State Lawmakers Are Pushing Anti-Trans Legislation at Record Rates
A rundown of the bills targeting LGBTQ rights in states across the US
Bloomberg Business
Freeport CEO Sees More Copper Deals After Glencore’s Teck Bid
Glencore Plc’s proposed $23 billion takeover of Teck Resources Ltd. is part of a copper consolidation trend that will yield more deals as investors demand growth in an industry struggling to tap new deposits, according to the world’s top publicly traded producer.
US-China Split Could Hinder Foreign Investment and Lower Global GDP, IMF Warns
Geopolitical fragmentation, driven by tensions between the US and China, risks damaging the global economy, with foreign direct investment and other capital increasingly being channeled toward aligned blocs of countries, the International Monetary Fund warns.
Swedish Pension Fund Chief Tries to Placate Savers Angry Over $2 Billion Losses
The chief executive officer of Alecta, Sweden’s biggest pension fund, has reassured clients that the company is financially solid despite a failed investment strategy in the US that wiped out almost $2 billion in retirement savings.
Turkey Shuts Airspace to Planes Using Iraqi Airport Over Kurdish Militant ‘Infiltration’
Turkey closed its airspace to planes flying to and from Sulaymaniyah International Airport in Iraq’s Kurdish region, accusing separatist militants of using the site.
Schiphol Airport Capacity Cut Should Be Scrapped, Dutch Court Rules
A local court has shot down an effort by the Dutch government to limit the number of flights that can go in and out of Amsterdam’s airport between the end of this year and October 2024.
US Trade Deficit Widens for a Third Month to $70.5 Billion
The US trade deficit widened for a third-straight month in February as the value of exports fell more than imports.
Regulator Turf War Heats Up Ahead of Ethereum Shanghai Upgrade
Ethereum, the world’s most used blockchain, is days away from a pivotal upgrade that could lure billions of dollars into its native token. But the software update is already generating scrutiny from Wall Street regulators.
Billionaire Brazil Family Behind Votorantim Eyes US Real Estate After Pandemic
Votorantim SA, a conglomerate owned by one of Brazil’s wealthiest families, is looking for opportunities to invest in US real estate for the first time in 2023.
Amazon Looks to Grow Diamonds in Bid to Boost Computer Networks
Amazon.com Inc. is teaming up with a unit of De Beers Group to grow artificial diamonds, betting that custom-made gems could could help revolutionize computer networks.