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Truth Social Funds plans acquisition of God Bless America ETF
Reuters· 2026-01-28 20:50
Group 1 - Yorkville America Equities, LLC has launched five Truth Social-branded ETFs focusing on "America first" investment themes [1] - The investment adviser has reached an agreement regarding the management of these ETFs [1]
Amazon, Chanel appointed to represent Saks' creditors in bankruptcy
Reuters· 2026-01-28 20:37
Core Insights - Ecommerce giant Amazon and luxury brands LVMH and Chanel have been appointed to Saks Global's newly formed creditors committee, enhancing their influence in the luxury retailer's bankruptcy proceedings [1] Group 1 - Amazon's involvement in the creditors committee signifies its growing role in the luxury retail sector [1] - LVMH and Chanel's participation reflects the interests of high-end brands in the outcome of Saks Global's financial restructuring [1] - The creditors committee will provide these companies with a stronger voice in negotiations related to Saks Global's bankruptcy [1]
US robotaxi group Waymo aims to launch in London by fourth quarter of 2026
Reuters· 2026-01-28 20:11
Core Insights - Waymo, a U.S. robotaxi company, aims to launch its fully driverless ride-hailing service in London by Q4 2026 [1] Company Summary - Waymo is expanding its operations internationally with plans for a fully autonomous ride-hailing service [1]
Deutsche Bank, DWS eye stake in Fosun-controlled firm, Bloomberg News reports
Reuters· 2026-01-28 19:48
Deutsche Bank AG and its asset management arm DWS Group are weighing a move to inject fresh capital in exchange for a significant minority stake in Fosun International-controlled life insurance consol... ...
Monte dei Paschi removes potential stumbling block for CEO reappointment
Reuters· 2026-01-28 19:00
Monte dei Paschi di Siena (MPS) said on Wednesday it had approved rules allowing all of its directors to take part in the process of drawing up a list of candidates for a renewal of the bank's board. ...
FedEx plans MD-11 cargo plane return by May 31 following UPS accident
Reuters· 2026-01-28 18:33
Core Viewpoint - FedEx is collaborating with Boeing and U.S. aircraft safety regulators to return the MD-11 cargo planes to service by May 31 after grounding them following a fatal crash involving one of the jets [1] Group 1 - FedEx is working with Boeing and U.S. regulators to address safety concerns related to the MD-11 cargo planes [1] - The MD-11 cargo planes were grounded due to a deadly incident, highlighting the importance of safety in the aviation industry [1] - The target date for returning the grounded MD-11 aircraft to service is set for May 31 [1]
Petrobras renews oil deals with Indian refiners worth more than $3.1 bln
Reuters· 2026-01-28 18:26
Core Insights - Petrobras, Brazil's state-run oil firm, has expanded and renewed oil sales contracts with Indian state-owned oil refiners [1] Company Summary - Petrobras has taken steps to strengthen its relationship with Indian state-owned oil refiners through the expansion and renewal of oil sales contracts [1]
US lawmaker scrutinizes Ford plan to produce batteries with technology from CATL
Reuters· 2026-01-28 18:23
The Republican chair of a U.S. House committee is scrutinizing Ford's plan to repurpose its existing U.S. battery manufacturing facilities to produce lithium iron phosphate cells and grid-scale energy... ...
House Democrats warn oil companies of risks of Venezuela transactions
Reuters· 2026-01-28 17:49
A dozen House Democrats on Wednesday sent a letter to 21 companies who attended a Jan. 9 White House meeting about developing Venezuelan oil resources, warning them that any transaction or investment ... ...
Bank of America appoints Lo Piccolo as country head replacing Mattarella
Reuters· 2026-01-28 16:50
Bank of America has appointed Vito Lo Piccolo as country executive for Italy, an internal memo showed on Wednesday, replacing Nino Mattarella, who is retiring from the firm. ...