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Bahrain’s Investcorp sets sights on up to 6 new investments

  Reuters Bahrain-based Investcorp is aiming to make one to two new investments in the next year in each of its regions of the United States, Europe and the Gulf, Co-Chief Executive Rishi Kapoor said on Thursday. The investments will help contribute to Investcorp’s goal of more than doubling its assets under management in the next five to seven years ...

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Clintons made $10.6mn in 2015, paid $3.6mn tax

  Bloomberg Democratic presidential nominee Hillary Clinton and her husband, former president Bill Clinton, earned adjusted gross income of $10.6 million in 2015 and paid $3.6 million in federal income taxes, according to a tax return her campaign released as it sought to draw a contrast with her Republican rival, Donald Trump. Their income would place the Clintons well within ...

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Venezuela hikes minimum wage by 50% as inflation soars

  Bloomberg President Nicolas Maduro raised Venezuela’s minimum wage 50 percent and announced that his oil and foreign ministers will visit producer countries to lobby for price increases ahead of an informal OPEC meeting next month. The wage increase becomes effective Sept. 1, Maduro said, and applies to all workers earning minimum wages and all public employees, members of the ...

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