Rheinmetall AG has bought around 30 Leopard 1 A5 battle tanks from a Belgian company on behalf of the German government as part of a package of military hardware for Ukraine unveiled at last month’s NATO summit.
Russia will boost its military forces near its borders with NATO states, Defense Minister Sergei Shoigu said as he lashed out at the US and its allies for providing support to Ukraine.
As a banker at Morgan Stanley, Santiago Stel helped some of the biggest names in Latin America’s once-booming fintech industry go public, including XP Inc. and Nu Holdings Ltd.
Ohio voters on Tuesday overwhelmingly rejected a measure that would have made it harder to cement abortion rights in the state, signaling that the issue will keep drawing supporters to polls into the 2024 election cycle.
Brookfield Asset Management said it expects to raise $150 billion this year, bucking the slowdown in the alternative-asset sector.
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market value since May’s end, propelled by expectations of a gradual return to pre-crackdown growth and a litany of official promises to unshackle the private sector. Yet some investors warn the celebration may be premature.
Carvana Co. raised its profit outlook as the used-car retailer said the momentum it saw from an early-year turnaround is carrying into the third quarter.
The stampede out of energy stocks this year is showing signs of turning as Wall Street urges investors to take a closer look at the beaten-down shares amid a robust US economy.
Italian Prime Minister Giorgia Meloni backed her government’s decision to pass a 40% levy on banks’ extra profits, breaking two days of silence on a move that wiped out an initial $10 billion in market value and saw her coalition struggle to reassure investors.
More than a 1,000 firefighters have contained a blaze in the south of Portugal, while Spain braces for more heat and parts of Norway reel from the worst storm in 100 years.
