Former Goldman Sachs partner launches fund of up to $550 million in Portugal
By Sergio Goncalves LISBON (Reuters) – Fortitude Capital, founded by former Goldman Sachs partner Antonio Esteves, Brazilian bank BTG Pactual…
Business
Disney’s Iger may have to add slowing growth to his turnaround checklist
(Reuters) – Walt Disney Co’s quarterly revenue growth is expected to hit its lowest in nearly two years, underlining the…
Nikola to pause production, cut costs after quarterly loss
(Reuters) – Nikola Corp on Tuesday reported a bigger quarterly loss and said it would pause production to streamline the…
Airbus Jan-April deliveries fall 5%, regains lead over Boeing
PARIS (Reuters) – Airbus delivered 54 airplanes in April, bringing its total for the year to 181, down 5% from…
Facebook is wrong to say news lacks economic value, says Canada PM Trudeau
By Ismail Shakil OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau on Tuesday said Meta Platforms Inc’s opposition to proposed…
Fox tops profit expectations as CEO affirms programming strategy after Tucker Carlson dismissal
By Helen Coster and Yuvraj Malik (Reuters) – Broadcaster Fox Corp beat estimates for third-quarter revenue and adjusted profit on…
Boeing deliveries fall by half in April due to 737 MAX bracket defect
WASHINGTON (Reuters) – Boeing Co deliveries fell to 26 airplanes in April, less than half of the previous month’s total,…
Novavax forecasts higher-than-expected revenue; shares surge
By Bhanvi Satija and Michael Erman (Reuters) -COVID-19 vaccine maker Novavax Inc on Tuesday forecast much higher 2023 revenue than…
Elon Musk and Tesla break ground on massive Texas lithium refinery
By Hyunjoo Jin and Ernest Scheyder (Reuters) -Tesla Inc on Monday broke ground on a Texas lithium refinery that CEO…
Investment bankers bonuses forecast to drop as much as 20% this year – report
By Tatiana Bautzer NEW YORK (Reuters) – Investment bankers working on mergers, acquisitions or equity offerings are expected to have…