Business

LATAM Airlines Launches 5% Share Buyback Worth Up to US$671 Million, a Latin America Aviation First

LATAM Airlines Group launches a 5% share buyback worth roughly USD 500 million — the first of its kind by a Latin American carrier — as the post-Chapter-11 recovery deepens. The post LATAM Airlines Launches 5% Share Buyback Worth Up to…

Chevron Runs Venezuela at 280,000 Barrels a Day as US Majors Return Under Trump

Chevron's Venezuelan output has climbed back to 280,000 barrels a day under a US Treasury licensing framework, drawing praise from Donald Trump and clearing the way for BP, Eni, Shell and Repsol to resume operations. The post Chevron Runs…

Southern Copper Marks 30 Years on NYSE as CEO González Rocha’s Death Closes an Era

Southern Copper Corporation completes three decades on the New York Stock Exchange this year, months after the death of long-serving CEO Óscar González Rocha reshaped the Grupo México subsidiary's leadership. The post Southern Copper Marks…

Itaú Sells Colombia and Panama Retail Banks to Banco de Bogotá for US$490 Million

Itaú Sells Colombia and Panama Retail Banks to Banco de Bogotá for US$490 Million

Itaú Unibanco closes the divestment of its retail banking operations in Colombia and Panama, transferring roughly 267,000 customers to Grupo Aval's Banco de Bogotá as it retrenches to core markets. The post Itaú Sells Colombia and Panama…

Credit Braces for Fallen Angels as $100 Billion Trades Like Junk

Oracle Corp. and Stellantis NV are among a group of high-grade companies with debt that has recently traded close to junk levels, putting the bond market on watch for a new era of fallen angels.

Emerging Markets Stay Under Pressure as Iran Impasse Lifts Oil

Emerging-market stocks and currencies stayed under pressure as the lack of progress on US-Iran talks lifted oil prices back above $86 a barrel.

Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges

CNBC

Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges

Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals.

CNBC

Uganda: 14 Killed As Truck Crashes Into Taxi in Lwera

[Nile Post] At least 14 people have been confirmed dead in a grisly accident in Lwera swamp along the Kampala -Masaka Highway.

OpenAI hits back at Apple over ‘oddly personal’ trade secrets fight

OpenAI hits back at Apple over ‘oddly personal’ trade secrets fight

Legal clash deepens after an AI partnership over devices gives way to acrimony

Nigeria: Tinubu Deserves Praise, Not Condemnation for Reforms- Shettima

[Vanguard] Vice-President Kashim Shettima has defended President Bola Tinubu's economic reforms, saying the administration deserves commendation rather than condemnation for policies aimed at repositioning the country's economy.

The Democrats’ civil war over Israel is getting worse

The Democrats’ civil war over Israel is getting worse

While the party fractures over Middle East policy, it is ignoring the threat posed by AI and social media

Apple Finally Gets into the Chatbot Race with Siri AI

Siri’s pre-installed status could also make it one of the world’s most widely used AI assistants almost overnight.