By Milana Vinn, Anirban Sen and Dawn Chmielewski (Reuters) – Endeavor Group Holdings Inc, the parent of the popular UFC mixed martial arts franchise, is in advanced talks to acquire World Wrestl[...]
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April 2, 2023
OPEC+ announces surprise oil cuts; U.S. calls move inadvisable
By Maha El Dahan and Ahmed Rasheed DUBAI (Reuters) – Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million barrels per day, in a surprise[...]
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New York Times says it won’t pay for Twitter verified check mark
(Reuters) – The New York Times will not pay a monthly fee to get verified check mark status on Twitter, a spokesperson for the newspaper said hours after it lost the verified badge on the social[...]
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Marketmind: A holiday-thinned kickoff to Q2, and US jobs report
By Alden Bentley (Reuters) – A look at the day ahead in Asian markets from Alden Bentley. A 13.6% year-over-year drop in South Korea’s March exports, reported on Saturday, was not as steep[...]
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US sees OPEC+ output cuts as unadvisable
(Reuters) – The Biden administration said the surprise oil output cuts announced on Sunday by Saudi Arabia and other OPEC+ countries were not advisable. “We don’t think cuts are advisable[...]
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Swiss prosecutor probes Credit Suisse takeover
By Gabrielle Tétrault-Farber GENEVA (Reuters) – Switzerland’s Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse by UBS Group, the office of the[...]
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Norwegian wealth fund seeks Credit Suisse boardroom shake-up
(Reuters) – Norges Bank Investment Management will vote against the re-election of Credit Suisse Chair Axel Lehmann and six other directors at the Swiss lender’s annual general meeting on[...]
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Volkswagen not planning new combustion engine Golf – Automobilwoche
BERLIN (Reuters) – Volkswagen does not plan to develop a new combustion engine generation of its legendary Golf car, brand chief Thomas Schaefer told autos publication Automobilwoche on Sunday,[...]
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Up to 30% of jobs to be cut by enlarged UBS, Tages-Anzeiger reports
GENEVA (Reuters) – The bank created by the UBS takeover of Credit Suisse is poised to reduce its workforce by 20-30%, Swiss daily Tages-Anzeiger reported on Sunday, citing an unnamed senior UBS[...]
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