Prologis beats core FFO estimates on improving warehouse demand
(Reuters) – Real estate investment trust (REIT) Prologis (NYSE:PLD) beat Wall Street expectations for fourth-quarter core funds from operations (FFO), helped by improving demand for its warehousing spaces and sale of a data center. Shares of the warehouse-focused REIT
Economists ramp up projections for Brazil’s interest rates to above 15%
By Marcela Ayres BRASILIA (Reuters) – Economists have launched a fresh wave of upward revisions to projections for Brazil’s interest rate this year, citing deteriorating inflation expectations, a weaker currency and lingering concerns over the fiscal outlook of Latin America’s largest
Bessent nomination to US Treasury clears Senate Finance Committee
(Reuters) – The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump’s Treasury secretary on to the full Senate for approval. The committee voted 16-11 to send the
China’s Vice Premier lunches with Dimon, Schwarzman and other Davos financiers
By Julie Zhu and Elisa Martinuzzi DAVOS, Switzerland (Reuters) – Chinese Vice Premier Ding Xuexiang met with global finance and business leaders including Blackstone (NYSE:BX) CEO Steve Schwarzman, Bridgewater Associates founder Ray Dalio and JPMorgan CEO Jamie Dimon during a private
Germany’s Scholz responds to Musk, saying freedom of speech must not back extreme-right
DAVOS, Switzerland (Reuters) – German Chancellor Olaf Scholz said on Tuesday he does not support freedom of speech when it is used for extreme-right views, a day after a hand gesture by U.S. billionaire Elon Musk caused uproar during Donald