SVB Financial fights FDIC over seized tax refunds
By Dietrich Knauth NEW YORK (Reuters) – SVB Financial, the bankrupt former parent of failed Silicon Valley Bank, said on…
May 2023
Binance.US explores ways to cut founder Zhao’s majority stake – report
(Reuters) -Binance.US and Changpeng Zhao, the crypto exchange’s founder and majority owner, have been exploring ways to reduce his stake…
Dow, S&P 500 fall with Disney; PacWest leads regional banks lower
By Caroline Valetkevitch NEW YORK (Reuters) – The Dow and the S&P 500 ended lower on Thursday, dragged down by…
News Corp beats profit estimates on subscriptions growth, cost cuts
(Reuters) -Media conglomerate News Corp on Thursday beat Wall Street estimates for third-quarter profit, helped by a string of cost-cut…
Carrefour Brasil In Talks With Barzel Properties Over $260 Million Deal
SAO PAULO (Reuters) – Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the…
Carrefour Brasil in talks with Barzel Properties over $260 million deal
SAO PAULO (Reuters) – Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the…
Brazil’s Embraer agrees $5 billion plane sales deal with Berkshire Hathaway’s NetJets
SAO PAULO (Reuters) – Brazilian planemaker Embraer SA said on Thursday it will sell up to 250 units of its…
Newcrest extends exclusivity period for Newmont’s $20 billion buyout offer
(Reuters) -Newcrest Mining Ltd said on Friday it has extended the exclusivity period by a week for Newmont Corp to…
Big US banks to pay billions to replenish failure fund
By Pete Schroeder WASHINGTON (Reuters) -Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund…
Brazil’s JBS swings to loss, citing grain costs and meat oversupply
By Roberto Samora and Ana Mano SAO PAULO (Reuters) – JBS SA, the world’s largest meat company, on Thursday reported…