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By Marcela Ayres BRASILIA (Reuters) -Brazilian Finance Minister Fernando Haddad will begin a trip to Silicon Valley this week with a plan to lure data centers to his country by exempting the related technology investments from federal taxes, four sources familiar with the matter told Reuters. Haddad’s trip to California on Friday includes a May …

Brazil to offer tax breaks to lure data center investments, sources say Read More »

By David Shepardson WASHINGTON (Reuters) – Major automakers want Congress to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months. The U.S. House of Representatives will vote later this week on …

Major automakers want Congress to bar California 2035 electric vehicle plan Read More »

SINGAPORE (Reuters) – Goldman Sachs has appointed Sushil Bathija as Asia ex-Japan head of mergers and acquisitions (M&A), and Vikram Chavali as Asia ex-Japan head of sponsors M&A, according to an internal memo on Monday seen by Reuters. Bathija and Chavali will continue to work closely with regional and global leadership in driving the success …

Goldman Sachs makes two appointments to Asia ex-Japan M&A leadership Read More »

By Niket Nishant (Reuters) -Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have kept the bank under an asset cap of $1.95 trillion. The Consumer Financial Protection Bureau, the top U.S. consumer watchdog, has lifted a 2018 consent order related to the lender’s compliance risk …

Wells Fargo nears full regulatory relief as CFPB lifts consent order Read More »

(Reuters) – Wall Street’s main indexes opened slightly higher on Monday, as investors braced for a week packed with key economic data and earnings from some top companies, while U.S. trade policy developments remained in focus. The Dow Jones Industrial Average rose 58.2 points, or 0.15%, at the open to 40,171.74. The S&P 500 rose …

US stocks open higher as busy week for earnings, data kicks off Read More »

By Bernardo Caram BRASILIA (Reuters) – The government of President Luiz Inácio Lula da Silva expects to raise $2 billion in financing for sustainable projects through a new auction to be announced on Monday as part of the Eco Invest Brazil program, focusing on initiatives to recover degraded pastures. According to Brazil Treasury Secretary Rogério …

Brazil’s government aims to raise $2 billion in financing with new Eco Invest auction Read More »

By Federico Maccioni and Jana Choukeir DUBAI (Reuters) -Abu Dhabi’s Etihad Airways is not seeing any effects from the turmoil caused by U.S. President Donald Trump’s tariff policies, its CEO Antonoaldo Neves told Reuters on Monday, while adding it was too early to fully gauge the impact of the levies. Trump’s announcement of sweeping tariffs …

Etihad Airways shrugs off tariff turmoil, sees opportunities Read More »

(Reuters) -China’s foreign ministry has asked all parties involved in CK Hutchison’s planned sale of most of its ports operations to a BlackRock-led consortium to “act prudently,” state news agency Xinhua reported on Monday. The sale by the Hong Kong conglomerate, which contains two ports adjacent to the strategically important Panama Canal, has become highly …

China pushes for ‘prudence’ on CK Hutchison’s ports deal, Xinhua reports Read More »

By Karen Braun NAPERVILLE, ILLINOIS (Reuters) -Speculators held on to bullish bets in Chicago corn and soybeans last week in hopes that U.S. talks with trading partners might progress, potentially stimulating U.S. grain exports. U.S. farmers are off to an efficient start on spring planting and crops in South America have good prospects, neither of …

Funds hold bullish corn and soybean bets steady as trade talks await clarity: Braun Read More »