SAO PAULO (Reuters) -Brazilian planemaker Embraer said on Wednesday it delivered 61 aircraft in the second quarter of 2025, a 30% increase from a year earlier. The deliveries in the quarter through the end of June included 19 commercial jets, in line with the same quarter last year, and 38 executive jets, a 41% jump …
Brazil’s Embraer delivers 61 aircraft in Q2, a 30% rise year-on-year Read More »
By Chris Prentice and AJ Vicens NEW YORK (Reuters) -The U.S. Securities and Exchange Commission has reached a deal in principle with SolarWinds Corp and its top security officer to end litigation tied to a Russia-linked cyberattack involving the software firm, they said in a court filing on Wednesday. The SEC, SolarWinds and its chief …
US SEC, SolarWinds reach preliminary deal to end breach lawsuit Read More »
By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks rose to a record high on Wednesday after U.S. data showed an unexpectedly weak reading on the labor market while British government bond yields surged on growing speculation about the future of the country’s finance minister. The ADP National Employment Report showed private payrolls dropped by 33,000 …
Stocks climb to record, gilt yields surge on finance minister uncertainty Read More »
By Niket Nishant (Reuters) -Crypto firm Ripple is applying for a national bank charter in the United States, its CEO Brad Garlinghouse wrote in a social media post on Wednesday, following a similar move by stablecoin giant Circle. The move reflects a broader push by crypto firms for regulatory clarity and deeper integration with the …
Ripple applies for US national bank charter as crypto eyes next frontier Read More »
SAO PAULO/RIO DE JANEIRO (Reuters) -Brazilian miner Vale on Wednesday lowered its forecast for iron ore agglomerates production in 2025, as the pellet market struggles with oversupply concerns and reduced demand for high-quality products. The company cut its output outlook to between 31 million and 35 million metric tons, down from a previous range of …
Vale cuts forecast for iron ore agglomerates output amid market weakness Read More »
By Ateev Bhandari (Reuters) -Tech billionaire Joe Lonsdale said on Wednesday he is investing in a new crypto-focused U.S. bank being launched by Anduril co-founder Palmer Luckey that aims to fill the void left by Silicon Valley Bank’s collapse. Before a March 2023 liquidity crisis, SVB had long been a major primary banking channel for …
Palmer Luckey, backed by Palantir’s Lonsdale, to launch crypto-focused bank Read More »
By Sherin Elizabeth Varghese (Reuters) -U.S. natural gas futures rose over 2% on Wednesday, snapping two days of declines, as hotter mid-July forecasts are expected to lift air-conditioning demand, prompting power generators to burn more gas. Front-month gas futures for August delivery on the New York Mercantile Exchange (NYMEX) settled 7.3 cents, or 2.1%, higher …
US natgas prices gain over 2% on mid-July heat forecasts, more cooling demand Read More »
LOS ANGELES, CALIFORNIA (Reuters) -Paramount Global’s settlement of the “60 Minutes” lawsuit filed by U.S. President Donald Trump provoked condemnation on Wednesday from CBS News current and former employees, press freedom advocates and legislators. Paramount’s agreement to pay $16 million to resolve a civil suit over what Trump alleged was the network’s deceptive editing of an …
Trump settlement triggers ‘widespread distress’ at CBS News Read More »
By Max A. Cherney, Jeffrey Dastin and Stephen Nellis SAN FRANCISCO (Reuters) -Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive shift from his predecessor’s plans. The new strategy for Intel’s foundry business would …
Exclusive-Intel’s new CEO explores big shift in chip manufacturing business Read More »
By Courtney Rozen and Jason Lange WASHINGTON (Reuters) -President Donald Trump’s administration on Tuesday reported having 2.3 million people on federal payrolls in March, almost unchanged from prior months despite the Republican’s efforts to shrink the size of government. The Office of Personnel Management, which functions as the HR department for the federal government, published …
Federal workforce held steady in early months of Trump administration, data shows Read More »
