By Lisa Baertlein LOS ANGELES (Reuters) – Closely watched U.S. retail trade forecasters on Monday lowered their import target for the first half of 2023 and said they expect incoming ocean conta[...]
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May 8, 2023
Toyota suspends sales of Yaris model in Thailand after safety test problem
By Chayut Setboonsarng and Daniel Leussink BANGKOK/TOKYO (Reuters) -Japanese carmaker Toyota Motor Corp has stopped sales and deliveries of its Yaris Ativ in Thailand, senior officials said on Monday,[...]
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Helene von Roeder to become new CFO of Germany’s Merck
(Reuters) – Germany’s Merck KGaA has appointed Helene von Roeder as the new chief financial officer and member of the Executive Board after Marcus Kuhnert has decided to step down, the dru[...]
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Qualcomm to acquire Israeli auto-chip maker Autotalks
(Reuters) -Qualcomm Inc said on Monday that it would acquire Israel’s Autotalks Ltd, a maker of chips used in crash-prevention technology in vehicles, as the U.S. firm looks to expand its automo[...]
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U.S. dollar struggles, pound hits one-year high
By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major peers on Monday, as traders wait for the Federal Reserve to acknowledg[...]
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Blackstone’s delisting offer for India’s R Systems fails
BENGALURU (Reuters) – Blackstone Inc’s delisting offer for India’s R Systems International Ltd was unsuccessful as the U.S. investment fund failed to draw enough interest from public[...]
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Catalent shares tank on warning of $400 million cut to annual revenue forecast
(Reuters) -Catalent Inc expects to cut by more than $400 million both its full-year revenue and core profit forecasts, the contract drug manufacturer said on Monday, sending its shares tumbling 27% to[...]
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Assa, Spectrum Brands reach settlement with US on deal
(Reuters) -Sweden’s Assa Abloy AB, the world’s No. 1 lock maker, and U.S.-based Spectrum Brands Holdings said on Friday they have reached a settlement with the U.S. Justice Department rega[...]
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Virgin Galactic to start commercial flight in late June, shares rise
(Reuters) – Space-tourism company Virgin Galactic Holdings said on Monday that a four-member test flight will take place in May and that it aims to launch its first commercial flight in late Jun[...]
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