(Reuters) -A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the…
Year: 2025
Fed’s Miran: Stablecoin adoption could put downward pressure on interest rates
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Stephen Miran on Friday said that if stablecoins end up…
Democrats’ electoral sweep tests Trump’s anti-DEI and immigration agenda
By David Hood-Nuño, Jonathan Allen and Bianca Flowers WASHINGTON (Reuters) -Democrats’ victories in Tuesday’s elections have exposed potential vulnerabilities in…
Petrobras posts slight profit growth, unveils $2.25 billion in dividends
By Fabio Teixeira and Marta Nogueira RIO DE JANEIRO (Reuters) -Brazilian oil firm Petrobras reported on Thursday a slight increase…
ESPN taps DraftKings as sports-betting partner after ending PENN deal
Gold Bars Are Flowing, Yet This Miner Remains Priced Like a Startup In Today’s News New Amazon Crisis Could Tank…
ESPN taps DraftKings as sports-betting partner after ending PENN deal
By Jaspreet Singh (Reuters) -ESPN signed a new deal making DraftKings its official sportsbook and odds provider, after ending a…
Ripple says ‘skinny’ Fed master account is attractive despite limitations
By Hannah Lang (Reuters) -Crypto giant Ripple supports the idea of a “skinny” Federal Reserve payments account for non-banks, which…
OpenAI discussed government loan guarantees for chip plants, not for data centers, CEO Altman says
(Reuters) -OpenAI has spoken with the U.S. government about possible loan guarantees to support the construction of chip factories in the…
Starlink signs landmark global direct-to-cell deal with Veon as satellite-to-phone race heats up
By Gianluca Lo Nostro and Leo Marchandon (Reuters) -Elon Musk’s Starlink, a subsidiary of SpaceX, secured its largest direct-to-cell deal…
Wegovy-maker Novo Nordisk cuts outlook again as obesity drug sales slow
By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN (Reuters) -Wegovy-maker Novo Nordisk lowered its full-year profit and sales forecasts again on…