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RIO DE JANEIRO, Brazil — Rio Mayor Eduardo Cavaliere announced a 225 million real ($45 million) investment package through 2028 that includes public policies, grant programs and initiatives aimed at strengthening the local cultural sector and film and TV industries. Cavaliere made the announcement during Rio2C, the largest creativity gathering in Latin America, in the […]
NEW YORK, May 28, 2026–(BUSINESS WIRE)–KBRA assigns preliminary ratings to notes issued Fora Financial Asset Securitization 2026 LLC (the “Issuer”). The Issuer will issue five classes of Notes (collectively, the “Notes” or “Series 2026-1 Notes”) totaling $130 million. The FFAS 2026-1 transaction is the fourth securitization for the Company. Fora Financial LLC founded in 2008, […]
The Fidelity MSCI Consumer Discretionary Index ETF (FDIS 0.62%) offers broader diversification across hundreds of holdings, while the State Street Consumer Discretionary Select Sector SPDR ETF (XLY 0.71%) provides concentrated exposure to large-cap leaders. These funds target the consumer cyclical sector, capturing companies that rely on discretionary spending and economic strength. While the Fidelity fund […]
By Tamiyuki Kihara and Leika Kihara TOKYO, May 28 (Reuters) – Japan’s ruling party will propose issuing “bridging bonds” to fund flagship programmes aimed at boosting growth and economic security, a draft of its proposal showed on Thursday, an idea that underscores politicians’ sensitivity to rising bond yields. The government would consider including the idea […]
In May 2026, Meta Platforms began laying off about 8,000 employees, roughly 10% of its workforce, while sharply increasing AI-related capital spending and reorganizing teams to prioritize artificial intelligence across its business. This combination of workforce cuts, large-scale AI infrastructure investment, and new AI monetization efforts such as paid Meta AI subscriptions highlights a decisive […]
Financing deployed by the Asian Development Bank’s (ADB) trade and supply chain division has surged 50% in value year-on-year in the wake of the Middle East conflict, its director has said. The dramatic drop in vessel traffic through the Strait of Hormuz and a series of attacks on energy-related infrastructure in the region have had […]
This article was written by Follow I am an individual investor and analyst. Over the last 10 years, I have managed my own portfolio, focusing on thematic ETF cyclicality and value-oriented investments. I try to remain relatively agnostic to the investment opportunities I write about here, allowing myself to research anything that captures my interest. […]
SpaceX has captured the imagination of millions by becoming the first privately funded company to send a spacecraft to the International Space Station (ISS) and by pursuing ambitious plans to colonize Mars. Officially registered as Space Exploration Technologies Corp., SpaceX was valued at $1.25 trillion in February following a merger with xAI, Elon Musk’s artificial […]
The customs department conducted a special drive at the Chhatrapati Shivaji Maharaj International Airport (CSMIA) from September 12 to 15, an official said Mumbai Customs said that it arrested four persons in connection with separate cases. Representational Pic/File Your browser doesn’t support HTML5 audio Mumbai Customs on Monday said that it arrested four […]
