SAO PAULO — Brazilian insurer SulAmerica Seguros SA said on Monday the hospital chain Rede D’Or and its controlling shareholders have reached a 12% stake in the company. Read More
OSLO — The latest postponement of production at Norway’s Hammerfest LNG plant was due to the need for final tests on a compressor that has been repaired, operator Equinor said on Sunday. Read More
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters David Randall Publishing date: May 20, 2022 • 10 minutes ago • 4 minute read • Join the conversation Article content NEW YORK — The Federal Reserve’s determination to raise interest rates until it squashes the highest inflation in decades is darkening the outlook […]
Article content India’s Adani Group acquired a controlling stake in Holcim AG’s cement businesses in India in a $10.5 billion deal to become the second biggest cement producer in the country, Adani Group said in a statement on Sunday. Asia’s richest person Gautam Adani’s conglomerate acquired 63.19% of Ambuja Cements Ltd and its subsidiary ACC […]
Article content Goldman Sachs Group Inc will allow its partners and managing directors to take as much time off as they want under a new “flexible vacation” scheme to promote “rest and recharge,” The Telegraph reported https://www.telegraph.co.uk/business/2022/05/14/take-many-days-like-goldman-sachs-tells-bosses on Saturday, citing an internal memo. The Wall Street bank memo said that, as of May 1, there […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Anisha Sircar Article content A gauge for Latin American currencies rose on Friday as the dollar dipped, clawing back some gains in a volatile week marred by risk-off sentiment on global growth fears, while Mexico’s peso strengthened after its central bank hiked interest […]