(Reuters) -Social media platform X was back up on Saturday after it suffered an outage that lasted less than an hour, according to outage tracking site Downdetector.com. The website, which tracks outages by collating status reports from several sources including users, showed less than 164 reports of outages in the U.S. as of 11:01 a.m. …
Social media platform X back up after brief outage, Downdetector shows Read More »
(Reuters) -The U.S. Federal Reserve and other regulators are set to unveil sweeping changes to a raft of proposed banks capital rules as soon as Sept. 19, Bloomberg News reported on Friday, citing people familiar with the matter. The revisions could run up to 450 pages and would include key changes to rules that center …
US to propose Basel rule revisions this month, Bloomberg reports Read More »
LA PAZ (Reuters) – Bolivian inflation hit its highest level in nearly ten years, data from the South American country’s national statistics office INE showed on Friday, hitting a 12-month rate of 5.19%, with a monthly increase of 1.58%. This marks the strongest inflation in close to a decade, and remains far above the central …
(Reuters) – The U.S. Federal Energy Regulatory Commission on Friday approved BlackRock’s $12.5 billion deal for Global Infrastructure Partners. Under the deal, which was announced earlier this year, BlackRock said it would pay $3 billion in cash and roughly 12 million BlackRock shares to acquire the asset management giant. BlackRock and Global Infrastructure Partners declined …
US regulator approves BlackRock’s $12.5 billion deal for Global Infrastructure Partners Read More »
(Reuters) – Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases starting from December instead of October, the bank said in a note on Friday. OPEC+ has agreed to delay a planned oil output increase for October and November, the producers group said on Thursday after …
Goldman Sachs expects OPEC+ production increases to start in December Read More »
By Chibuike Oguh NEW YORK (Reuters) -U.S. stocks fell on Friday, weighed down by a jobs report that showed a continued labor market slowdown but left traders uncertain about how far the Federal Reserve will go in cutting interest rates. All three main indexes were lower, with the 11 sectors of the benchmark S&P 500 …
Wall Street stocks fall, big weekly drop as market waits for Fed to move Read More »
(Reuters) -KinderCare Learning Companies, a provider of early childhood education that first filed for a stock market listing three years ago, is rebooting its bid for an initial public offering in the United States. The IPO would be among the first major moves by KinderCare’s new CEO Paul Thompson, who took over the reins in …
(Reuters) -StandardAero, an aircraft maintenance services provider backed by private equity firm Carlyle Group and Singapore’s sovereign wealth fund GIC, filed for an initial public offering in the United States on Friday. The aftermarket services industry is heating up with several aircraft equipment manufacturers also expanding into the space in recent years, as the business …
Carlyle-backed aviation service provider StandardAero files for US IPO Read More »
(Reuters) – The S&P Dow Jones Indices said on Friday server maker Dell Technologies, data analytics firm Palantir Technologies and property and casualty insurer Erie Indemnity will join the benchmark S&P 500 before the market opens on Sept. 23. Shares of Palantir rose nearly 8% in extended trading, while those of Dell and Erie rose …
Dell, Palantir and Erie Indemnity to join S&P 500 Read More »
(Reuters) – Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and plans to sell its chain of stores through a court-supervised process, Bloomberg News reported on Friday, citing people familiar with the situation. The company will remain in operation under Chapter 11 protection, the report said, …
Big Lots prepares bankruptcy filing with plans to sell stores, Bloomberg News reports Read More »
