Business

Financial Services Sector Seen as Focus for Activist Campaigns

Financial services companies are attracting activist investors who see them as generating cash that could be paid out to investors, said Paul Weiss’ Carmen Lu.

Oncoclínicas Sells Saudi Stake for US$6.5 Million

The US$6.5 million sale of a Saudi joint venture shows how Brazil's largest cancer-care operator is retreating from global ambitions to fix its balance sheet at home. The post Oncoclínicas Sells Saudi Stake for US$6.5 Million appeared…

Itaú BBA Sets 185,000 Ibovespa Target: What It Means

A bank target is a forecast, not a promise. We break down the macro reasoning behind Itaú BBA's 185,000 call for Brazil's main stock index. The post Itaú BBA Sets 185,000 Ibovespa Target: What It Means appeared first on The Rio Times .

Engie Sells Brazil Energy-Efficiency Units to BCR-i

French utility Engie divested a group of Brazilian energy-efficiency and services subsidiaries to BCR-i Holding, aligning with a global push to simplify its portfolio. The post Engie Sells Brazil Energy-Efficiency Units to BCR-i appeared…

JPMorgan Downgrades ASUR on Weak Cancún Traffic

An analyst downgrade of ASUR, the group that runs Cancún International Airport, points to softening travel demand in Mexico that foreign investors and expats should watch. The post JPMorgan Downgrades ASUR on Weak Cancún Traffic appeared…

Teen plaintiff suing Meta over mental health harms drops his claims against company days before trial

Tesla Stock at ‘Inflection Point’ as Traders Seek AI Credibility

As Tesla Inc. is set to report results that many expect will set the tone for the company’s artificial-intelligence ambitions, analysts are scouring charts for clues on where the stock is headed.

Meta Avoids Second Addiction Trial as Teen Accuser Drops Case

Meta Platforms Inc. won’t have to face a second trial over claims that social media platforms are addictive to minors because the plaintiff is dismissing the case, according to his lawyers.

US treasury secretary welcomes Pakistan’s economic reforms, return to capital markets

US Treasury Secretary Scott Bessent met Finance Minister Muhammad Aurangzeb a day earlier and welcomed Pakistan’s progress in implementing economic reforms and laying the groundwork for a return to international capital markets, the…

Africa: Egypt's Reme-D Gets $1.45m to Scale Molecular Diagnostics in Africa

[Daba Finance] Egyptian healthtech startup Reme-D has raised $1.45 million in a Pre-Series A funding round led by Anara Impact Capital to expand production of its molecular diagnostic tests and grow its presence across Africa and other…

Tories ask HMRC to investigate whether Nigel Farage owes tax on £5m gift

Party chair queries status of funds Reform leader received from crypto billionaire Christopher Harborne The Conservatives have asked HMRC to investigate whether Nigel Farage should have paid tax on the £5m gift her received from the crypto…

Nobody in region to be allowed to sell oil if Iran denied this opportunity — speaker

Mohammad Bagher Ghalibaf added that security in the strait is possible only if no American forces are present there