Cloudy 43°. Wind: E 13 mph.
Loading advertisement…
Trending: Trump says US struck Islamic State targets in Nigeria after group targeted Christians
HomeNewsNationalBusiness ( Page 429)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Country Garden wins bank creditor group’s support for offshore debt overhaul

(Reuters) -Embattled Chinese property developer Country Garden said on Monday it had reached an agreement with a core group of bank creditors that holds 49% of its offshore debt, marking another step in its $14.1 billion restructuring plan. Once China’s largest developer, the company defaulted ...
by

US homebuilder sentiment dips back to lowest level since late 2022

(Reuters) -A gauge of U.S. homebuilder sentiment fell unexpectedly in August, slipping back to its lowest level in more than two-and-a-half years, with more than a third of residential construction firms cutting prices and roughly two-thirds of them offering some form of incentive to ...
by

Norway wealth fund excludes six companies linked to West Bank, Gaza

By Gwladys Fouche and Louise Rasmussen OSLO/COPENHAGEN (Reuters) -Norway’s sovereign wealth fund, the world’s largest, said on Monday it had decided to exclude another six companies with connections to the West Bank and Gaza from its portfolio, following an ethics review of its Israeli ...
by

BlackRock’s GIP to take stake in Eni’s carbon capture business

MILAN (Reuters) -U.S. asset manager BlackRock’s infrastructure fund GIP has agreed to buy a 49.99% stake in Eni’s carbon capture and storage business (CCUS), the Italian company said on Monday without disclosing the price. The proposed deal is part of Eni’s broader strategy to sell ...
by

Cable network MSNBC to rebrand as MS NOW before planned spinoff, WSJ reports

(Reuters) -Cable news channel MSNBC will rebrand as My Source News Opinion World, or MS NOW, ahead of the planned spinoff of the bulk of parent Comcast’s NBCUniversal cable networks later this year, the Wall Street Journal reported on Monday. Comcast is moving ...
by

Analysis-Citi’s banking head drives turnaround with more executives, deals, cooperation

By Tatiana Bautzer NEW YORK (Reuters) -Viswas Raghavan’s hiring spree and push for more internal cooperation are helping Citigroup’s investment banking business climb the Wall Street rankings, according to sources, analysts and public data. Since he joined from JPMorgan Chase last year, the head of Citi’s ...
Loading advertisement…
by

Analysis-UK motor finance ruling could fuel M&A

By Charlie Conchie LONDON (Reuters) -A ruling from the United Kingdom’s top court that will likely save car finance companies billions in compensation payouts could clear the way for a wave of consolidation in the sector. The Supreme Court this month overturned much of a lower ...
by

Thinking about a heat pump? Some things to know about choosing what’s best for you

Federal incentives for home energy improvements are running out at the end of the year, so it’s decision time for anyone who has been thinking about a heat pump. The right decision can depend on where you live, how much you have to spend ...
by

Cable’s MSNBC will change its name later this year as part of corporate divorce from NBC

Television’s MSNBC news network is changing its name to My Source News Opinion World, or MS NOW for short, as part of its corporate divorce from NBC. The network, which appeals to liberal audiences with a stable of personalities including Rachel Maddow, Ari Melber and ...
by

Google announces Tennessee as site for small modular nuclear reactor

By Laila Kearney NEW YORK (Reuters) -Google, with Kairos Power, has selected Tennessee as the site of an advanced nuclear power plant that is expected to supply electricity to the Big Tech company’s data centers in the U.S. southeast starting in 2030, the companies said on ...
by

Tesla says Model Y L ‘coming soon’ in Chinese social media post

BEIJING (Reuters) -Tesla said in a post on the Chinese social media platform Weibo on Monday that its Model Y L was “coming soon”, having previously registered plans to introduce the new six-seater electric vehicle in China.(Reporting by Beijing Newsroom; Editing by Joe ...
by

Soho House to go private in $2.7 billion deal, Ashton Kutcher to join board

(Reuters) -Soho House is going private in a $2.7 billion deal led by New York-based MCR Hotels, capping a turbulent market run and financial struggles that erased nearly half of the high-end members club operator’s value since its 2021 debut. Shareholders of Soho will get ...
First Previous425426427428429430431432433Next Last