The share sale that’s set to privatize Brazil’s Companhia Paranaense de Energia has drawn early interest from investors including GQG Partners LLC and Zimmer Partners, according to people familiar with the matter.
MicroStrategy Inc.’s Michael Saylor says investors will continue to view his software firm as a Bitcoin proxy even if regulators approve the first US exchange-traded fund to directly hold the cryptocurrency.
Diplomatic and economic sanctions imposed by Niger’s neighbors in the wake of a coup are beginning to bite, as the junta begins talks with regional leaders about the political crisis, the nation’s ambassador to the US said.
Litecoin, the world’s 11th-biggest cryptocurrency, saw its price slide on Wednesday after it went through a so-called halvening, with the rewards paid to computers supporting its network dropping in half. Don’t expect the same outcome next year when Bitcoin’s own halvening is due.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called new plans for more stringent capital rules “hugely disappointing” days after US regulators released the long-awaited proposals.
A record drop in US crude inventories is failing to lift a market that has seen a recent rally squelched by concerns about the macroeconomic outlook.
There is likely to be a silver lining in Fitch’s downgrade of the US, at least for two companies — Microsoft Corp. and Johnson & Johnson.
Washington’s hostile political factions quickly took up Fitch Ratings’ downgrade of US government debt as a new weapon of political combat — highlighting in part why the firm stripped the US of its top-tier credit rating.
Extreme heat scorching the Northern Hemisphere from California to China is also on show in the south, where parts of Chile and Argentina have seen temperatures soar in the depths of their winter.
A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether it will ever get completed.
