Brazil Prices Rise Less Than Expected, Cementing Rate Cut
Brazil’s annual inflation accelerated less than expected in August as central bankers prepare to extend interest rate cuts at next week’s policy meeting.
Brazil’s annual inflation accelerated less than expected in August as central bankers prepare to extend interest rate cuts at next week’s policy meeting.
Bharat Ramamurti, a senior member of President Joe Biden’s National Economic Council, is leaving his post at month’s end, according to a White House official.
A group of banks led by Goldman Sachs Group Inc. and JPMorgan Chase & Co. launched a $4.4 billion debt sale to fund GTCR’s purchase of a majority stake in payment processor Worldpay Inc., one of the most hotly anticipated deals in the leveraged finance market this year.
Sixth Street Partners-backed Legends Hospitality is in talks with a group of private credit firms led by Ares Management Corp. and KKR & Co. to finance its potential acquisition of venue and events management company ASM Global, according to people with knowledge of the matter.
Amazon.com Inc. is offering a new service that will let its 2 million merchant partners deliver inventory directly to physical retail stores and warehouses, the latest push by the e-commerce giant to expand its logistics network beyond serving online shoppers.
Chevron Corp. will become majority owner of what’s expected to be the world’s largest hydrogen production and storage facility as the oil giant invests in tech aimed at addressing the intermittency that plagues wind and solar power.
Companies looking to tap the IPO market’s reopening on the back of listings from Arm Holdings Ltd. and Instacart Inc. still need to get their act together.
A judge ordered a high-stakes family feud over the finances of US Senator Dianne Feinstein, the powerful 90-year-old California Democrat, to be moved out of court for private negotiations.
Vladimir Putin prepared to meet with North Korean leader Kim Jong Un, whose luxury armored train crossed into Russian territory. In the eastern port city of Vladivostok, the Russian president sought to reassure investors after a steep drop in the ruble exposed the country’s vulnerability to financial shocks.
US investors’ pursuit of Europe’s historic football teams is accelerating, with Miami-based 777 Partners LLC closing in on a takeover of one of the founding fathers of the professional game in England.