Hydrogen projects involving Amazon.com Inc., Exxon Mobil Corp. and Air Products and Chemicals Inc. are among those receiving portions of $7 billion in US funding meant to make the country a leader in the controversial fuel.
The assailant who fatally stabbed a teacher in France in what President Emmanuel Macron called an Islamist terror attack was possibly motivated by the war between Israel and Hamas, a top security official said.
Stanford University’s $40.9 billion investment fund returned 4.4% during the 12 months ending June 30, topping results at other elite colleges despite headwinds from venture capital and private equity.
Stocks fell and bonds rose as signs Israel is preparing for a ground invasion of Gaza left traders looking for safety ahead of the weekend. Gold surged the most since March. Oil rallied.
Oil posted its largest weekly gain in a month after Iran said a new front in the conflict between Israel and Hamas was possible. Traders also covered bearish bets ahead of a widely expected invasion of Gaza.
Hedge funds will have to start sharing significantly more information about their short-sale transactions with the Securities and Exchange Commission, setting up another clash between the industry and Wall Street’s main regulator.
Brazil is on track to balance its budget next year if congress does its part to help raise the 168 billion reais ($33 billion) in revenues necessary to hit that target, Finance Minister Fernando Haddad said in an interview.
Japan’s Finance Minister Shunichi Suzuki sent a warning shot to investors on Friday, relating that he had told his Group of 20 counterparts that there will be cases when appropriate responses are required in foreign exchange markets.
The United Auto Workers spared General Motors Co., Ford Motor Co. and Stellantis NV from additional strike locations Friday as contract talks progressed, and said that it will now call for strikes “with little notice.”
Saudi Arabia has paused diplomacy to normalize ties with Israel amid the violence between Hamas militants and Israeli forces, people familiar with the matter said, in a major blow to President Joe Biden’s ambitions for the Middle East.
