Mexico’s main opposition presidential candidate Xochitl Galvez called for a sweeping reform of state oil firm Pemex, opening the energy sector to private investment and supercharging renewables.
Companies including IBM Corp., Palantir Technologies Inc., Adobe Inc. and Salesforce Inc. will join President Joe Biden’s voluntary commitments on artificial intelligence as the White House seeks to expand its efforts to shape the new technology without waiting on Congress.
Sculptor Capital Management Inc. was sued by a shareholder who says the company’s proposed $639 million acquisition by Rithm Capital Corp. is unfair to investors.
The next tranche of US aid to Ukraine is running into political trouble as House Speaker Kevin McCarthy considers tying its approval to controversial immigration and asylum policies strongly opposed by Democrats.
The US has warned that North Korea would pay a price for providing Russia with weapons for use in Ukraine, ahead of an expected rare meeting between Kim Jong Un and Vladimir Putin in Russia’s Far East.
New Zealand’s last two elections were dominated by the star power of Jacinda Ardern. This time around, the nation has to decide between two guys called Chris.
General Motors Co. made a counteroffer to the United Auto Workers union, proposing a total 16% pay raise for the top wage earners in its plants and a 56% hike for newer employees who make less, the company said in a statement. UAW President Shawn Fain reacted quickly saying the proposal is “insulting.”
Westlake Financial is working with Pagaya Technologies Ltd. to make auto loans using artificial intelligence, targeting a void left by some lenders that have been pulling back from the business.
The Senate confirmed Adriana Kugler to the Federal Reserve Board of Governors on a 53-45 vote, approving the central bank’s first Hispanic policymaker and capping a Biden administration diversity push at one of the world’s most powerful economic institutions.
Prime Minister Justin Trudeau’s government has called a judicial inquiry into allegations that foreign countries interfered in recent Canadian elections, a decision that comes after months of pressure from opposition parties.
