LVMH strikes Paris Olympic Games sponsorship deal
PARIS (Reuters) – Luxury giant LVMH unveiled on Monday a deal to sponsor next year’s Olympic Games in Paris with…
2023
Rithm Capital to acquire hedge fund Sculptor for $639 million
NEW YORK (Reuters) – Asset manager Rithm Capital has agreed to acquire hedge fund firm Sculptor Capital Management for $639…
Apple faces $1 billion UK lawsuit by apps developers over app store fees
By Foo Yun Chee BRUSSELS (Reuters) – Apple on Tuesday found itself the target of a 785-million-pound ($1 billion) class…
NXP forecasts third quarter above estimates on steady automotive demand
(Reuters) – Chipmaker NXP Semiconductors forecast third-quarter revenue and profit above Wall Street targets on Monday, betting that demand from…
As wildfires rage in Greece, tourists flee and locals shelter
By Fedja Grulovic RHODES, Greece (Reuters) -More than 2,000 holidaymakers were flown home on Monday, tour operators cancelled upcoming trips,…
Marketmind: China gloom deepens, Wall Street shines
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
US to spend $1.55 billion for oil and gas sector to cut methane emissions
(Reuters) – The U.S. government will provide up to $1.55 billion in funding to monitor and reduce methane emissions from…
Argentina introduces more peso exchange rates amid IMF loan review
By Hernan Nessi and Jorgelina do Rosario BUENOS AIRES/LONDON (Reuters) -Argentina on Monday set new weaker trade-related exchange rates while…
Shein posts US lobbying tab as it stays in lawmakers’ crosshairs
By Arriana McLymore NEW YORK (Reuters) – Shein, an online discount clothing retailer whose labor practices in China are being…
Global shares, U.S. yields rise as investors eye rates, earnings
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets and Treasury yields rose on Monday as investors braced for interest…