norwegian Cruise in choppy waters as pre-pandemic occupancy still a year away

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U.S. Norwegian Cruise Line Holdings cruise ship Marina arrives at the Havana bay, Cuba March 9, 2017. REUTERS/Alexandre Meneghini/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Norwegian Cruise Line Holdings Ltd (NCLH.N) forecast a loss for the current quarter and revenue below estimates as occupancy rates remained stubbornly…

After a record first half, Lamborghini prepares for a cold winter

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Detail view shows the Lamborghini Aventador Roadster front during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 13, 2017. REUTERS/Kai Pfaffenbach/File Photo Register now for FREE unlimited access to Reuters.com Register DETROIT, Aug 2 (Reuters) – Wealthy sports car enthusiasts powered Italian supercar brand Lamborghini to record first-half deliveries and profitability, but Chief Executive…

Betting on a recession, U.S. distressed debt funds seek fresh capital

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NEW YORK, July 27 (Reuters) – Several U.S. distressed debt asset managers are in fundraising talks with investors to boost their firepower, anticipating that a recession will create more opportunities to snap up and profit off troubled companies’ debt, according to multiple sources. Investment firms including Oaktree Capital Management, GoldenTree Asset Management, Monarch Alternative Capital…