By Sheila Dang AUSTIN, Texas (Reuters) – Dallas Federal Reserve Bank President Lorie Logan on Tuesday said recent data showing inflation is cooling is “welcome news” but that the U.S[...]
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June 18, 2024
Nvidia becomes world’s most valuable company
(Reuters) -Nvidia became the world’s most valuable company on Tuesday, dethroning tech heavyweight Microsoft, as its chips continue to play a central role in a race to dominate the market for ar[...]
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Chile lithium projects garner interest from over 50 companies
By Fabian Cambero and Daina Beth Solomon SANTIAGO (Reuters) – More than 50 companies have expressed interest in developing lithium projects in Chile, Finance Minister Mario Marcel said on Tuesda[...]
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Meta must face Australian billionaire Forrest’s US lawsuit over scam Facebook crypto ads
By Jonathan Stempel (Reuters) – A U.S. judge rejected Meta Platforms’ bid to dismiss a lawsuit by billionaire Australian mining magnate Andrew Forrest over scam Facebook advertisements tha[...]
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LatAm allocation a ‘must’ for portfolios, UBS EM Americas CIO says
By Mehnaz Yasmin (Reuters) – A spate of political reforms and economic cycles has elevated Argentinian dollar-denominated sovereign bonds and Latin American corporate bonds to rank among key[...]
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Exclusive-Regulatory concerns stopped Julius Baer, EFG takeover talks, sources say
By Oliver Hirt ZURICH (Reuters) – Swiss regulatory concerns scuppered talks between private banks Julius Baer and EFG International over a potential tie-up worth some 15 billion Swiss francs ($1[...]
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Analysis-Hedge fund’s trades with lenders point to return of crisis-era structures
By Shankar Ramakrishnan (Reuters) – Earlier this year a hedge fund structured two trades worth $642 million, the kinds of which have not been seen since the 2008 crisis. It sold insurance to two[...]
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Musk plans stock option grants to Tesla’s high-performers, sources say
By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla CEO Elon Musk told employees on Monday that the electric vehicle maker is working on stock-based compensation for high-performing employees, according to[...]
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Toyota shareholders re-elect chairman despite governance concerns
By Maki Shiraki and Daniel Leussink TOYOTA CITY, Japan (Reuters) -Toyota Chairman Akio Toyoda and nine other members of the automaker’s board were re-elected at an annual general meeting on Tues[...]
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