Argentina, whose new president Javier Milei has said the South American common market Mercosur serves no purpose, now appears to be more willing for the bloc to sign a free trade deal with the European Union, the EU’s top diplomat Josep Borrell said.
Activist hedge fund Blackwells Capital will nominate three directors at Walt Disney Co , rivaling Trian Fund Management which is seeking two seats on the entertainment giant’s board, people familiar with the matter said.
U.S. insurer AIG was the lead insurer on a $130 million “all-risks” policy for the Japan Airlines airplane which collided with another plane at Tokyo’s Haneda airport, two insurance industry sources said on Wednesday.
U.S. stock index futures slipped on Wednesday, pointing to fresh losses on the second trading day of 2024, as Treasury yields extended gains ahead of data that could offer insights on the Federal Reserve’s monetary policy easing plans.
Walt Disney said on Wednesday investment firm ValueAct Capital will advise it on strategy and support its director nominees at the 2024 annual shareholder meeting.
U.S. new vehicle sales likely rose by a low double-digit percentage in 2023 on sustained demand for crossover SUVs and pickup trucks, but analysts fear a challenging year ahead, with high interest rates eating into demand.
Precisely when the Federal Reserve will start cutting interest rates stands as the big unknown for markets and economists as 2024 kicks off, and fresh details about its pivot in that direction may emerge from Wednesday’s readout of the last policy meeting of 2023.
