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Grupo Financiero Banorte is seen as the top contender among potential bidders to buy Citigroup’s Mexican consumer-banking operations, according to analysts at Credit Suisse and Bank of America
Bloomberg:
Grupo Financiero Banorte is seen as the top contender among potential bidders to buy Citigroup’s Mexican consumer-banking operations, according to analysts at Credit Suisse and Bank of America


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Asian stocks looked set to fall Friday after U.S. shares surrendered gains and tumbled into the close of trading, pushing the technology-heavy Nasdaq 100 into a correction
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Bloomberg  |  2 hours ago

Nancy Pelosi says U.S. House ‘close’ on China competition, chips aid bill
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Bloomberg  |  2 hours ago

Activision Blizzard employees have had a range responses to news that their company will be purchased by Microsoft, but many are optimistic about any development that could change the company's course
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Bloomberg  |  2 hours ago

The largest unions in the U.S. and Canada are raising questions over the fairness of a vote that’s set to take place at GM’s truck plant in Mexico
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Bloomberg  |  2 hours ago

Mitch McConnell says he supports ongoing efforts to rework the Electoral Count Act that aim to prevent some of the tactics deployed by Republicans who challenged the 2020 election results
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Bloomberg  |  2 hours ago

The futures market is signaling that diesel used to fuel trucks and heat homes may start to get cheaper
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Bloomberg  |  2 hours ago

Fulton County's district attorney is seeking to convene a grand jury to hear evidence in the investigation of Trump’s efforts to overturn the 2020 election results in Georgia
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Bloomberg  |  2 hours ago

Angola’s economic growth is forecast to accelerate to 2.9% this year from an estimated 0.1% in 2021, the IMF said
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Bloomberg  |  2 hours ago

With prices at their highest in almost a decade, now is not the right time to be buying up rivals, writes @davidfickling
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Bloomberg  |  2 hours ago

One Covid shot to rule them all, one Covid shot to find them, one Covid shot to bring them all and in the darkness bind them
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Bloomberg  |  2 hours ago

#5things: Nasdaq correction puts pressure on Asia stocks. China vows to curb tech giants' political influence. Russia looks into banning crypto. Here's what you need to know at the start of Asia's trading day
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Bloomberg  |  2 hours ago

Peloton CEO and one-time billionaire John Foley’s net worth slid to about $350 million after a 24% drop in the company’s share price
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Bloomberg  |  2 hours ago

Investors can’t get enough of CLOs, and a report that came out this week gives an inkling as to one reason why: the securities almost never default
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Bloomberg  |  3 hours ago

Shares of chipmakers fell on Thursday, with the group participating in a widespread late selloff for tech stocks that pushed the Nasdaq 100 into correction territory
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Bloomberg  |  3 hours ago

Federal prosecutors in New York charged four Belarus government officials with airline piracy over the diversion of a Ryanair flight last year that resulted in the arrest of a dissident
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Bloomberg  |  3 hours ago

Peloton's temporary halt of production of bikes and treadmills highlights that consumer spending is shifting from pandemic-inspired goods back to services
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Bloomberg  |  3 hours ago

The technology-focused Nasdaq 100 fell into a correction on Thursday, a swift 10% reversal after touching an all-time high in November
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Bloomberg  |  4 hours ago

A year’s worth of Nasdaq turmoil just got condensed into three weeks
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Bloomberg  |  4 hours ago

JPMorgan Chase raised CEO Jamie Dimon’s total compensation 10% to $34.5 million for his work in 2021, the firm’s most profitable year on record
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Bloomberg  |  4 hours ago

Entrepreneur Scott Painter, best known for founding auto-pricing company TrueCar, has launched a Tesla subscription service giving customers a Model 3 sedan for a flat monthly fee
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Bloomberg  |  4 hours ago

Netflix shares fell in extended trading after reporting that it expects to add just 2.5 million subscribers this quarter, falling short of Wall Street’s estimates
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Bloomberg  |  5 hours ago

The U.S. Supreme Court dealt a fresh rebuff to Texas abortion providers by refusing for a second time to return their suit challenging the state’s ban to the trial judge who once blocked the law
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Bloomberg  |  5 hours ago

A Native American tribe has agreed to lease more of its water to help address dwindling supplies in the Colorado River Basin (via AP)
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Bloomberg  |  5 hours ago

U.S. power grids need to boost their cyber defenses to find hackers faster to keep them from gaining control over operations, according to the country’s top energy regulator
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Bloomberg  |  5 hours ago

Brooklyn Nets guard Kyrie Irving was fined $25,000 by the NBA on Thursday for cursing at a fan in Cleveland (via AP)
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Bloomberg  |  5 hours ago

White House National Climate Advisor Gina McCarthy expressed confidence on Thursday that tax credits for electric cars would survive in a reworked Build Back Better climate and social spending bill
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Bloomberg  |  5 hours ago

U.S. governors are drawing up ambitious plans for their cash windfalls, releasing budgets that include pay raises for teachers, infrastructure fixes and expanded preschool
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Bloomberg  |  5 hours ago

Progressives are divided over Biden’s willingness to break off $550 billion in climate spending from his Build Back Better plan as separate legislation, despite the popularity of the provisions
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Bloomberg  |  5 hours ago

The Port of Los Angeles moved record cargo volumes last year amid an import surge at the U.S.’s biggest container gateway and supply-chain snarls
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Bloomberg  |  5 hours ago

Google asked the EU’s top court to strike down a 2.4 billion-euro ($2.7 billion) antitrust fine that bolstered regulators’ crackdown on big tech
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Bloomberg  |  5 hours ago

The North American steel market is in for some rough months ahead
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Bloomberg  |  6 hours ago

Two years into the pandemic, new data show that many Americans were couch potatoes long before Covid-19
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Bloomberg  |  6 hours ago

Poland faces a 45-day ultimatum to pay $78.3 million in fines that it’s racked up since the EU’s top court hit it with a record penalty for its failure to comply with the bloc’s rules
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Bloomberg  |  6 hours ago

Wells Fargo got another regulatory order lifted, the latest sign of progress for CEO Charlie Scharf’s quest to turn around the scandal-plagued bank
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Bloomberg  |  6 hours ago


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