Brazil’s farmers dump sugar for soy as trade war boosts Chinese demand
Last year, Brazilian farmer Gustavo Lopes sized up his sugarcane plantation against his soybean fields.
Asia tries to find its footing, China disappoints
Asian share markets fought to regain their footing on Tuesday as tremors from the collapse of the Turkish lira ebbed, though sentiment took a fresh knock when Chinese economic data proved softer than expected.
Musk says Silver Lake, Goldman advising on taking Tesla private
Tesla Inc Chief Executive Elon Musk tweeted on Monday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs Group Inc as financial advisers on his plan to take the U.S. electric car maker private.
Musk says working with Silver Lake, Goldman on proposal to take Tesla private
Tesla Inc Chief Executive Officer Elon Musk said on Monday he was working with Silver Lake Partners and Goldman Sachs Group Inc for financial advice on his proposal to take the electric car company private.
Venezuela gasoline prices should rise to international levels: Maduro
Venezuela’s heavily subsidized domestic gasoline prices should rise to international levels to avoid billions of dollars in annual losses due to fuel smuggling, President Nicolas Maduro said in a televised address on Monday.
Asia tries to find its footing after Turkish tremors
Asia share markets tried to regain their footing on Tuesday as tremors from the collapse of the Turkish lira ebbed a little and Wall Street proved resilient to the shockwaves.
Icahn reverses position on Cigna-Express Scripts deal
Activist investor Carl Icahn said on Monday that he no longer intended to solicit proxies to vote against the $52 billion Cigna-Express Scripts deal, a turn around from his position last week when he urged the health insurer’s shareholders to vote agai…
Credit Suisse divides international wealth unit into more regions: Bloomberg
Credit Suisse Group AG is splitting its international wealth-management unit into seven regions from four, in an ongoing push by Chief Executive Officer Tidjane Thiam to regionalize the bank, Bloomberg reported on Monday, citing people briefed on the …
Keeping Tesla shares may not be an option for some big funds
Elon Musk wants to take Tesla Inc private, but some of his big investors may not be able to follow.
Major Tesla owner Fidelity trimmed stake last quarter: SEC filing
Major Tesla Inc shareholder, Fidelity Investments, cut its stake in the electric automaker by 21 percent during the second quarter, before Chief Executive Elon Musk announced his plan to take the company private earlier this month.
