A surge in private-credit funds and record local bond sales are helping Brazil’s biggest lenders snag investment-banking market share from US competitors.Bank of America Corp.’s ranking for the business slipped to third this year from second in 2023, as the bank ceded ground to local heavyweights Itau Unibanco Holding SA and Banco BTG Pactual SA, according to Dealogic data through Oct. 31. JPMorgan Chase & Co., the biggest US bank, also lost market share. Source link
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While we’re thrilled that Ford has revived the Bronco, these classic, customized Broncos will always have a special place in our hearts. This particular 1969 custom-built Bronco has been transported into the modern era, making it one of the top ten we’ve seen without a doubt. This build comes from none other than RMD Garage (yes, that RMD Garage), and it even appeared in an episode titled “Urban Madness.” They’ve packed this Bronco with an array of sleek, modern upgrades, transforming it into a show-stopping custom SEMA build. The craftsmanship on this Bronco’s body is astonishing. The matte military green…
Following an eight hour row over the agenda, parties unanimously approved the standards under Article 6.4 of the Paris Agreement for creating carbon credits on the first day of COP29 in a major milestone for the summit. The UN-backed Article 6, aims to provide “trusted and transparent” carbon markets for countries, allowing them to trade credits to meet their climate targets. It also positions carbon markets as a vital investment channel for developing countries. According to the UN, the standards for Article 6.4 agreed in Baku ensure that the international carbon market operates with “integrity”, guaranteeing that emissions reductions and removals are…
Image source: Getty Images My Stocks and Shares ISA is a great tax-efficient way for me to invest. Incredibly, we’re halfway through November, which means that I start turning some of my focus to next year. Based on the potential events and uncertainty in the year ahead, here are some ways I’m trying to protect my portfolio before year end. Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does…
The social media company delivered revenue growth that matched industry leaders in the most recently completed quarter. Source link
(Bloomberg) — Elon Musk’s day-trading fan club is on a buying spree in some of the most speculative parts of the market, from the joke cryptocurrency Dogecoin to a controversial closed-end fund that counts SpaceX among its key holdings — all in hopes that Donald Trump’s election will release more animal spirits. Most Read from Bloomberg Destiny Tech100 Inc. (DXYZ) (ticker DXYZ), which holds shares of private-market unicorns like SpaceX and Sam Altman’s OpenAI, has already surged roughly 280% over the past week since Trump recaptured the presidency, data compiled by Bloomberg show. The rally triggered multiple volatility halts Monday,…
Tucked away in the Simeone Foundation Automotive Museum in Philadelphia, positioned next to a 1950 Allard J2, resides a rare gem in Corvette history. Acquired by Jim Jaeger in 1990, this car is the only original, unrestored 1963 Grand Sport in existence. Of the five built, it’s the only one to retain the original wear and marks from its brief racing stint in the mid-1960s. Even amidst the other original race cars on display, this vehicle’s story shines distinctly—not due to its race victories (though it was undeniably quick)—but for its significant role in the evolution of automotive restoration techniques.…
DevvStream Holdings Inc. has completed its business combination with Focus Impact Acquisition Corp. (FIAC), marking a significant milestone as the first carbon credit generation company to be publicly listed on a major U.S. stock exchange.The combined entity, now named DevvStream Corp., began trading on Nasdaq under the ticker symbol “DEVS” starting November 7.With this transition, FIAC’s Class A and Class B stocks have been converted to DevvStream Corp. common shares, and existing FIAC warrants have been adjusted accordingly.This listing reflects a growing emphasis on carbon markets, positioning DevvStream to lead in technology-driven carbon credit generation, the company said in a…
By Savyata Mishra (Reuters) -Home Depot forecast a smaller drop in annual same-store sales on Tuesday, benefiting from resilient demand from professional contractors, as well as a lift from hurricane-related spending. Shares of the top U.S. home improvement chain rose about 2% in premarket trading as it also posted better-than-expected quarterly results, signaling a rebound in demand amid expectations of a drop in mortgage rates. “As weather normalized, we saw better engagement across seasonal goods and certain outdoor projects as well as incremental sales related to hurricane demand,” CEO Ted Decker said in a statement. Parts of southeastern U.S., including…
The appeal of remarkable barn finds lies in their stories—vehicles forgotten in time, only to be rediscovered and celebrated as icons of automotive heritage. Ranging from classic sports cars to legendary race machines, these discoveries remind us of the hidden gems history has left behind. Here are the top 10 barn finds that have impressed car lovers worldwide. 1964 Shelby Cobra Daytona The Shelby Cobra Daytona is a symbol of American engineering and racing excellence. Only six units were built, yet each was capable of breaking speed records at Le Mans and becoming a legend. 1964 Shelby Cobra Daytona One…