By David Carnevali and Mike Stone NEW YORK (Reuters) – Private equity firms Blackstone Inc and Veritas Capital Fund Management LLC are competing against large defense companies to acquire the ae[...]
Read moreJuly 7, 2023
US SEC to vote on ‘swing pricing,’ liquidity fund reporting
WASHINGTON (Reuters) – Wall Street’s top regulator is due to vote next week on proposed changes aimed at helping control systemic risk in the money market and large liquidity fund sectors,[...]
Read moreAI4Bharat researchers to raise $12 million from Peak XV, Lightspeed for own firm – sources
By Yuvraj Malik (Reuters) – Researchers at India’s AI4Bharat are raising $12 million from venture capital firms Peak XV and Lightspeed Venture for an artificial intelligence startup, accor[...]
Read moreUS Postal Service hiking stamp prices Sunday
By David Shepardson WASHINGTON (Reuters) – The United States Postal Service (USPS) is hiking the price of first-class mail stamps to 66 cents from 63 cents effective Sunday. This is the latest i[...]
Read moreTesla wants EPA to finalize tougher vehicle emissions rules
By David Shepardson WASHINGTON (Reuters) -Tesla wants the Biden administration to finalize more stringent vehicle emissions limits than those proposed in April by the Environmental Protection Agency ([...]
Read moreCentral bankers lay out digital currency cyber threat
By Marc Jones LONDON (Reuters) – The central bankers’ central bank, the Bank for International Settlements (BIS), has laid out a seven-point plan designed to help countries prevent cyber h[...]
Read moreRivian’s stock rallies to highest in 2023 after posting strong deliveries
By Chibuike Oguh NEW YORK (Reuters) -Shares of Rivian Automotive surged more than 18% on Friday as it continued to rally after the electric vehicle (EV) maker reported better-than-expected quarterly d[...]
Read moreAirbus to handle some A380 repairs after wing-spar cracking
PARIS (Reuters) – Two years after the world’s largest jetliner rolled out of its Toulouse factory for the last time, Airbus is preparing to bring some A380 superjumbos back to their birthp[...]
Read moreEMEA credit rating trends see bright spots – S&P
(Reuters) – A clearer outlook on the United States’ monetary policy cycle, economic policy adjustments and fewer energy price shocks make for more stable credit conditions for sovereigns a[...]
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