Martin Franklin’s New Buyout Vehicle Raises $550 Million in IPO
An acquisition company backed by serial dealmaker Martin E. Franklin has raised $550 million, exceeding an earlier goal
2023-05-17 06:54
Petrobras Eases Fears of Fuel Intervention in Policy Shift
Brazilian oil giant Petrobras is shielding domestic consumers from volatile global fuel-market gyrations, bowing to pressure from President
2023-05-17 06:27
Ecuador Lawmakers Open Impeachment Trial of President Lasso
Ecuador’s opposition-dominated National Assembly opened an impeachment trial against President Guillermo Lasso in its second attempt to oust
2023-05-17 06:26
An AI CEO Went to Washington and Asked for Rules: Key Takeaways
The Senate’s first major hearing on artificial intelligence covered everything from the lighthearted marvels of generative AI to
2023-05-17 06:25
Failed bank execs see blame everywhere, except in the mirror
More than two months after the collapse of Silicon Valley Bank and Signature Bank triggered a financial earthquake, three former executives spoke publicly for the first time in testimony before a Senate committee Tuesday.
2023-05-17 06:22
Fires Rage in Canada’s Main Energy Hub, Threatening Region’s Oil Production
Shifting fires across Canada’s main energy-producing province are prompting drillers to throttle back production once again — more
2023-05-17 06:18
Pfizer Sells $31 Billion of Bonds in Fourth-Largest Deal Ever
Pfizer Inc. sold $31 billion of debt in the fourth-largest US bond sale ever, according to a person
2023-05-17 05:23
Uruguay Leaves Key Interest Rate at 11.25% Following April Cut
Uruguay’s central bank kept its benchmark interest rate unchanged at 11.25%, saying that monetary policy remains contractive with
2023-05-17 05:22
Biden cancels visits to Australia and Papua New Guinea as debt ceiling negotiations continue
President Joe Biden is canceling his upcoming visits to Papua New Guinea and Australia due to the ongoing debt ceiling negotiations in Washington, an administration official told CNN.
2023-05-17 03:48
Ukraine Latest: Fighting Around Bakhmut Shifts Lines of Control
Ukraine said its forces advanced in the suburbs around the eastern city of Bakhmut in heavy fighting, even
2023-05-17 02:28
NYC Eases Rules to Speed Opening of New Migrant Shelters
New York Mayor Eric Adams issued an emergency order suspending land use rules to accelerate the opening of
2023-05-17 02:28
Barclays, Morgan Stanley Lead Banks Nearing CO2 Disclosure Deal
A group of banks led by Barclays Plc and Morgan Stanley is working on a compromise deal to
2023-05-17 02:25