By Marcela Ayres BRASILIA/SAO PAULO (Reuters) – Brazil’s President Luiz Inacio Lula da Silva has picked central bank monetary policy director Gabriel Galipolo to be the institution’s[...]
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August 28, 2024
Warren Buffett’s Berkshire Hathaway closes above $1 trillion market value
By Jonathan Stempel (Reuters) -Berkshire Hathaway’s market value closed above $1 trillion for the first time on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett[...]
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Maersk says ocean shipping’s zero-emissions push needs government support
By Lisa Baertlein LOS ANGELES (Reuters) – The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean – a milestone in the shipping indu[...]
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Mexico central bank shrinks 2024 GDP growth forecast to 1.5%
By Sarah Morland MEXICO CITY (Reuters) -The Bank of Mexico cut its forecast for economic growth this year and next, according to the central bank’s quarterly report on Wednesday, citing weaker f[...]
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Super Micro shares slammed following delay in annual filing
By Deborah Mary Sophia and Aditya Soni (Reuters) -AI server maker Super Micro Computer delayed the filing of its annual report, citing a need to assess “its internal controls over financial repo[...]
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Chipotle names company veteran Adam Rymer as finance chief
(Reuters) -Chipotle Mexican Grill on Wednesday appointed Adam Rymer as its chief financial officer from Oct. 1. Rymer is a 15-year Chipotle veteran, who previously served as vice president of finance.[...]
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Canada’s RBC beats profit estimates, shares hit record high
By Nivedita Balu and Arasu Kannagi Basil TORONTO (Reuters) -Royal Bank of Canada surpassed quarterly profit estimates that pushed shares to a record high on Wednesday, while executives said they were[...]
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US SEC threatens to sue NFT marketplace OpenSea, CEO says
By Manya Saini (Reuters) -The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company’s CEO said in a post on social media platform X o[...]
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Disney sees AI helping to personalize new ESPN app
By Lisa Richwine Bristol, Connecticut (Reuters) -Walt Disney’s ESPN network is exploring the use of artificial intelligence to help personalize its news and recap show “SportsCenter”[...]
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