Day: September 27, 2024

Stocks rise on US inflation data, China stimulus; yields dip

By Caroline Valetkevitch and Sruthi Shankar NEW YORK/LONDON (Reuters) – Global stock indexes hit all-time highs on Friday after China’s central bank lowered interest rates and injected liquidity into its banking system and U.S. inflation continued to ease, while Treasury yields dipped. The yen firmed against the dollar after Japan’s former defense minister Shigeru Ishiba […]

Morgan Stanley’s private equity arm explores sale of HVAC firm Sila, sources say

By Abigail Summerville NEW YORK (Reuters) – Morgan Stanley’s middle-market buyout arm is exploring a sale of Sila Services that could value the residential services company at about $1.5 billion, including debt, people familiar with the matter said on Friday. King Of Prussia, Pennsylvania-based Sila, which is a provider of services including heating, air-conditioning, and […]

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