(Reuters) -Emerson said on Thursday it had agreed to sell its remaining stake in its Copeland joint venture to Blackstone in a $3.5 billion deal, as the U.S. industrial firm further streamlines its bu[...]
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June 6, 2024
World stocks shine after cautious ECB rate cut
By Marc Jones and Koh Gui Qing NEW YORK/LONDON (Reuters) -World stocks climbed and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years,[...]
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Meta’s WhatsApp launches new AI tools for businesses
By Dani Morera and Andre Romani SAO PAULO (Reuters) -Meta launched its first AI-driven ad targeting program for businesses on WhatsApp, as it tries to wring revenue out of the popular chat service, th[...]
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Mubadala-backed Zamp to buy Starbucks brand rights, stores in Brazil
SAO PAULO (Reuters) – Brazilian restaurant chain operator Zamp has agreed to buy the rights to operate the Starbucks brand and some stores in the South American country, it said on Thursday, sen[...]
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Wall Street frets over timeline for centralized Treasury clearing
By Davide Barbuscia NEW YORK (Reuters) – The Securities Industry and Financial Markets Association may ask regulators for more time to implement a rule requiring centralized Treasury clearing as[...]
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US solar projects could boom amid deadline to use up tax-exempt panel glut
By Nichola Groom (Reuters) – A two-year U.S. tariff holiday on solar panels from Southeast Asia expires on Thursday, starting the clock ticking for American project developers to use the huge am[...]
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How Devon Energy missed out on the US oil and gas mega-deal wave
By David French and Arathy Somasekhar (Reuters) – U.S. oil and gas producer Devon Energy has lost bids to acquire at least three of its peers in the last 12 months because its shares were spurne[...]
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Timing for US ether ETF launches depends on how fast issuers can move, SEC chair says
By Hannah Lang and Chris Prentice (Reuters) – The timing for when exchange-traded funds (ETFs) tied to the cryptocurrency ether can begin trading depends largely on how quickly issuers respond t[...]
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Dollar flat ahead of US jobs report, euro digests ECB cut
By Alden Bentley, Alun John and Rae Wee NEW YORK/LONDON/SINGAPORE (Reuters) -The dollar traded sideways on Thursday ahead of Friday’s U.S. employment data that could help the Federal Reserve set[...]
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