US court reopens Citgo parent auction for bids, winner to be recommended this month
HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of…
US court reopens Citgo parent auction for bids, winner to be recommended this month
HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month. A final winner recommendation in the complex court-organized auction is expected to…
US court reopens Citgo parent auction for bids, winner to be recommended this month
HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month. A final winner recommendation in the complex court-organized auction is expected to…
Measles outbreak ends in West Texas, health officials say
(Reuters) -The measles outbreak in West Texas has ended, state health officials said on Monday, after meeting the criteria of six weeks since the last reported case. Texas is now shifting focus to vaccination campaigns to strengthen immunity and prevent future outbreaks, the Department of State Health Services (DSHS) said. The outbreak, which began in…
Argentina’s economy expected to grow 6.4% y/y in June
BUENOS AIRES (Reuters) -Argentina’s economic activity likely grew 6.4% year-on-year in June according to median forecasts of analysts polled by Reuters, who, however, warned that restrictive monetary policy and risks over the upcoming legislative elections could slow growth. The poll of 14 local and international analysts showed an mean average forecast for 6.6% growth in…
Texas Democrats end walkout as Republicans try to pass redrawn map
By Maiya Keidan and Brad Brooks (Reuters) -Democratic lawmakers in Texas returned to the state on Monday, ending a walkout that broke quorum and blocked Republican efforts to redraw congressional maps at the behest of U.S. President Donald Trump. Texas House of Representatives Minority Leader Gene Wu, chairperson of the Texas House Democratic Caucus, said…
ESPN, Fox to bundle upcoming streaming services in new sports-heavy deal
(Reuters) -Upcoming streaming services of ESPN and Fox will be bundled for $39.99 per month starting October 2, the companies said on Monday, offering sports fans a wide range of major events including the NFL and NBA at a discounted rate. The bundle is the first significant deal involving major sports rights holders after Disney,…
Trump says ‘we’ll see what happens’ on August 12 deadline for China tariffs
By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump avoided a question on Monday about whether he would extend an August 12 deadline for higher U.S. tariffs on Chinese goods, saying, “we’ll see what happens,” as he lauded China’s cooperation in talks with the U.S. “We’ve been dealing very nicely with China. As you have probably…
Trump suggests he may not allow sales of advanced Nvidia chip in China
WASHINGTON (Reuters) -U.S. President Donald Trump suggested on Monday that he would not make a deal with American AI chip giant Nvidia, led by CEO Jensen Huang, to allow for sales of a next-generation advanced GPU in China, but stopped short of ruling it out. “Jensen also has the new chip, the Blackwell,” Trump told…
Citigroup hires JPMorgan’s Baygual as co-head of M&A, memo shows
(Reuters) -Citigroup has appointed JPMorgan Chase’s Guillermo Baygual as co-head of mergers and acquisitions, according to an internal memo seen by Reuters on Thursday, as the U.S. bank seeks to grow its share of the lucrative dealmaking business. Baygual, who has spent over 25 years at JPMorgan, most recently served as the global co-head of…
Bostic: Labor market risks rising, but a lot of data to come before September meeting
By Howard Schneider WASHINGTON (Reuters) -Risks to the job market have increased, but it remains too soon to commit to interest rate cuts before the next meeting of the U.S. Federal Reserve with key data still to come and inflation still expected to rise in coming months, Atlanta Fed President Raphael Bostic said on Thursday….
