Emerging economies will continue to suffer from the spillover of economic problems in the U.S., which are restricting their market access and pushing up financing costs, a Moody’s report said on Thursday.
MetLife Inc said on Thursday it had signed a $19.20 billion reinsurance deal with retirement and life insurance firm Global Atlantic, and boosted its stock buyback programme to $4 billion.
Credit rating agency DBRS Morningstar put its rating for the United States on review for a downgrade on Thursday over Washington’s haggling over its borrowing limits, less than 24 hours after Fitch issued a similar warning.
Dollar Tree Inc on Thursday cut its annual profit forecast as high inflation dampens demand for higher-margin items such as party supplies and fashion accessories, sending shares of the company down 11%.
U.S. company Viasat is set to gain unconditional EU antitrust approval for its $7.3 billion bid for British satellite rival Inmarsat, a person with direct knowledge of the matter said on Thursday.
Argentina has initiated a dispute against the United States at the World Trade Organization regarding tubular goods used in oil production, the trade watchdog said on Thursday.
Best Buy Co Inc on Thursday beat first-quarter profit estimates and posted a smaller-than-expect drop in comparable sales as deep discounts lured in budget-conscious customers looking for cheaper deals on TVs and laptops.
Markets were stuck in U.S. debt ceiling limbo on Thursday, while Europe largely shrugged off news that its biggest economy, Germany, had sagged into recession and that all the wrangling in the United States could cost it an AAA credit rating.
The U.S. on Thursday will hold its first sale of oil and gas drilling rights on federal lands since passage of President Joe Biden’s landmark climate change law, with more than 10,000 acres (40.5 square kilometers) on offer in New Mexico and Kansas.
