By Lananh Nguyen NEW YORK (Reuters) – Bank of America Corp promoted the head of its Latin America business, Alex Bettamio, to co-head of global investment banking alongside Thomas Sheehan, according to a memo seen by Reuters on Thursday. The leadership change was one of several announced by the second largest U.S. bank. It also…
By Lananh Nguyen NEW YORK (Reuters) – Bank of America Corp promoted the head of its Latin America business, Alex Bettamio, to co-head of global investment banking alongside Thomas Sheehan, according to a memo seen by Reuters on Thursday. The leadership change was one of several announced by the second largest U.S. bank. It also…
WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday preserved the ability of people to sue for civil rights violations under an 1871 law as it rejected a bid to prevent an Indiana nursing home resident’s family from suing over his care at a government-run facility. The justices in a 7-2 ruling written by liberal Justice…
By Inti Landauro MADRID (Reuters) – The Court of Justice of the European Union rejected on Thursday rules set by the city of Barcelona that dramatically restrict the number of cars working with ride-hailing apps such as Uber. Barcelona had introduced a series of rules intended to reduce the number of drivers of private cars…
By Ariba Shahid KARACHI, Pakistan (Reuters) -Pakistan has to satisfy the IMF on three counts, starting with a budget due on Friday, before its board reviews whether to release at least some of the $2.5 billion still pending under a lending programme expiring this month, an IMF official said. Esther Perez Ruiz, the International Monetary…
By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL (Reuters) -A sharp selloff in Turkey’s lira slowed on Thursday, when it slipped only 0.8% compared with a 7.2% plunge the day before, as traders said it was nearing more “normal” levels ahead of the expected appointment of a new central bank governor. When the currency dropped on…
LUANDA (Reuters) – Angolan President Joao Lourenco has fired the country’s economic coordination minister and replaced him with the central bank governor in the wake of deadly protests over a reduction in a fuel subsidy. The removal of Manuel Nunes Junior was announced by the presidency in a statement on Thursday. It was not immediately…
By Simon Jessop and Susanna Twidale LONDON (Reuters) – The world’s biggest asset manager BlackRock said it hopes to raise up to $7 billion for its fourth Global Renewable Power Fund as clients ramp up climate-friendly investments. The fund, focused on projects in Organisation for Economic Co-operation and Development countries, could invest across wind and…
(Reuters) – U.S. solar energy installations soared 47% in the first quarter, according to an industry report published on Thursday, as easing panel supplies alleviated industry gridlock and allowed many stalled big projects to be completed and connected to the grid. The solar industry had its best first quarter ever, installing 6.1 gigawatts (GW), an…
By Kiyoshi Takenaka and Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp said on Thursday its board has decided to recommend shareholders take up a tender offer from a group led by Japan Industrial Partners, helping pave the way for a $14 billion buyout to take the Japanese conglomerate private. The tender offer, to be launched…
