A federal judge in New York ordered Argentina on Monday to sell its majority stake in oil firm YPF, the latest blow to Buenos Aires in a decade-long international legal saga. To partially satisfy the outstanding sum, Preska on Monday ordered Argentina to transfer its 51 percent stake of YPF to an intermediary, with instructions that the shares then be handed over to the plaintiffs.
Most Asian equities rose with the yen on Monday after US Federal Reserve boss Jerome Powell said "the time has come" to start cutting interest rates, lining up the central bank for a move as soon as next month.
The Nigerian currency, the naira appreciated against the British pound and the euro for most of July, rising from 2,094.83 per pound to N2,82.09.
President Joe Biden's skeptical approach to corporate mergers has been a hallmark of his administration's business policy -- a stance generally expected to ease if Donald Trump returns to the White House.
The decision to transfer the crew of Boeing's Starliner to a SpaceX mission after the spacecraft malfunctioned is just the latest twist in a long saga that has undermined the credibility of the US aerospace giant. As a result, the space agency took a radical decision: to transfer the two astronauts to a SpaceX mission, and return Starliner empty.
Two US astronauts who arrived at the International Space Station aboard Boeing's Starliner will have to return home with rival SpaceX, NASA said Saturday, in a fresh public relations blow to the crisis-hit aviation giant.
SpaceX is coming to Boeing's rescue. Because of problems with Boeing's Starliner spacecraft, two astronauts who rode on it to the International Space Station in June will finally return to Earth on a vessel built by Elon Musk's SpaceX. NASA's announcement Saturday of that plan represents a blow -- even a humiliation -- for Boeing, a historic partner of the American space agency.
Kamala Harris's price gouging policy has been criticized by economists and analysts, who say it is an uncompetitive proposal that could end up hurting, and not helping, US consumers. "Kamala will implement SOVIET Style Price Controls," he wrote in a social media post a day after the proposals were published.
Chilean truck driver Claudio Perez was dubious about his first purchase of a Chinese-made family car two years ago. Perez, 47, is one of millions of car buyers in Latin America to have made the shift from US- and Brazilian-built cars to Chinese models in recent years.
The United States unveiled sweeping sanctions Friday against almost 400 individuals and companies tied to Russia's war in Ukraine, expanding existing measures to curb Moscow over the invasion of its neighbor.
Economy
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