(Reuters) -U.S.-listed shares of Sigma Lithium Corp rose 21% in extended trading on Friday after Bloomberg News reported that Tesla Inc was weighing a takeover of the Canada-based battery metals miner[...]
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February 17, 2023
Lockheed Martin gets U.S. Navy contract worth up to $2 billion
(Reuters) – The U.S. Navy has awarded Lockheed Martin Corp a contract worth up to $2 billion related to hypersonic weapon systems, the defense firm said on Friday, amid a global uptick in demand[...]
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Allianz swings to quarterly profit in rebound from funds debacle
By Tom Sims and Alexander Hübner FRANKFURT (Reuters) – Germany’s Allianz on Friday swung to a fourth-quarter net profit, rebounding after taking big charges a year earlier for a U.S. funds[...]
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Binance’s U.S. partner confirms firm run by CEO Zhao operated on exchange
By Tom Wilson and Angus Berwick LONDON (Reuters) -The U.S. partner of global cryptocurrency exchange Binance has confirmed that a trading firm managed by Binance CEO Changpeng Zhao operated as a marke[...]
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Analysis-What recession? Strong economy buoys U.S. stocks, though Fed casts shadow
By David Randall NEW YORK (Reuters) – Signs of strength in the U.S. economy have buoyed stocks in the face of rising Treasury yields and hawkish Federal Reserve expectations, though some investo[...]
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Analysis-Bed Bath’s novel deal is no universal dodge-bankruptcy card
By Shankar Ramakrishnan (Reuters) – Debt-stricken companies seeking to buy themselves time for a turnaround will find it hard to emulate Bed Bath & Beyond Inc’s unusual stock sale that[...]
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Goldman Sachs, BofA expect three more U.S. rate hikes this year
By Aniruddha Ghosh and Siddarth S (Reuters) – Goldman Sachs and Bank of America said they expect the U.S. Federal Reserve to raise interest rates three more times this year, lifting their estima[...]
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Amazon asks employees to be in office at least three days a week
(Reuters) – Amazon.com Inc would require employees to be in office at least three days a week from May 1, the e-commerce giant said on Friday. The COVID-19 pandemic had altered the workplace, wi[...]
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Embraer’s electric aircraft maker Eve ‘on track’ to start service in 2026
By Gabriel Araujo SAO PAULO (Reuters) – Electric aircraft maker Eve Holding Inc is “on track” to meet its goal of starting commercial operations in 2026, an executive said on Friday,[...]
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