GIC Cuts Key Quant Unit in ‘Tough’ Overhaul of Investment Teams
Singapore sovereign wealth fund GIC Pte has scaled back a core quantitative unit set up in 2016 under
2023-07-28 09:21
Walmart Mexico posts slightly higher profit amid June sales uptick
By Carolina Pulice MEXICO CITY (Reuters) -Walmart's Mexico and Central America unit on Thursday posted a 5% year-on-year rise in
2023-07-28 08:50
Mexico's president offers to buy US company's coastal property for $375 million to end dispute
Mexico’s president says he has offered to buy an American company’s Caribbean coast property for $385 million to end a bitter, years-long dispute
2023-07-28 08:50
Japan Yield Breaks BOJ Ceiling on Fresh Policy Speculation
Japan’s benchmark government bond yield pierced the central bank’s ceiling amid speculation that policymakers are discussing loosening their
2023-07-28 08:23
BOJ seen keeping ultra-low rates, may relax yield control
By Leika Kihara TOKYO (Reuters) -The Bank of Japan is set to keep ultra-low interest rates on Friday but may
2023-07-28 08:17
Saudis Make First Big Global Mining Bet With Vale Metals Stake
Saudi Arabia has made the first big deal in a push to deploy its vast wealth into the
2023-07-28 07:51
Inflation in Japan's capital slows in July, stays above BOJ target
By Yoshifumi Takemoto and Leika Kihara TOKYO Core inflation in Japan's capital slowed in July but remained well
2023-07-28 07:51
South Korea June factory output falls more than expected
SEOUL South Korea's factory production fell more than expected in June, official data showed on Friday, as automobile
2023-07-28 07:46
Brazil's Vale to sell 13% stake in base metals unit for $3.4 billion
SAO PAULO Brazilian miner Vale SA said on Thursday it reached two separate agreements to sell a 13%
2023-07-28 07:45
Citigroup says some predecessor companies likely saw indirect financial benefits from slavery
Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800’s, the financial giant acknowledged Thursday, an admission that comes at a time when numerous institutions are re-examining their historic roots and the roles they played in slavery in the U.S. In research conducted last year, Citi found that none of its predecessor companies directly purchased, sold, or held slaves
2023-07-28 07:26
Ford's EV losses climb but overall profits rise
Losses are going up on Ford's electric vehicle business, but profit from its traditional internal combustion engine vehicles allowed it to beat Wall Street expectations.
2023-07-28 07:24
U.S. Air Force Awards Advanced Battle Management System (ABMS) Indefinite-Delivery/Indefinite-Quantity (IDIQ) Contract to ARC, Inc.
WASHINGTON--(BUSINESS WIRE)--Jul 27, 2023--
2023-07-28 06:59