Kering boss Pinault in talks to buy majority of Hollywood agency CAA -source
By Anirban Sen (Reuters) -Creative Artists Agency (CAA) is in advanced talks to sell a majority stake to French billionaire…
July 14, 2023
US Treasury surveys dealers on auctions, buyback program
(Reuters) – The U.S. Treasury Department is asking primary dealers their views on what specific bonds it should issue more…
Nokia misses Q2 expectations, lowers full-year guidance
STOCKHOLM (Reuters) – Finnish telecom gear group Nokia reported on Friday second-quarter sales of 5.7 billion euros ($6.4 billion), a…
Wells Fargo hikes outlook for interest income after profit surges 57%
By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) -Wells Fargo raised its annual forecast for net interest income…
EU ministers back more Ukraine aid, but differ on other spending
BRUSSELS (Reuters) – European Union finance ministers on Friday unanimously backed extra funds for Ukraine through a top-up of its…
New York City facing 446 megawatt shortfall by summer 2025
(Reuters) – New York City could experience a 446 megawatt power supply shortfall starting summer 2025, fueled by forecasts of…
BlackRock’s shares edge lower as inflows slow
By Jaiveer Shekhawat and Carolina Mandl (Reuters) -BlackRock Inc, the world’s biggest asset manager, handily beat second-quarter profit estimates but…
Brazil to renegotiate low-income debt using state guarantees from September
BRASILIA (Reuters) -Brazil is to launch a debt renegotiation program for millions of lower-income individuals using state guarantees in September,…
Investors in VinFast’s SPAC cash out most shares
HANOI (Reuters) -Shareholders of Black Spade Acquisition, a special purpose acquisition company (SPAC) that has plans to merge with Vietnam’s…
S&P 500 Q2 earnings now seen down 8.1% yr-over-yr; 6.4% decline seen week ago-Refinitiv
NEW YORK (Reuters) – S&P 500 company aggregate earnings for the second quarter are now seen down 8.1% from the…