U.S. sanctions imposed on Moscow this month have complicated the foreign trade operations of Russian banks, but they are gradually adapting to the new realities, the finance director of VTB , Russia’s second-largest lender, said on Friday.
Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher supply from key producers counter risks from geopolitical tensions, a Reuters poll indicated on Friday.
Warren Buffett has donated another $5.3 billion of Berkshire Hathaway stock to five charities, his biggest annual donation since he began making them in 2006.
The spread of artificial intelligence-based systems offers big opportunities for financial services firms, executives say, but asset managers also face higher stakes than other consumer-facing businesses because they manage sensitive information.
Pershing Square USA, a fund managed by billionaire Bill Ackman, said on Friday it plans to offer shares at $50 each in its initial public offering in New York.
Electric-vehicle firm Fisker is recalling more than 12,000 Ocean vehicles to fix an issue where exterior door handles can stick and fail to open, the company said on Friday, marking its third recall this month.
Shares of Trump Media & Technology Group rose as much as nearly 13% in premarket trading on Friday after President Joe Biden’s faltering performance against Republican rival Donald Trump at the first 2024 U.S. presidential debate.
Italy is asking Google to pay 1 billion euros ($1.07 billion) in unpaid taxes and penalties, three sources with direct knowledge of the matter said on Friday, seven years after the U.S. company settled a landmark tax dispute with Rome authorities.
Customs records show that the company that builds it uses millions of dollars in imported parts, many arriving in Russia from what Kim has described as his country’s “primary foe” – South Korea.
EU antitrust regulators will decide by Aug. 1 whether to clear Hewlett Packard Enterprise’s $14 billion acquisition of networking gear maker Juniper Networks , a filing on the European Commission website showed on Friday.
