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Brazil's Agibank aims to raise $785.5 million in US IPO
Reuters· 2026-01-29 20:33
Brazilian fintech Agibank said on Thursday it was aiming to raise as much as $785.5 million in its initial public offering in the United States. ...
Coterra Energy and Devon Energy in advanced talks to merge, source says
Reuters· 2026-01-29 19:42
Coterra Energy and Devon Energy could announce an agreement to merge as soon as next week, in what would be the largest oil and gas deal in the U.S. shale industry in almost two years, a source famili... ...
General Motors shift reduction in Canada to cut 500 jobs
Reuters· 2026-01-29 19:40
General Motors said on Thursday it will eliminate roughly 500 jobs in Canada when a plant in Oshawa, Ontario, cuts a shift, adding more pain to one of the sectors that has been most affected by U.S. t... ...
US lawmaker asks Vitol, Trafigura about Venezuela oil deals
Reuters· 2026-01-29 18:30
Core Viewpoint - The top Democrat on a U.S. House investigative committee is probing global trading houses Vitol and Trafigura regarding their communications with the Trump administration prior to the U.S. capture of Venezuela's leader, aiming to uncover who benefits from this action [1] Group 1 - The investigation focuses on the correspondence between Vitol, Trafigura, and the Trump administration [1] - The inquiry seeks to determine the beneficiaries of the U.S. action against Venezuela's leadership [1]
Francesco Grosoli to lead Mediobanca's private banking in bank revamp, source says
Reuters· 2026-01-29 18:06
Francesco Grosoli, CEO of Mediobanca's Compagnie Monégasque de Banque (CMB), will become head of the bank's private banking business, a source close to the matter said on Thursday, as part of a push t... ...
Trump says Eli Lilly to build six US plants
Reuters· 2026-01-29 18:05
U.S. President Donald Trump said on Thursday that he has spoken to the head of pharmaceutical company Eli Lilly and that the company plans to build six plants in the country. ...
Mercedes CEO says details of EU's relaxed EV targets could negate benefits
Reuters· 2026-01-29 17:48
The fine print of the European Union's relaxed targets in the shift to electric cars risks cancelling out the intended benefits, the CEO of Mercedes-Benz said on Thursday. ...
Danone recalls batches of Aptamil baby formula in Germany, letter shows
Reuters· 2026-01-29 17:46
Danone has recalled at least three batches of its Aptamil baby formula in Germany, a letter to a wholesaler showed on Thursday, as the French food producer scrambles to contain a scare over a toxin contamination that started with Nestle products. ...
Insurance platform Ethos Technologies valued at $1.2 billion in Nasdaq debut
Reuters· 2026-01-29 17:30
Group 1 - Ethos Technologies achieved a valuation of $1.2 billion during its Nasdaq debut [1] - The company is part of a trend where insurance firms are benefiting from strong investor demand [1]
American Airlines plans to resume US flights to Venezuela after Trump moves to open airspace
Reuters· 2026-01-29 17:28
Core Viewpoint - American Airlines plans to resume daily service to Venezuela, pending government approval and security assessments [1] Company Summary - American Airlines is taking steps to re-establish its presence in the Venezuelan market by resuming daily flights [1]