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(Reuters) -ElevenLabs is letting employees sell shares at a valuation of $6.6 billion – double the voice cloning artificial intelligence startup’s previous value, Bloomberg News reported on Monday. ElevenLabs had raised $180 million in its last funding round in January which gave it a valuation of $3.3 billion at the time. AI startups engaged in …

ElevenLabs staff to sell shares at $6.6 billion valuation, Bloomberg News reports Read More »

(Reuters) -U.S. President Donald Trump’s criticism of the Federal Reserve risk undermining its independence, which could boost inflation and increase borrowing costs for the government, Citadel CEO Kenneth Griffin and Chicago Booth Business School professor Anil Kashyap wrote in a Wall Street Journal op-ed piece on Sunday. The United States faces two key challenges – …

Trump’s calls to dismiss Fed governors undermine independence, Citadel CEO writes in WSJ op-ed Read More »

By Ana Mano SAO PAULO (Reuters) -Brazil’s JBS, the world’s largest meat company, has delivered 123,765 ear tags to individually track cattle in Para state, according to a statement on Monday, marking a possible turning point in efforts to halt deforestation in the Amazon.  Para passed a law in late 2023 requiring that ranchers in …

Brazil’s JBS ramps up cattle tracking in Amazonian state of Para Read More »

DUBAI (Reuters) -BlackRock will open an office in Kuwait and has appointed Ali AlQadhi to lead operations in the country, Kuwaiti state news agency KUNA reported on Monday, as the world’s largest asset manager pursues a Gulf expansion. AlQadhi already heads BlackRock’s client business for Kuwait and Qatar, a role he will continue, the agency …

BlackRock to open office in Kuwait, KUNA reports Read More »

(Reuters) – WaterBridge is seeking a valuation of up to $2.28 billion in its initial public offering in the U.S., the oilfield water management company said on Monday, underscoring strengthening momentum in the new listings market. U.S. listings have rebounded from a slump in April sparked by tariff-driven market volatility, as signs of progress in …

Five Point-backed WaterBridge eyes up to $2.3 billion valuation in US IPO Read More »

DUBAI (Reuters) -Macquarie Asset Management (MAM) is looking to set up an office in Saudi Arabia after signing a preliminary agreement with the Gulf country’s $925 billion sovereign wealth fund PIF aimed at boosting investment into the kingdom, they said on Monday. Under the Memorandum of Understanding (MoU), PIF and the asset management arm of …

Macquarie seeks to set up base in Saudi Arabia after preliminary deal with PIF Read More »

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Markets face a politically-charged start to the week in Japan and France, but attention will soon turn back to the U.S. where interest rate markets are once again mulling the chance of half-point Federal …

Morning Bid: Politics and payrolls Read More »