Russia makes last-gasp dollar bond payments in bid to avoid default
(Reuters) – Russia made what appeared to be a late u-turn to avoid a default on Friday, as it made a number of already-overdue international debt payments in dollars despite…
(Reuters) – Russia made what appeared to be a late u-turn to avoid a default on Friday, as it made a number of already-overdue international debt payments in dollars despite…
By Samuel Shen and Alun John SHANGHAI/HONG KONG – This month’s dive in China’s currency has revived memories of past routs but market participants say increased foreign holdings of yuan…
(Reuters) -Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a spokesperson for Apollo confirmed…
(Reuters) – Canopy Growth Corp said it would lay off about 250 employees as part of a cost-cutting plan as the Canadian pot producer tries to achieve long-elusive profitability. Most…
By Ross Kerber (Reuters) – A Florida official praised Elon Musk’s offer to buy Twitter Inc and said pension officials will tell the company its efforts to fend off the…
BOSTON – Proxy advisory firms Glass Lewis and Institutional Shareholders Services urged investors in healthcare real estate trust Ventas Inc to back management’s director candidates and reject activist investment firm…
(Reuters) – A federal judge on Wednesday rejected an effort by Tesla Inc shareholders to obtain a “gag order” preventing Elon Musk from publicly discussing their lawsuit accusing him of…
Elon Musk May Have New Competition In His Bid To Buy Twitter Harry Wilmerding on April 19, 2022 Private equity giant Apollo Global Management is discussing plans to enter the…
By Peter Hall MANCHESTER, England – A consortium led by Chicago Cubs owners the Ricketts family has pulled out of the running to buy Premier League club Chelsea, the family…
By Greg Roumeliotis and Dawn Chmielewski (Reuters) -A consortium led by U.S. radio station industry veteran Jeff Warshaw has offered to acquire Cumulus Media Inc for close to $1.2 billion,…
By Jan Wolfe WASHINGTON -A U.S. judge on Wednesday declined to throw out a criminal case against Michael Sussmann, a Democratic Party-linked lawyer accused of lying to the FBI, setting…
Biden Scraps Green Fuel Rules In Bid To Slow Skyrocketing Gas Prices Thomas Catenacci on April 12, 2022 President Joe Biden is expected to announce a temporary pause on an…
A former contract manager for the California Department of Transportation (Caltrans) pleaded guilty today for his role in a bid-rigging and bribery scheme involving Caltrans improvement and repair contracts. According…
By Rajesh Kumar Singh CHICAGO – Robin Hayes, the ebullient chief executive of JetBlue Airways Corp, was on an Amtrak train on Tuesday coming back from Boston when news broke…
By Riya Sharma and Sameer Manekar (Reuters) – Australian fertility services provider Virtus Health said on Wednesday it will consider a revised buyout offer from minority owner BGH Capital, weeks…
By Elvira Pollina MILAN – Telecom Italia (TIM) has signed a non-disclosure agreement with Italian state lender CDP to start formal talks on potentially combining the phone group’s network with…
JACKSON, NJ – To the students at Jackson Liberty High School, Jackson Township Police Officer John Pejoski was more than just the cop who patrolled the hallways of the building.…
By David Shepardson WASHINGTON -The U.S. Senate on Monday again approved a bill to provide $52 billion in U.S. subsidies for semiconductor chips manufacturing in a bid to reach a…
BRUSSELS – The United States, the European Union and largely western allies have blocked Belarus’ bid to join the World Trade Organization, saying its complicity in Russia’s invasion of Ukraine…
– Prologis Inc, the world’s biggest warehouse owner, has launched a bid to buy Blackstone Inc’s portfolio of logistics properties in what would be the largest ever private real estate…
– Lyft Inc’s Lyft Direct cardholders will receive an increase in cashback rewards of 4% to 5% on purchase of gasoline until June 30, the ride-hailing firm said on Monday,…
MILAN – Telecom Italia (TIM) this week began a dialogue with U.S. private equity fund KKR over a takeover approach which has been put on hold since last November, sources…
By Lawrence Hurley WASHINGTON -The U.S. Supreme Court on Monday declined to hear Alphabet Inc’s attempt to nix a lawsuit by shareholders accusing the Google parent company of fraudulently concealing…
By Pamela Barbaglia LONDON – UniCredit has paused efforts to buy Banco BPM after losing more than a fifth of its value since Russia invaded Ukraine, two sources close to…
By Phil Stewart and Idrees Ali WASHINGTON -The U.S. military said on Wednesday it will postpone a scheduled test launch of a Minuteman III intercontinental ballistic missile, in a bid…