S&P Global misses profit estimates as Commodity Insights, Indices units struggle (July 27)

(Reuters) – (This July 27 story has been corrected to remove reference to ‘demand for data on valuations, benchmarks & energy markets prices wilting away’ in paragraph 4, & reference to Market Intelligence unit’s revenue share in paragraph 6) S&P Global Inc missed profit estimates for the second quarter on Thursday, as weakness in rating…

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Goldman Sachs asset management executive Salisbury departs for Sixth Street

By Lananh Nguyen, Niket Nishant and Manya Saini (Reuters) – Goldman Sachs executive Julian Salisbury will join investment firm Sixth Street as a partner and co-chief investment officer early next year, his incoming firm said, marking yet another high-profile exit from Goldman. Salisbury, who was chief investment officer of asset and wealth management at the…

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Ocean shippers playing catch up to electric vehicle fire risk

By Lisa Baertlein and Anthony Deutsch LOS ANGELES/AMSTERDAM (Reuters) – Electric vehicles are crisscrossing the globe to reach their eager buyers, but the battery technology involved in the zero- emission automobiles is exposing under-prepared maritime shippers to the risk of hard-to-control fires, industry, insurance and emergency response officials said. That risk has been put under…

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US Senate Democrats push ‘Buy America’ bills ahead of tough 2024 elections

By Moira Warburton WASHINGTON (Reuters) – Facing uphill re-election battles in 2024, vulnerable Senate Democrats are pushing legislation that promotes “Buy America” policies, attempting to bolster their party on a brand of economic populism they hope will keep them in the majority. The Senate Commerce Committee on Thursday advanced a bill from Democratic Senator Tammy…

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