Simon Kent

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Articles by Simon Kent

Report: Private Equity Giants Circle SVB Assets

Equity giants Apollo Global Management Inc. and Blackstone Inc. have reportedly stepped forward to examine a book of loans held by Silicon Valley Bank (SVB), the failed California lender seized by federal regulators last week.

SANTA CLARA, CA, US - MARCH 13: People wait outside the Silicon Valley Bank headquarters i

Shell CEO Pockets 50% Pay Rise as Profits Ride Soaring Energy Prices

British energy giant Shell ensured the pay package for the company’s CEO jumped by half last year to nearly $12 million as oil and gas companies made record profits from runaway energy costs and consumers struggled with a global cost-of-living crisis.

FILE: Ben van Beurden, chief executive officer of Shell Plc, reacts as the company announc

Report: White House Sees Resurgent Joe Biden Defying Low GOP Expectations

Write him off at your peril. That is the message President Joe Biden’s allies and supporters from the White House to the Democratic Party faithful have for critics who underestimate their man, warning the 80-year-old is ready for a 2024 reelection fight, a report Tuesday claims.

Joe Biden buys ice cream as Michigan Senators Debbie Stabenow (R) looks on at Moomers Home

Biden, Scholz in Private White House Huddle to Address Ukraine

German Chancellor Olaf Scholz will visit the White House on Friday for a private meeting with President Joe Biden. The two will reportedly spend time alone together as both allies look to secure further weapons and funding for Ukraine while working on a joint plan to stymie any attempt by China to do the same in support of Russia.

BELGIUM-EU-POLITICS-SUMMIT

Pentagon Investigates, Gives All Clear over Ukraine Fraud Allegations

There is no evidence any of the billions of U.S. taxpayer dollars spent on weapons and aid sent to Ukraine has been lost to corruption or diverted into criminal hands, the Pentagon’s inspector general said Tuesday, before adding investigations are still at an early stage.

The Associated Press

John Kerry Pledges to Keep Flying High as Joe Biden’s Top Climate Envoy

Another day, another airport, another long haul private jet flight. That looks to be the future itinerary for John Kerry who will remain President Joe Biden’s special climate envoy at least through this year’s U.N. climate talks set for December summit in Dubai, known as COP28.

U.S. Secretary of State John Kerry boards his plane to Germany at Joint Base Andrews, Md.,