Tag: nod

Thailand’s $102 Billion Budget Gets Initial Nod From Lawmakers

(Bloomberg) — Thailand’s lower house of parliament voted in support of a $102 billion budget for next fiscal year that seeks to ramp up state spending to drive growth in Southeast Asia’s second largest economy. Most Read from Bloomberg The 3.75 trillion baht ($102 billion) budget for the fiscal year starting Oct. 1 was backed […]

Russia’s Richest Woman Gets Putin’s Nod to Build Payments System

(Bloomberg) — Tatyana Bakalchuk made billions selling everything from brooms to bridal gowns on her online marketplace. Now Russia’s richest woman is making a surprise pivot: to helping insulate the economy from sanctions by building an alternative to the global payment system major Russian banks were excluded from. Most Read from Bloomberg Bakalchuk’s Wildberries — […]

Lula Says Petrobras Should Be Profitable in Nod to Shareholders

(Bloomberg) — Brazilian President Luiz Inacio Lula da Silva said he wants Petrobras to be profitable in an apparent effort to ease investor concerns about the direction of the state-controlled oil producer. Most Read from Bloomberg “Nobody wants any shareholder to lose money,” Lula said Wednesday at a ceremony to swear in Chief Executive Officer […]

Thai Same-Sex Marriage Bill Clears Final Hurdle With Senate Nod

(Bloomberg) — Thailand’s same-sex marriage bill cleared its final hurdle with the Senate endorsing it in a special session Tuesday, putting the nation on course to be the first in Southeast Asia to guarantee marriage equality. Most Read from Bloomberg The 250-member upper house voted with 130 in support of the bill that was already […]

Air taxi maker Archer Aviation receives FAA nod to start commercial services

(Reuters) – Archer Aviation said on Wednesday the U.S. Federal Aviation Administration (FAA) has granted the company a certificate to begin commercial operations, making it the second electric air taxi maker to achieve the key milestone. Shares of the Santa Clara, California-based company rose 3% in morning trade on receipt of the nod, known as […]

ExxonMobil’s $60bn Pioneer acquisition gets nod from US regulator

The US Federal Trade Commission (FTC) has given conditional approval to ExxonMobil’s nearly $60bn acquisition of Pioneer Natural Resources. As per the terms of the approval, Pioneer’s co-founder and former CEO Scott Sheffield will be barred from joining Exxon’s board due to allegations of attempted collusion with the Organization of Petroleum Exporting Countries (OPEC). The […]