EXCLUSIVE Cuba and wealthy creditors hope to save landmark accord
Cuba’s top debt negotiator is in France for a critical meeting on Thursday aimed at renegotiating a deal with 14 wealthy nations grouped together within the Paris Club, according to diplomats from four of the countries involved.
Oil prices retreat but outlook remains positive
Oil prices extended losses on Tuesday on profit taking and a stronger U.S. dollar, but overall optimism about strong demand recovery kept a floor under prices.
Big Biogen boost on Alzheimer’s news could win back biotech investors
The approval by U.S. regulators on Monday of a Biogen Inc (BIIB.O) drug to treat Alzheimer’s disease could reinvigorate investor interest more broadly in biotech and pharmaceutical shares that have struggled in 2021.
Wall Street body proposes new rules on short positions, stock loans
The Financial Industry Regulatory Authority (FINRA), Wall Street’s self-regulatory body, has proposed changes to its short-interest reporting requirements in a bid to make information more useful.
Fresh GM union vote in Mexico headed for delay – sources
A key workers’ vote at a General Motors Co (GM.N) plant in Mexico that has drawn scrutiny from the Biden administration over alleged rights violations is slated to be delayed past a deadline set by Mexican authorities.
Blinken signals possible resumption of U.S.-Taiwan trade, investment talks
U.S. Secretary of State Antony Blinken on Monday signaled a possible resumption of trade and investment talks with Taiwan stalled since the Obama administration, but gave no indication of any willingness to pursue a full-scale trade pact Taipei has been seeking.
U.S. consumers sour on housing market’s buying conditions
A record-low percentage of U.S. consumers believe now is a good time to buy a home, with worries about surging prices and a small supply of houses on the market outweighing improved sentiment about their jobs and income, a survey from home financing giant Fannie Mae showed on Monday.
Wall St dips as investors weigh G7 tax deal risk
The S&P 500 eased on Monday, although it remained 0.5% away from its all-time high, as a deal by the world’s richest nations on a global minimum corporate tax overshadowed bets on a full economic reopening.
MOVES Ex BofA exec Elfring joins JPMorgan as EMEA vice chair -memo
JPMorgan Chase & Co (JPM.N) has tapped a former Bank of America Corp (BAC.N) executive to take on a new role as vice chairman of investment banking for Europe, the Middle East and Africa as it battles for key advisory mandates to dominate a resurgent M&A market.
Amazon’s billionaire founder Jeff Bezos to fly to space next month
Amazon’s billionaire founder Jeff Bezos said on Monday he and his brother Mark will fly on the first crewed space flight from his rocket company Blue Origin next month.
