Monetary policy, former Federal Reserve chairman Ben Bernanke often said, is “98% talk and 2% action.” But inside Brazil’s central bank, some worry that its newest director might talk too much.
US merchant bank BDT & MSD Partners agreed to buy a stake in Italian machinery maker IMA Industria Macchine Automatiche SpA owned by BC Partners.
Traders are poised to shell out more than $200,000 a day to ship liquefied natural gas in the coming months as tankers grow scarce ahead of winter, when demand for the heating fuel peaks.
Veteran investor Nelson Tanure is betting that Light SA, a Brazilian utility that filed for bankruptcy protection, will generate big gains for its shareholders even as bondholders expect to lose around half their money.
A meeting of the UN-affiliated agency that regulates deep-sea mining ended with most nations refusing to accept mining applications until regulations exist.
Six people were were killed, including a child and her mother, in a Russian missile strike on Kryvyi Rih, the hometown of Ukrainian President Volodymyr Zelenskiy, according to the regional governor. Zelenskiy said on Telegram that “floors four through nine of the residential building have been completely destroyed.”
Former President Donald Trump said Monday he assumes he will be indicted “any day now,” as the grand jury investigating his involvement in attempts to overturn the 2020 election wraps up its work in Washington.
US Commerce Secretary Gina Raimondo is planning to visit China in late August, according to people familiar with the matter, part of the Biden administration’s effort to reduce tensions between the world’s two largest economies.
After months of negotiations with the International Monetary Fund, Sergio Massa pulled off a debt-defying deal that will keep Argentina’s economy afloat for another while.
The latest issue with Pratt & Whitney jet engines is driving up demand for older aircraft as airlines scour the global fleet for spare capacity, according to the world’s biggest aircraft lessor.
