Shares of Rivian Automotive Inc., the money-losing electric vehicle startup, may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from their record high, according to JP Morgan Securities.
Angola reduced its gasoline subsidy, almost doubling pump prices in a nation that has some of the world’s cheapest fuel.
Brazil’s senate approved a provisional measure establishing the structure of President Luiz Inacio Lula da Silva’s cabinet, a relief for the leftist leader whose government was nearly thrown into chaos.
The artificial intelligence boom is handing a big win to hedge funds angling for an edge.
The US Treasury Department is considering postponing its regular three- and six-month bill auctions “tentatively” scheduled for next Monday if constraints around the statutory debt limit remain.
Mexico has talked to some of the world’s biggest manufacturers of cars, auto parts and steel about opportunities to invest in a narrow strip of land in southern Mexico, according to the nation’s top trade official.
Amazon.com Inc.’s $1.65 billion planned takeover of Roomba vacuum maker iRobot Corp. faces a European Union merger review, as watchdogs ramp up scrutiny of deals with the potential to boost Big Tech’s power over data.
Wildfires in Canada have burned an enormous swath of land and forced thousands from their homes, prompting firefighters from across the globe to descend on the country to help douse the flames.
Pickleball, once a low-stakes game relegated to retirement villages, is going pro — and its backers are aware their chance might not come again.
Veteran fund manager Rajiv Jain said his GQG Partners LLC holds about $13 billion in India stocks and plans to buy more, downplaying corporate governance and political risks associated with his headline-generating investments in billionaire Gautam Adani’s beleaguered conglomerate.
