Baghdad has reached an agreement to hold a 30% stake in TotalEnergies long-delayed $27 billion Iraq project, three sources told Reuters on Tuesday, reviving a deal that Baghdad hopes could lure back foreign investment into the battered country which craves stability.
Japan on Tuesday rejected an allegation that the sanctions it has imposed on Russian private lender Sovcombank are illegal, and said Russia’s aggression against Ukraine should have a significant cost.
TD Bank Group should abandon or renegotiate its $13.4 billion acquisition of U.S. lender First Horizon as the regional banking crisis has unearthed unknown risks, some small shareholders told Reuters.
Pakistan’s central bank raised its key interest rate by 100 basis points to its highest-ever level on Tuesday, as the cash-strapped country stepped up its fight against soaring consumer prices.
The U.S. and EU pledged on Tuesday to confront any attempts to destabilise global energy markets, after meeting in Brussels to discuss the impact of Russia’s invasion of Ukraine.
Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology.
The U.S. banking crisis is ongoing and will have effects for years to come, JPMorgan Chase & Co CEO Jamie Dimon wrote in a letter to shareholders on Tuesday.
Italian luxury sneaker brand Golden Goose reported a 30% rise in revenues last year and sees scope for further growth by expanding beyond its core product range, Chief Executive Silvio Campara told Reuters.
U.S. stock index futures edged higher on Tuesday on gains in technology and growth stocks, while investors awaited key economic data that could decide the Federal Reserve’s monetary tightening path.
