Cansel

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Carlyle’s Conway: ‘Europe Is The Best Place To Be’

William Conway, co-founder and co-chief executive of the $199 billion alternative investment giant Carlyle Group, is in little doubt about where he wants to do deals: “Europe is not just the safest place to be but the best place to be.”

Even as the markets tanked, this was the busiest week for IPOs in years

It’s been a busy period for IPOs. While stock investors have turned panicky, enough initial public offerings came to market in the days beforehand to make the week of July 28 the biggest week for debut issues since 2007.<p>Highlighting the IPO surge are offerings like that of Israel-based technology …

Venture Capital

Warren Buffett’s firm just made the most money ever in a single quarter

Warren Buffett is a happy man. In the second quarter of this year, his firm, Berkshire Hathaway, made $6.4 billion in net profit, the most it has ever made in a three-month period. To put that in perspective, ExxonMobil made $8.8 billion and Apple made $7.7 billion in the same period—and they make …

Investing

Millionaire City executive who dodged £43,000 in train fares unmasked

Jonathan Burrows, 44, should have paid £21.50 for commute, but got away with paying £7.20 over period of five years<p>A millionaire City executive who dodged £43,000 in train fares and hoped to avoid prosecution has been unmasked.<p>Jonathan Burrows, 44, tried to keep his anonymity by reimbursing …

FCC calls Verizon plan to throttle speeds 'disturbing'

Verizon's biggest users may soon find that their data plans aren't so "unlimited" after all. And federal regulators aren't happy about it.<p>Federal Communications Commission chairman Tom Wheeler sent a letter to Verizon (VZ) questioning its plan announced last week to slow down 4G connection speeds …

China private sector listings trump state fees for first time

Investment banks are for the first time making more money helping private Chinese companies list on the public markets, than from the country’s vast …

China