Investors See Treasury Pick Bessent as Calming US Bond Market Worries
The benchmark U.S. 10-year yield, which moves inversely to bond prices, is hovering near a five-month high as traders fret ...
Goldman Funds to Take $900 Million Hit on Northvolt, FT Reports
The Goldman private equity funds, which together ranked as the second-largest shareholders in Northvolt, plan to write down ...
Adani Energy Solutions Says No Material Impact From Kenya Energy Deal Cancellation
(Reuters) - Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did ...
Bosch to Cut Hours for 10,000 Workers in Germany
BERLIN (Reuters) - Robert Bosch, the world's largest car parts supplier, will reduce the working hours and pay of around ...
Britain's Asda Brings Back Industry Veteran Leighton to Lead Business
Leighton served as Asda CEO from 1996 to 2001, driving a turnaround with then chairman Archie Norman before the business was ...
Adani CFO Says US Charges Linked to Only One Business Contract
NEW DELHI (Reuters) -A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green ...
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Brazil Freezes Spending at $3.33 Billion to Comply With Fiscal Rules
BRASILIA (Reuters) - Brazil's government tightened spending controls late on Friday, freezing expenditure at 19.3 billion ...
PayPal Fixes Outage That Affected Thousands Worldwide
(Reuters) -Payments firm PayPal said on Thursday it had resolved an issue that led to a global outage affecting thousands of ...
Incoming FCC Chair Says It Is Unlikely Commission Could Reinstate Starlink Subsidy
The FCC in December 2023 reaffirmed its decision to deny Starlink, part of Musk's SpaceX, the rural broadband subsidies ...
DirecTV Terminates Dish Deal Over Failed Debt Swap
(Reuters) -U.S. satellite TV provider DirecTV said on Thursday it had terminated its agreement to acquire Echostar's satellite television business, which includes rival Dish TV, over a failed ...