(Reuters) -U.S. industrial and software firm Emerson Electric Co made a hostile $6.9 billion offer for NI Corp on Tuesday after the automated testing equipment maker rebuffed earlier approaches. Emers[...]
Read more
January 17, 2023
Canada’s inflation eases in December ahead of another likely rate hike
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada’s annual inflation rate eased more than expected in December as gas prices came down but core measures remained little changed[...]
Read more
U.S. household spending gains moderated in December, NY Fed says
By Michael S. Derby NEW YORK (Reuters) – American households are cutting back on spending, but are doing so from very high levels, a New York Federal Reserve report showed on Tuesday. The region[...]
Read more
New York state manufacturing plunges in January
By Lucia Mutikani WASHINGTON (Reuters) -New York state manufacturing contracted sharply in January as orders collapsed and employment growth stalled, pointing to continued weakness in national factory[...]
Read more
Crypto hedge funds ended 2022 down almost 50% – BarclayHedge data
By Nell Mackenzie LONDON (Reuters) – Hedge funds trading crypto currencies tracked by index provider BarclayHedge ended 2022 down almost 50%, the research firm said on Tuesday, a sign that the c[...]
Read more
Ryanair CEO O’Leary sees no sign of recession
By Sarah Young LONDON (Reuters) -Low-cost carrier Ryanair is not seeing any signs of recession, Chief Executive Officer Michael O’Leary said on Tuesday, pointing to two weeks of record bookings[...]
Read more
Deutsche Bank names new compliance head from Barclays
FRANKFURT (Reuters) – Deutsche Bank has appointed a Barclays executive to oversee compliance at Germany’s largest lender, according to an internal memo circulated on Tuesday and seen by Re[...]
Read more
Peloton names former Twitter executive Leslie Berland as Chief Marketing Officer
(Reuters) – Peloton Interactive Inc named former Twitter Inc executive Leslie Berland as Chief Marketing Officer on Tuesday, as the once high-flying connected fitness equipment works to recharge[...]
Read more
Disney braces for boardroom battle
(Reuters) – Activist investor Nelson Peltz last week bid for a seat on the board of Walt Disney Co, stirring the pot for what appears to be a boardroom battle brewing at the Magic Kingdom. This[...]
Read more