JPMorgan executes first blockchain-based collateral settlement for BlackRock
In a pioneering move, JPMorgan Chase & Co (NYSE:JPM) has utilized its blockchain technology to execute a collateral settlement for…
Hedge funds expected to ramp up returns on higher rates – BNP survey
(Reuters) – Investors expect hedge funds to produce higher returns with the prospect of interest rates staying higher for longer,…
Arvind and Company Shipping Agencies set to launch IPO under Arcadia group
Arvind and Company Shipping Agencies, a commercial barge service provider under the Arcadia group, is set to launch its initial…
Exxon to buy U.S. rival Pioneer Natural in $59.5 billion deal
Exxon Mobil (XOM.N) will buy U.S. rival Pioneer Natural Resources (PXD.N) in an all-stock deal valued at $59.5 billion that…
US solar company Suniva to restart idled factory thanks to Biden climate law
(Reuters) – Suniva, the U.S. solar manufacturer that successfully fought for tariffs on cheap panels made overseas, will restart its…
Ford, Hyundai turn to Italian casting machine maker IDRA
(Reuters) – Idra, an Italian aluminium casting machine maker and Tesla (NASDAQ:TSLA) supplier, has added Ford (NYSE:F), Hyundai (OTC:HYMTF) and…
Shares of dialysis providers drop after Ozempic’s early kidney trial success
(Reuters) – Shares of dialysis services providers such as DaVita (NYSE:DVA) and German rival Fresenius Medical Care (NYSE:FMS) declined on…
Samsung SDI, Stellantis choose Indiana for second joint EV battery plant
(Reuters) – South Korea’s Samsung (KS:005930) SDI Co Ltd said on Wednesday that it has chosen the U.S. state of…
Oil falls, investors mull possible conflict escalation
(Reuters) – Oil prices edged lower on Wednesday, as fears of disruption to supplies due to conflict in the Middle…
UK regulator examining Vodafone-Hutchison’s $19 billion mobile merger
(Reuters) – Britain’s antitrust watchdog is examining whether a $19 billion tie-up between Vodafone (NASDAQ:VOD)’s UK operation and CK Hutchison’s…