Colombia’s Grupo SURA nearly doubles profits in first quarter
(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, almost doubled in the first quarter compared to the…
Business
Wall Street advances, Treasury yields rise as debt-ceiling debate rolls along
By Stephen Culp NEW YORK (Reuters) – U.S. stocks slouched to a higher close on Monday, and benchmark Treasury yields…
Australian consumer mood bleak in May after surprise rate hike, budget
SYDNEY (Reuters) -A measure of Australian consumer sentiment fell in May after a surprise hike in interest rates by the…
Biden, House Republicans prepare for critical US debt-ceiling talks
By David Morgan, Jeff Mason and Andy Sullivan WASHINGTON (Reuters) -President Joe Biden and Republican House of Representatives Speaker Kevin…
Stellantis blocks battery plant construction as more support sought
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Automaker Stellantis has stopped construction at a more-than C$5 billion ($3.7 billion)…
Volatile banking sector saw big moves from funds in first quarter
By David Randall and Carolina Mandl NEW YORK (Reuters) -Fund managers zeroed in on the U.S. financial sector during the…
Strong loan book powers Banco do Brasil to quarterly profit surge
By Peter Frontini SAO PAULO (Reuters) -Brazilian state-controlled lender Banco do Brasil SA on Monday reported a 29% leap in…
Dow, S&P edge up as data, debt ceiling curb gains
By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and the Dow ended with modest gains on Monday after…
Buffett sheds stake in TSMC, while Macquarie, Fidelity buy shares -filings
By Carolina Mandl (Reuters) -Big investment firms including Macquarie, Fidelity, Tiger Global and Coatue were among the largest buyers of…
ONEOK shares drop on concerns over Magellan pipeline deal
By Laura Sanicola and Arathy Somasekhar -Shares of gas pipeline operator ONEOK Inc fell about 9% on Monday on questions…