By Indradip Ghosh BENGALURU (Reuters) – The dollar will rebound against most currencies over the coming months, with the growing threat of recession in the U.S. and elsewhere keeping it firm in[...]
Read more
December 7, 2022
Activist investor Bluebell targets BlackRock, seeks ouster of CEO Fink
By Svea Herbst-Bayliss and Greg Roumeliotis (Reuters) -Tiny activist investor Bluebell Capital Partners is taking aim at BlackRock and wants to replace longtime CEO Larry Fink, criticizing the world[...]
Read more
France’s CMA CGM to buy New York, New Jersey terminals from Canada’s GCT
(Reuters) -CMA CGM, one of the world’s largest container shipping lines, said on Tuesday that it has agreed to acquire two container terminals at the port of New York and New Jersey from Global[...]
Read more
New York Times union members set to walk out on Thursday after talks fail
(Reuters) – More than 1,100 union employees at the New York Times Co are set to walk out on Thursday for 24 hours as negotiations with the news publisher for a “complete and equitable cont[...]
Read more
Airbus drops 2022 delivery forecast, softens output goal
By Tim Hepher PARIS (Reuters) – Airbus on Tuesday abandoned a numerical forecast for jet deliveries and a date for its key production goal but maintained financial targets as it limped towards t[...]
Read more
Blackstone’s credit fund reaches withdrawal limit
NEW YORK (Reuters) – Blackstone Inc said redemptions from its $50 billion non-traded business development company reached its pre-set limit for the first time but investors were still allowed to[...]
Read more
U.S. watchdog levies $7.7 million in fines against KPMG entities
By Chris Prentice (Reuters) -A U.S. agency tasked with overseeing the audits of public companies on Tuesday said it imposed $7.7 million in fines and sanctioned three firms across KPMG’s global[...]
Read more