Exclusive-Bank of America promotes Bettamio to co-head of investment banking; Ahmad to co-head capital markets
By Lananh Nguyen NEW YORK (Reuters) – Bank of America Corp promoted the head of its Latin America business, Alex…
Business
Top EU court rejects Barcelona’s ride-hailing restrictions
By Inti Landauro MADRID (Reuters) – The Court of Justice of the European Union rejected on Thursday rules set by…
Exclusive-BlackRock eyes $7 billion for new Global Renewable Power Fund
By Simon Jessop and Susanna Twidale LONDON (Reuters) – The world’s biggest asset manager BlackRock said it hopes to raise…
US solar power installations soar in Q1 on easing panel import gridlock
(Reuters) – U.S. solar energy installations soared 47% in the first quarter, according to an industry report published on Thursday,…
Toshiba board recommends shareholders support $14 billion buyout
By Kiyoshi Takenaka and Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp said on Thursday its board has decided to recommend…
Just Climate raises $1.5 billion with help from Microsoft fund
LONDON (Reuters) – Asset manager Just Climate said on Thursday it had raised $1.5 billion for its inaugural fund after…
Tokio Marine taps Goldman, Jefferies to sell $1bln Southeast Asia life insurance unit-sources
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG (Reuters) – Japanese insurer Tokio Marine Holdings has picked Goldman Sachs and…
US wholesale inventories revised up in April
WASHINGTON (Reuters) – U.S. wholesale inventories fell a bit less in April than initially estimated, which could provide a lift…
GameStop ousts CEO, elevates Cohen as sales fall again
By Samrhitha A and Svea Herbst-Bayliss (Reuters) – Ryan Cohen, the billionaire investor whose bold bet on GameStop Corp made…
Tesla considering building automotive investment in Spain – source
MADRID (Reuters) -U.S. electric car manufacturer Tesla is in talks with the leaders of the regional government of Valencia in…