Citi joins hands with Apollo for $25 billion private credit program
By Niket Nishant (Reuters) – Citigroup and Apollo Global have partnered for a $25 billion private credit and direct lending…
Year: 2024
Southwest’s turnaround strategy lifts shares, activist investor Elliott shrugs
By Rajesh Kumar Singh CHICAGO (Reuters) -Southwest Airlines on Thursday unveiled a slew of initiatives to turn around its struggling…
X asks Brazil’s top court to allow it to resume services, source says
BRASILIA (Reuters) – Elon Musk-owned social media platform X has requested that Brazil’s Supreme Court allow it to resume service…
Alphabet to invest $3.3 billion for two data centers in South Carolina
(Reuters) – Alphabet plans to invest $3.3 billion in South Carolina to build two new data centers, CEO Sundar Pichai…
Google complains to EU over Microsoft cloud practices
By Philip Blenkinsop BRUSSELS (Reuters) -Alphabet unit Google filed a complaint to the European Commission on Wednesday against what it…
Berkshire sells more BofA shares, netting $9 billion since July
(Reuters) – Warren Buffett’s Berkshire Hathaway has offloaded more shares in Bank of America, its latest filing showed on Tuesday,…
Obesity drug developer BioAge Labs aims up to $640 million valuation in upsized US IPO
(Reuters) -BioAge Labs is eyeing a valuation of up to $639.7 million in its upsized initial public offering in the…
Ford, GM shares fall after Morgan Stanley analyst downgrade
NEW YORK (Reuters) – Shares of Ford Motor and General Motors fell about 5% on Wednesday after Morgan Stanley analysts…
US lawmakers seek to pay livestock farmers to use climate-friendlier practices
By Leah Douglas (Reuters) – Farmers in the United States who raise livestock in large industrial operations could get funding…
Oil climbs on China stimulus, Middle East conflict and hurricane risk
By Paul Carsten (Reuters) -Oil prices jumped more than 2% on Tuesday on news of monetary stimulus from top importer…