SAO PAULO (Reuters) -A consulting firm hired by Brazilian mining company Vale to help with its chief executive succession process has presented its board of directors with 15 potential candidates, loc[...]
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July 9, 2024
S&P 500 and Nasdaq notch record highs as Nvidia gains
(Reuters) – The S&P 500 and Nasdaq notched record-high closes on Tuesday, fueled by gains in Nvidia after U.S. Federal Reserve Chair Jerome Powell told lawmakers that more “good”[...]
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Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says
(Reuters) – Global shipments of personal computers rose by 3% in the second quarter, helped by demand for AI-capable devices, with Apple seeing the biggest growth among PC makers, preliminary da[...]
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US private funds urge regulator to scrap other rules following appeals court victory
By Carolina Mandl NEW YORK (Reuters) – Private fund groups asked the Securities and Exchange Commission on Tuesday to withdraw three proposed rules aimed at investment advisers after a U.S. appe[...]
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Blackstone taps Citi veteran Tyler Dickson for a key role in credit business
(Reuters) – Blackstone Inc has hired Tyler Dickson, the former global head of investment banking at Citigroup, to lead client relations for its credit and insurance unit, the private equity firm[...]
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U.N. aviation council launches audit of US air safety oversight
By David Shepardson (Reuters) – The U.N. aviation council this week will launch the first audit of the U.S. civil aviation safety oversight system since 2007, a U.S. Federal Aviation Administrat[...]
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Morning Bid: Debating the fate of rates
By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets. Is a U.S. interest rate cut coming? If so, when? Federal Reserve Chair Jerome Powell told Congress on Tuesday that the U.[...]
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China leads the world in adoption of generative AI, survey shows
By Eduardo Baptista BEIJING (Reuters) – China is leading the world in adopting generative AI, a new survey shows, the latest sign the country is making strides in the technology that gained glob[...]
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Fed’s Powell defends central bank independence as challenges loom
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Tuesday central bank independence is a proven and politically popular way to achieve the best possible outcom[...]
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