Page 88 - Stk News Today

(Bloomberg) -- Italy may have to weigh potential divestments or other changes to satisfy European Union regulators if it extends a deadline to sell off Banca Monte dei Paschi di Siena S.p.A. beyond this year.

Brazilian President Jair Bolsonaro repeated on Monday that he is considering privatizing state-run oil company Petrobras and a Senate leader said studies were already underway regarding the dilution of the government's share in the firm, news that helped boost the company's shares over 7%.

(Bloomberg) -- Analyst estimates for Asia’s corporate profits have fallen to more than a decade low relative to global peers, and further downgrades are on the horizon as China’s economic growth slows and global supply constraints remain.

(Bloomberg) -- A Mexican dealmaker in China was one of the key architects behind former President Donald Trump’s deal with a special purpose acquisition company.  Shanghai-based ARC Group Ltd. was an adviser to Trump’s merger partner Digital World Acquisition Corp.

(Bloomberg) -- Kumba Iron Ore Ltd.’s struggle in getting supplies to ports is further highlighting the constraints South Africa faces in exporting key commodities including coal.

(Bloomberg) -- Brazilian assets tumbled on Thursday as prospects of a review in fiscal rules and signs of further spending ahead of next year’s election boosted concern over the nation’s fiscal trajectory.

(Bloomberg) -- Vietnam’s largest listed steelmaker plans to expand into manufacturing home appliances, anticipating opportunity as companies shift production into other countries as doing business in China becomes more expensive.

(Bloomberg) -- PayPal Holdings Inc. is exploring an acquisition of social media company Pinterest Inc., people with knowledge of the matter said.

(Bloomberg) -- Another disappointment to jolt the oil-services sector: Baker Hughes Co. reported a third-quarter earnings stumble that included pain from Hurricane Ida and a warning of hampered growth for oil demand.  The world’s No.

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