by New Posts | Jan 6, 2025 | Business
SAO PAULO (Reuters) – Brazilian investment bank BTG Pactual is set to announce the acquisition of Swiss private bank Julius Baer’s local unit in a deal worth about 1 billion reais ($163.6 million), newspaper O Globo reported on Monday.BTG Pactual will...
by New Posts | Jan 6, 2025 | Business
By Shivansh Tiwary(Reuters) -American Airlines’ stock is poised for a strong 2025 as the carrier emerges from a challenging year, according to brokerages Jefferies and TD Cowen, who upgraded the stock to a “buy” rating on Monday.Shares of the carrier...
by New Posts | Jan 6, 2025 | Business
By Jaspreet Singh(Reuters) -Lucid beat expectations for quarterly deliveries, as the Saudi Arabia-backed maker of luxury electric vehicles lowered prices and offered cheaper financing to drive demand, sending its shares up about 3% on Monday.The company handed over...
by New Posts | Jan 6, 2025 | Business
(Reuters) – Artificial intelligence-powered chatbots helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by nearly 4% year-over-year, according to a report by Salesforce.Retailers turned to...
by New Posts | Jan 6, 2025 | Business
By Sheila Dang(Reuters) -The U.S. Supreme Court will hear arguments on Friday from TikTok and its China-based owner ByteDance, which is seeking to block a law signed by President Joe Biden that will ban the short-form video app beginning Jan. 19 unless it is divested...
by New Posts | Jan 3, 2025 | Business
By Niket Nishant and Manya Saini(Reuters) -Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government control since 2008, surged to multi-year highs on Friday after federal agencies revealed a framework for their “orderly” release from...
