By Curtis Williams (Reuters) -U.S. liquefied natural gas company Venture Global said on Monday it has decided to go ahead with the construction of its CP2 export facility in Louisiana after it closed $15.1 billion in financing for the first phase of the project. Venture Global’s stock rose 5% as investors cheered the decision, which …
Venture Global okays construction of CP2 LNG project, shares rise 5% Read More »
By David Lawder and Greta Rosen Fondahn STOCKHOLM (Reuters) -Top U.S. and Chinese economic officials met in Stockholm on Monday for more than five hours of talks aimed at resolving longstanding economic disputes at the centre of a trade war between the world’s top two economies, seeking to extend a truce by three months. U.S. …
US, China hold new talks on tariff truce, easing path for Trump-Xi meeting Read More »
(Reuters) -Spirit Airlines said on Monday it will furlough about 270 pilots while demoting another 140, as the cash-strapped budget carrier looks to scale down its workforce to match a downsized schedule. The furloughs will go into effect on Nov. 1, while designation downgrades for captains will take place on Oct. 1, the company told …
Spirit Airlines to furlough 270 pilots, demote 140 more on downsized schedule Read More »
MEXICO CITY (Reuters) -Mexican state energy company Pemex on Monday reported a net profit of 59.52 billion pesos ($3.17 billion) for the second quarter of this year, helped largely by a more favorable exchange rate. Like most of its Latin American peers, Pemex is essentially a dollar-denominated state company, including for the vast majority of …
Mexico’s Pemex swings to net profit, helped by peso recovery Read More »
(Reuters) -Warner Bros Discovery said the two companies created by the separation of its studio, streaming and cable TV units would be named Warner Bros and Discovery Global, unwinding a merger in less than four years due to seismic shifts in the entertainment industry. Warner Bros will house the crown jewels of WBD’s entertainment library, …
Warner Bros to get studio business after split, Discovery to house news, sports brands Read More »
By Arasu Kannagi Basil (Reuters) -Investment firm Carlyle announced on Monday it has rejigged its senior leadership ranks and named three of its veterans for its newly created role of co-president. Chief Financial Officer John Redett, credit head Mark Jenkins and client business head Jeff Nedelman will become Carlyle’s co-presidents, effective January 1, 2026. “These …
Carlyle picks three veterans for newly minted role of co-president Read More »
(Reuters) -Union members who assemble Boeing’s fighter jets in the St. Louis area have “overwhelmingly voted” to reject the company’s contract offer on Sunday, with the company now preparing for an imminent strike. Boeing’s proposal, which was sent on Tuesday to more than 3,200 members of the International Association of Machinists and Aerospace Workers (IAM) …
Boeing’s contract offer rejected by union members Read More »
(Reuters) -Microsoft on Monday launched a new “Copilot Mode” on its Edge browser that uses artificial intelligence to improve the browsing experience, as the tech giant rushes to compete with rivals launching AI-based browsers and web search features. Copilot Mode can help carry out tasks, organize browsing into topic-based queries and compare results across all …
Microsoft launches AI-based Copilot Mode in Edge browser Read More »
By Manya Saini and Niket Nishant (Reuters) -Figma raised the proposed price range for its U.S. initial public offering on Monday and is now aiming for a valuation of $18.8 billion, in the latest sign of strong investor appetite for high-growth technology stocks. The design software firm, along with some of its investors, is looking …
Figma targets $18.8 billion valuation in US IPO after bumping up price range Read More »
By Ann Saphir (Reuters) -The U.S. central bank, to President Donald Trump’s chagrin, will likely leave interest rates unchanged at a policy meeting this week, but that’s not to say there won’t be a vigorous debate, with one if not two Federal Reserve governors possibly casting a rare dissent in support of lower borrowing costs. …
Fed expected to keep rates unchanged as it sifts through mixed economic data Read More »
