* Shares climb more than 9% * Argentina weakness in year-ago period aided comparison * Sales in Argentina grew 126% on currency-neutral basis (Adds share price move in paragraph 3 and analyst comments in paragraph 12) SAO PAULO, May 7 (Reuters) - Latin American e-commerce giant MercadoLibre ( MELI ) posted on Wednesday a 44% first-quarter net profit increase from...

(Reuters) -Moody's ratings agency warned on Wednesday of the rising risk that retail investors, who put their money into private credit assets, pose to the U.S. economy. Since the pandemic, the share of U.S. and global credit markets has gradually shifted from banks in the public markets to private credit firms, growing to hold over $2 trillion in assets under...

(Reuters) -The U.S. Treasury and Commerce departments have formulated plans for a sovereign wealth fund but no final decisions have been made, a White House spokesperson said on Wednesday. The Administration remains committed to using every tool available to deliver on President Trump's directive to safeguard America's national and economic security, the spokesperson said in a statement. Sovereign wealth funds...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...