Bloomberg BGC Partners Inc., a brokerage serving financial and real estate markets, agreed to acquire Sunrise Brokers Group to expand its equity-derivatives business. Sunrise Brokers, founded in 1991, reported $90 million of consolidated revenue for last year, BGC said in a statement, without disclosing the terms of the deal. “This transaction enables us to further expand our equity derivatives ...

  Bloomberg Legal & General Group Plc cut the discount investors must accept to withdraw cash from its 2.5 billion-pound ($3.3 billion) UK property fund after applications for redemptions slowed. Investors spooked by Britain’s vote to leave the European Union now face a loss of 10 percent, compared with a 15 percent charge imposed after redemption requests surged in the ...

  RIYADH / TNS Foreign investments in the Kingdom recorded a rise of 9 percent, equivalent to SR94.32 billion by the end of the first quarter of this year compared with the same period last year. The total value amounted, by the end of the first quarter of this year, to SR1.135 trillion, compared to SR1.041 trillion by the end ...