Japan's SoftBank Group Corp is considering launching a third Vision Fund, likely using its own cash, and will make a decision in the coming months, the Wall Street Journal newspaper reported on Wednesday citing unnamed sources.
Air France on Wednesday announced it would raise salaries for all staff categories by a total of 5% in anticipation of wage talks due next year, and make a 1,000 euro bonus payment to its workforce.
Seven companies have bid for new casino licenses in the world's biggest gaming hub, with new contracts set to start at the beginning of 2023, Macau's government said on Wednesday.
The European Union's executive outlined plans on Wednesday for raising more than 140 billion euros ($140 billion) to cope with an energy crisis that has increased the prospect of winter fuel rationing, corporate insolvencies and economic recession.
French carmaker Renault will start negotiations with unions on Sept. 22 to discuss emergency measures aimed at improving the purchasing power of its workers, according to labour unions.
Public relations firms declined to attend a Wednesday hearing set by U.S. Democrats about whether they helped the fossil fuel industry spread disinformation about climate change, according to the House of Representatives panel holding the event.
The average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008 and is now more than double the level it was one year ago, Mortgage Bankers Association (MBA) data showed on Wednesday.
Wall Street futures rose on Wednesday as technology stocks rebounded from sharp declines in the previous session on rate hike jitters, while investors waited for another set of inflation data for cues on path of monetary policy tightening.
President Joe Biden on Wednesday will announce the approval of the first $900 million in U.S. funding to build EV charging stations in 35 states as part of a $1 trillion infrastructure law approved in November, the White House said.
The U.S. Securities and Exchange Commission (SEC) is scheduled on Wednesday to propose draft rules to boost the resilience of the $24 trillion Treasury market, the world's largest bond market, which serves as a benchmark for dollar assets globally.
