Head of Real Estate Firm Pleads Guilty in $62.8 Million Investment Fraud Targeting CrowdStreet Investors

Note: Picture for illustrations purposes only. ATLANTA – May 19, 2025 — Elchonon “Elie” Schwartz, the head of a prominent commercial real estate investment firm, pleaded guilty today to one count of wire fraud in connection with a sweeping investment fraud scheme that bilked more than 800 investors out of approximately $62.8 million. The funds […]

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Ares Enters Exclusive Talks to Acquire $2.2 Billion Stake in Eni’s Clean Energy Unit, Plenitude

Rome, Italy – May 2025 — Eni has entered exclusive negotiations with Ares Alternative Credit Management to sell a 20% stake in its clean energy and electric mobility subsidiary, Plenitude. The proposed transaction values Plenitude between €9.8 billion and €10.2 billion, with a total enterprise value exceeding €12 billion. The $2.2 billion deal underscores strong […]

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Valeo Raises €650 Million Through Green Bond to Fund Low-Carbon Mobility Projects

Paris, France – May 2025 — Valeo has successfully raised €650 million through a green bond issuance aimed at accelerating its low-carbon mobility initiatives, particularly in vehicle electrification. The bond, which matures on 20 May 2031, carries a fixed annual coupon of 5.125% and was issued under the company’s Green and Sustainability-Linked Financing Framework. The […]

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African Union and European Union to Hold Ministerial Meeting in Brussels

***EU remains Africa’s largest trading partner, biggest investor, and leading humanitarian donor, with €309 billion in foreign direct investments in Africa in 2022. The African Union (AU) and European Union (EU) will convene their third ministerial meeting in Brussels, Belgium, on May 21, 2025. This gathering marks a significant milestone, as it coincides with the […]

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Austria Confirms €19.7 Billion Infrastructure Spend for 2025–2030

Vienna, Austria – May 2025 — The Austrian Federal Government has confirmed a significant investment in the country’s rail infrastructure, allocating €19.7 billion to Austrian Federal Railways (ÖBB) for the period between 2025 and 2030. The funding package, announced this week, underscores Austria’s continued commitment to sustainable transportation, regional connectivity, and modernized public transport systems. […]

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National Manufacturing & Supply Chain Exhibition and Conference 2025: Shaping the Future of Industry

📍 RDS Simmonscourt, Dublin 4 | 🗓 May 28–29, 2025 | 🎟 Free Registration Now Open Ireland’s leading industrial showcase returns this May as the National Manufacturing & Supply Chain Conference and Exhibition 2025 brings together the most influential voices in manufacturing, logistics, innovation, and policy. Hosted by Premier Publishing & Events, this highly anticipated […]

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World Health Assembly opens amid high-stakes pandemic treaty vote, global funding crisis

Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization, urged Member States to remain focused on shared goals even amid global instability. “We are here to serve not our own interests, but the eight billion people of our world,” he said in his keynote address at the Palais des Nations. “To leave a heritage for […]

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India’s Forced Detainment and Deportation of 40 Rohingya Refugees to Myanmar Sparks International Outrage

The Indian government’s recent actions have drawn widespread condemnation after at least 40 Rohingya refugees—comprising women, children, and elderly individuals—were forcibly deported from New Delhi to Myanmar. These individuals had been detained on May 6, 2025, despite holding United Nations High Commissioner for Refugees (UNHCR) cards, which are typically recognized as proof of refugee status. […]

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President Trump and First Lady Melania Signs Bipartisan “Take It Down Act” to Combat Online Sexual Exploitation

WASHINGTON, May 19, 2025 — President Donald Trump and First Lady Melania Trump appeared together in the White House Rose Garden on Monday for the signing of the “Take It Down Act”, a bipartisan bill aimed at curbing the nonconsensual sharing of sexually explicit images and videos, including those generated by artificial intelligence deepfakes. The […]

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Nippon Steel Commits $14 Billion to U.S. Steel Investment, Including New Mill, Pending Deal Approval

May 19, 2025 — Nippon Steel Corp., Japan’s largest steelmaker, has unveiled plans to invest up to $14 billion into U.S. Steel’s operations if its proposed acquisition of the iconic American steel producer receives regulatory approval. The investment would include as much as $4 billion for the construction of a new state-of-the-art steel mill in […]

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