1. Japan touts G20 reaffirmation of forex commitments as key achievement
REUTERS @2024-07-26 18:42:49-04:00
Japan sees the reaffirmation in the latest G20 joint statement of existing commitments against excessive foreign exchange volatility as one of the major achievements, Finance Minister Shunichi Suzuki said on Friday.
2. LVMH's luxury wares earn top billing at Olympics opening
REUTERS @2024-07-26 16:58:39-04:00
Bernard Arnault, France's wealthiest man and chief executive of luxury group LVMH , paid some 150 million euros ($163 million) to be the premium sponsor of the Paris Olympics'. At the Games' opening ceremony, his wares were placed front and centre of an extravaganza viewed by a global audience.
3. Starbucks' ex-CEO Schultz opposes potential settlement with Elliott, FT reports
REUTERS @2024-07-26 16:57:42-04:00
Former Starbucks chief executive, Howard Schultz, is opposing a potential settlement between the coffee chain and activist investor Elliott Investment Management, the Financial Times reported on Friday.
4. Nasdaq says top shareholder Thoma Bravo to sell shares worth $2.8 bln
REUTERS @2024-07-26 16:50:29-04:00
Nasdaq said on Friday that private equity firm Thoma Bravo will sell 41.6 million shares in the transatlantic exchange operator through a secondary public offering.
5. Ackman's Pershing Square USA postpones IPO, NYSE website shows
REUTERS @2024-07-26 16:36:47-04:00
Pershing Square USA, a fund managed by billionaire Bill Ackman, has postponed its initial public offering, according to a notice on the New York Stock Exchange's website on Friday.
6. Michigan state pension fund makes $6.6 million bitcoin ETF investment
REUTERS @2024-07-26 16:24:44-04:00
The State of Michigan Retirement System, which oversees some $143.9 million in pension fund assets for state employees, has invested $6.6 million in the ARK 21Shares Bitcoin ETF , it disclosed in a regulatory filing on Friday.
7. Two billionaire Harris donors hope she will fire FTC Chair Lina Khan
REUTERS @2024-07-26 15:40:42-04:00
Billionaire Democratic donors Barry Diller and Reid Hoffman said in interviews this week they hope Kamala Harris will replace Federal Trade Commission Chair Lina Khan if she becomes U.S. president, openly rejecting a pillar of President Joe Biden's antitrust policy.
8. Bankrupt Steward Health to close two Massachusetts hospitals
REUTERS @2024-07-26 15:15:05-04:00
Bankrupt hospital owner Steward Health Care will close two locations in Massachusetts after failing to find a buyer for them, the company said Friday.
9. Struggle for skilled workers in spotlight at Farnborough Airshow
REUTERS @2024-07-26 15:09:44-04:00
Germany's Lilium Jet has a queue of young engineers and students waiting to board thanks to the interest of a five-year-old boy.
10. Yellen says G7 can reach deal on $50 bln Ukraine loan by October
REUTERS @2024-07-26 14:26:18-04:00
U.S. Treasury Secretary Janet Yellen told Reuters on Friday that "things look good" for Group of Seven wealthy democracies to agree the terms of a $50 billion loan to Ukraine backed by Russian assets by October.
