All eyes are on Manchester as Ocean County’s next big development rush begins
MANCHESTER, N.J. — Manchester Township is rapidly becoming the center of attention in Ocean County’s latest real estate boom, as developers and investors target the town’s abundant open space and affordable land…
Walmart’s Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing-sources
By Aditya Kalra, Aftab Ahmed and Anirban Sen NEW DELHI – Walmart’s Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now…
Digital bank Alpian eyes Swiss launch in Q3
ZURICH – Armed with a banking licence from the Swiss Financial Market Supervisory Authority, digital wealth manager Alpian plans to launch in Switzerland in the third quarter of 2022, the fintech group…
U.S. Senate eyes Thursday vote on top court nominee Jackson -Schumer
WASHINGTON – The U.S. Senate should wrap up debate over U.S. Supreme Court nominee Ketanji Brown Jackson by Thursday, clearing the way for a final vote on her confirmation, Senate Majority Leader…
Egypt gets Gulf help again as eyes turn to currency flexibility
By Patrick Werr CAIRO – Gulf Arab states are channelling up to $22 billion to Egypt to help it overcome a currency crisis, the third such rescue in a decade, as analysts…
Poland’s Allegro eyes more deals after buying Mall, WE|DO assets
WARSAW – Polish e-commerce platform Allegro is interested in more mergers and acquisitions in the region, its Chief Executive Francois Nuyts told journalists, as the group completed its takeover of Mall Group…
Mexican president eyes food price controls if inflation stays high
MEXICO CITY – Mexican President Andres Manuel Lopez Obrador said on Thursday his government will seek to control food prices if inflation cannot be brought down. “We’ve been able to control inflation,…
BHP eyes $10 billion Chilean investments, but only with ‘legal certainty’
(Reuters) – BHP Group Ltd said on Tuesday it will invest more than $10 billion in Chile to fuel growth in the world’s largest copper producing nation for the next 50 years,…
Bed Bath settles with Ryan Cohen, adds 3 directors, eyes changes for buybuy Baby
By Svea Herbst-Bayliss BOSTON – Bed Bath & Beyond and billionaire investor Ryan Cohen said on Friday that the two sides had reached a settlement where three new directors will join the…
A month into war, communicator-in-chief Zelenskiy strives to keep eyes on Ukraine
By Matthias Williams, Margaryta Chornokondratenko and Stephen Farrell LONDON/LVIV, Ukraine – The props were simple, the message was clear. In a video address to the nation this week, Ukrainian President Volodymyr Zelenskiy…
Top U.S. port sets import record, eyes China COVID risk
By Lisa Baertlein LOS ANGELES – The busiest U.S. seaport expects its robust flow of imports to continue in the near term, but is closely monitoring COVID-19 shutdowns in major cities in…
Russian rouble rises in low volumes, market eyes coupon payments
-The Russian rouble rose against the dollar in Moscow and offshore trading on Wednesday, although volumes remained thin and other Russian assets continued to be un-tradable. Bombs rained down on Ukrainian cities…
Exclusive-State TV protester tells Russians: open your eyes to Ukraine war propaganda
LONDON -A Russian woman who burst into a state TV studio to denounce the Ukraine war during a live news bulletin told Reuters on Wednesday she was worried for her safety and…
Exclusive-US Foods, pressured by hedge fund, eyes board shakeup -sources
By Svea Herbst-Bayliss – US Foods Holding Corp is interviewing potential candidates for its board as the food distributor tries to fend off a challenge from activist investor Sachem Head Capital Management,…
Arms industry eyes boost as Europe looks to bolster defences
By Alexander Cornwell RIYADH – Russia’s invasion of Ukraine has catapulted defence spending up the political agenda in Europe and could herald a new era of purchases led by Germany, according to…
Mexico’s Femsa eyes thousands more Oxxo stores across Latin America
By Valentine Hilaire and Kylie Madry MEXICO CITY – Mexican bottler and retailer Femsa plans to increase the number of its Oxxo convenience stores by as much as 50% across Latin America…
IKEA opens first high street mall and IKEA store in UK, eyes London spending spree
By Anna Ringstrom STOCKHOLM – IKEA said on Thursday it would invest £1 billion ($1.4 bln) in London over three years, as it opened the doors to its first high street IKEA…
Exclusive-Ukraine central bank eyes new IMF talks in April to soothe markets over Russia
By Natalia Zinets KYIV – Ukraine wants to launch talks with the International Monetary Fund on a new programme in April to reassure markets that have been rattled by tensions with Russia,…
U.S. FTC eyes rule to claw back money from companies that lie about gig worker earnings
WASHINGTON – The U.S. Federal Trade Commission, which enforces consumer protection rules, voted on Thursday to embark on regulations that would allow it to win back money from companies that are deceptive…
Paris, London, Tokyo and now Atlanta: Kering eyes U.S. expansion
PARIS – French luxury group and Gucci owner Kering is eyeing second- and third-tier cities for possible store expansion in the United States, where its sales are booming, Chairman and CEO Francois-Henri…
Moderna eyes COVID booster by August, not clear yet if Omicron-specific needed
(This Feb. 16 story has been corrected to show price to be very similar to high-dose flu vaccine, not COVID vaccine, in paragraph 8) By Francesco Guarascio BRUSSELS – An Omicron-specific booster…
IMF sees inflation as ‘significant risk,’ but eyes gradual moderation in rising prices
By Andrea Shalal WASHINGTON – Headline inflation has moved above central bank targets in most Group of 20 economies despite weaker growth momentum and remains a “significant risk,” but rising prices should…
Wall Street eyes Walmart results for signs of tighter margins, slower growth
By Arriana McLymore and Siddharth Cavale NEW YORK, NY – When Walmart on Thursday reports how it fared during the holiday quarter, investors also will want to see how higher labor, transportation…
De Blasio Reportedly Eyes Congressional Run In Redrawn NYC District
Former New York City Mayor Bill de Blasio is reportedly eyeing a congressional run in the state’s new 11th district just a month after leaving public office. The move, first reported by…
Japan eyes tighter curbs to counter cyberattacks
TOKYO – Japan will consider imposing tighter curbs on companies in security-sensitive sectors that procure overseas software as part of efforts to ramp up steps to counter cyberattacks, according to a proposal…
Some cars’ systems designed to keep drivers’ eyes on the road fail – AAA study
By Tina Bellon – Some vehicles equipped with automated assistance technology aimed at keeping drivers alert and watching the road fail at that job, an American Automobile Association study found on Tuesday.…
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