FinanceMar 26
Monte dei Paschi Board Suspends CEO Amid Governance Dispute
The board of Italy's Monte dei Paschi bank suspended CEO Luigi Lovaglio after a minority shareholder proposed him for reappointment against the board's plans.
2 sources
FinanceMar 25
Venezuela Oil Production Reaches 1.1 Million Barrels Per Day as Exxon Evaluates Opportunities
Venezuela's oil production hit 1.1 million barrels per day in March while ExxonMobil has a team in the country assessing potential oil investment opportunities.
2 sources
FinanceMar 15
Los Angeles Gas Station Charges Over $8 Per Gallon Amid Rising Fuel Costs
A Chevron station in Los Angeles is charging $8.31 per gallon for regular gasoline, nearly $3 above the city's average price.
2 sources
FinanceMar 25
Two Major Indian Business Deals: Jio IPO Talks and Cricket Team Sale
Reliance Jio discusses investor stake sales for IPO while Diageo sells Royal Challengers Bengaluru cricket team for $1.8 billion.
2 sources
FinanceApr 14
Private Credit Market Sees Mixed Activity with Default and New Fundraising
BlackRock's Asia fund experiences borrower default while Blue Owl raises $400 million, highlighting diverse conditions in private credit markets.
2 sources
FinanceMar 14
Honda Reports First Annual Loss in 15 Years Due to $15.7 Billion EV Charge
Honda flags its first annual loss since 2009, driven by a massive $15.7 billion charge related to its electric vehicle operations and strategy changes.
2 sources
FinanceMar 11
Duke Energy Completes $1.3B Convertible Notes Offering
Duke Energy upsized and completed a convertible senior notes offering, raising $1.3 billion instead of the initially planned $1 billion.
5 sources
FinanceApr 13
Rising Beef Costs Challenge Consumers as Meatpacking Workers Secure Wage Gains
Ground beef prices have surged in recent years with further increases expected, while Colorado meatpacking workers negotiate higher wages.
2 sources
FinanceApr 3
Labor Market Shows Signs of Stabilization Amid Economic Concerns
Former Federal Reserve Vice Chair Roger Ferguson says stabilizing employment conditions provide positive signals for monetary policy decisions.
2 sources
FinanceMar 24
Revolut Reports Record Annual Profit of £1.7 Billion
British digital bank Revolut reported pretax profit of £1.7 billion in 2025, up from £1.1 billion the previous year, driven by growing customer base.
2 sources
FinanceApr 13
Baker Hughes Sells Waygate Unit to Hexagon for $1.45 Billion
Oil services company Baker Hughes agreed to sell its German-based Waygate testing technology unit to Sweden's Hexagon for approximately $1.45 billion.
2 sources
FinanceMar 23
Economic Officials Address Inflation and Supply Concerns in Major Economies
Indian PM Modi highlighted strong economic fundamentals while Fed's Goolsbee expressed inflation worries amid global economic uncertainty.
2 sources
FinanceMay 13
UK Government Borrowing Costs Reach Century Highs Among G7 Nations
British government borrowing costs have risen to their highest levels in over 100 years, making the UK the most expensive G7 nation to borrow money.
1 source
FinanceMay 23
Carnival Cruise Line Cancels Bookings After Website Pricing Error
Carnival Cruise Line canceled reservations made during a website glitch that offered drastically reduced cruise fares.
2 sources
FinanceMar 23
Fed Chair Powell Praises Volcker's Legacy; South Korea Names New Central Bank Chief
Federal Reserve Chair Jerome Powell praised former Fed Chair Paul Volcker while South Korea's central bank appointed a new governor promising balanced monetary policy.
4 sources
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