Google buys carbon removal credits from Brazil startup, joining MicrosoftThe Brazilian startup and Google did not reveal terms of the deal. In 2023, when it sold credits to McLaren Racing, Mombak priced them at a...
Bill Ackman's Pershing Square sells 10% stake to raise $1.05 billionBillionaire Bill Ackman's Pershing Square Capital Management has raised $1.05 billion by selling 10% stake in the hedge fund to a consortiu...
Brazilian lender Itau launches crypto tradingInitially, Itau's new service will allow trading of bitcoin, the most popular cryptocurrency, as well as ether, but the lender aims to late...
The global sugar shortage is about to ease thanks to a corn supply boomFor consumers fighting rampant food inflation, the plunging sugar prices will be a respite. The global sugar shortage had caused prices of ...
US ETF market ushers in active investing in India, Brazil stocksThe South American nation, which earlier attracted bond investors and carry traders with one of the world’s most aggressive monetary tighte...
One of the World’s lithium leaders looks like a shakier sourceChile is altering the way it extracts and produces lithium, with the government hoping to acquire the majority of new contracts with privat...
Even an intern could have...: Billionaire on Silicon Valley Bank collapseSilicon Valley Bank collapse: Brazilian billionaire Andre Esteves said that it was a gross mismanagement of interest rates mismatch and any...
India, Russia sign MoU for funding of hydro-generation projectsRussia's Direct Investment Fund signed an MoU with India's Infrastructure Development Finance Company for funding of hydro-generation proje...
Generali posts 9 per cent profit rise as it starts talks with PactualItaly's biggest insurer by market value said net profit had risen to 660 million euros, helped by a rebound in life insurance.
Global investment firms losing market share to local competitors in developing nationsStagnant revenue, job cuts and pressure to shrink quickly and curb compensation have weighed down banks based in London, Zurich and New Yor...
- Hoarding treasuries helps dealers as Europe woes rise
Wall Street’s biggest bond firms are buying the most Treasuries in two years, driving the biggest rally in government bonds in at least sev...
- Global M&A sees deals of $27.7 bn in a day
Though there is a 14 per cent decline in volume of big merger and acquisition deals so far this year but there has been a significant upsur...
- UBS sells Brazilian arm for $2.5 bn
Troubled banking giant UBS AG sold its Brazilian business on Monday for about $2.5 billion to BTG Investments in an effort to reduce risk a...