PE HUB Second Opinion

Iraqi and U.S. forces are attacking Falluja, which has been occupied by Islamic State fighters since 2014. The city was previously subjected to two major assaults during the U.S. occupation.

Hillary Clinton warned that Donald Trump “could bankrupt America like he’s bankrupted his companies. I mean, ask yourself, how can anybody lose money running a casino?” Good question!

European asset manager Amundi agreed to acquire a majority stake in Irish institutional asset manager Kleinwort Benson Investors from French financial services company Oddo & Cie.

Sugar is now so scare in Venezuela, Coca-Cola is suspending production in the country.

 

Chinese internet company Tencent Holdings Ltd. is in talks to buy a majority stake in Finnish mobile game maker Supercell Oy from Japan’s SoftBank Group Corp.

Exxon Mobil shareholders will vote on a resolution asking the company to disclose the risks posed to its business by climate change.

Overall smartphone growth in the U.S. dropped blow 10 percent last year.

France’s largest insurer is divesting from cigarette companies: “the human cost of tobacco is tragic,” said the incoming CEO of Axa SA; “the economic cost is huge.”

Africa’s biggest bank by assets, Standard Bank Group Ltd., said it lost up to 300 million rand ($19 million) in a “sophisticated, coordinated fraud incident” in Japan.

An Iraq soldier gestures near Falluja, Iraq, May 23, 2016.  REUTERS/Thaier Al-Sudani – RTSFKJ2