China Evergrande seeks Chapter 15 protection in Manhattan bankruptcy court
By Jonathan Stempel, Dietrich Knauth and Manya Saini NEW YORK (Reuters) -China Evergrande, which is the world’s most heavily indebted…
August 2023
Wood Mackenzie: govts’ ‘unrealistic’ offshore wind expansion target would require $100 billion by 2026
(Reuters) – Government targets to increase wind power installations would see annual capacity additions reach 80 gigawatts (GW) per year…
Trucking firm Estes Express submits $1.3 billion bid for Yellow’s shipment centers
By Dietrich Knauth NEW YORK (Reuters) -Trucking firm Estes Express has submitted a $1.3 billion bid to acquire bankrupt Yellow…
Chip tool maker Applied Materials shares jump after strong forecast
By Jaspreet Singh and Max A. Cherney (Reuters) -Semiconductor equipment maker Applied Materials on Thursday forecast its fourth-quarter profit would…
US SEC poised to adopt rules for $20 tln private fund industry
By Douglas Gillison (Reuters) – Wall Street’s top regulator is set next week to adopt new transparency rules for the…
Bitcoin falls 7.2% to $26,634
(Reuters) – Bitcoin dropped 7.2% to $26,634 at 21:45 GMT on Thursday, losing $2,067 from its previous close. Bitcoin, the…
Marketmind: Adjusting to a new, higher yield world
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Citibank subpoenaed over US House probe into alleged data sharing with FBI
By Kanishka Singh WASHINGTON (Reuters) -Banking group Citibank was subpoenaed on Thursday by Republican-led U.S. House of Representatives Judiciary Committee…
DeSantis allies urge him to defend Trump at Republican debate
By Gram Slattery WASHINGTON (Reuters) – Presidential candidate Ron DeSantis should defend former President Donald Trump at the first Republican…
Top White House lawyer to step down, no replacement named
By Andrew Goudsward (Reuters) – White House counsel Stuart Delery, President Joe Biden’s top lawyer, plans to leave his post…