 | | | | Australian asset manager Macquarie Group on Thursday named former Reserve Bank of Australia governor Glenn Stevens as chairman of the group and that of its unit, Macquarie Bank (MBL.UL). | | | | | | Wall Street's major averages fell more than 1% on Wednesday after a morning rally faded as investor angst about the latest coronavirus variant soared with the first U.S. case confirmation while the market also digested Fed comments on inflation. | | | | | | Copper mining giant Freeport-McMoRan Inc is converting its fleet of diesel trucks and other machinery to electric or hydrogen power, a transition required to fight climate change even though the costs are not yet known, Chief Executive Richard Adkerson said in an interview at the Reuters Next conference. | | | | | | Walt Disney Co said on Wednesday it had named board member Susan Arnold as its chairman. | | | | | | Jack Dorsey-led payments company Square Inc said on Wednesday it was changing its name to Block Inc. | | | | | | French luxury goods company Hermes won promotion on Wednesday to the blue-chip Euro STOXX 50 equity index , which could increase investment funds' demand for the stock, which has hit all-time highs. | | | | | | Engine maker Pratt & Whitney is set to announce an improved version of its geared turbofan engine used by Airbus' strong-selling A320neo jet family, sources familiar with the matter said on Wednesday. | | | | | | ViacomCBS Inc Chair Shari Redstone, who in the past has hinted at more deals to bulk up the media empire, said on Wednesday the company will focus on organic growth and seek global expansion opportunities. | | | | | | Former President Donald Trump's new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at several times the valuation it commanded in a deal with a blank-check acquisition firm in October, two people familiar with the matter said. | | | | | | President Joe Biden's pick for a seat on the Federal Communications Commission told a U.S. Senate Committee on Wednesday she does not back government regulation of broadband rates. | | | | | |
