By Abhijith Ganapavaram (Reuters) -U.S. private equity firm 777 Partners has said it is in talks with Boeing Co and Franco-Italian turboprop maker ATR over a new jet order, as it looks to enter more m[...]
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July 7, 2023
Bed Bath & Beyond ends auction for Buy Buy Baby stores
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt retailer Bed Bath & Beyond has ended its efforts to find a buyer for its entire Buy Buy Baby business, and it will instead seek U.S. court ap[...]
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Job gains slow, but rising wages, low unemployment keep Fed hikes on track
By Howard Schneider WASHINGTON (Reuters) -The U.S. added fewer jobs than anticipated in June but still-strong wage growth and a slight drop in the unemployment rate will likely keep the Federal Reserv[...]
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Aviation lessors fight to stop insurance dispute hearings in Russia
LONDON (Reuters) – More than 40 aviation leasing firms, locked in a battle with insurers over who should bear up to $10 billion in costs for 400 jets stuck in Russia, are urging the High Court t[...]
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Crypto firm Gemini sues DCG after conflict over unit’s restructuring deal
By Niket Nishant and Hannah Lang (Reuters) -Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO,[...]
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European shares end higher after worst week in nearly four months
By Shreyashi Sanyal (Reuters) -European shares eked out gains on Friday as data pointing to slowing U.S. job growth eased concerns about interest rate hikes by the Federal Reserve but did little to ch[...]
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Fed’s Goolsbee: ‘golden path’ includes a couple of rate hikes
By Ann Saphir (Reuters) – Chicago Federal Reserve Bank president Austan Goolsbee on Friday said he does not disagree with his fellow US central bankers that rates will need to rise a couple more[...]
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Tesla rolls out customer referral incentive globally as EV price war heats up
By Chavi Mehta (Reuters) -Electric-vehicle maker Tesla rolled out a new program globally allowing buyers to get extra incentives through referrals from existing customers, a strategy long used by trad[...]
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Analysis-Peru copper miners say red tape snarling red metal production ramp-up
By Marco Aquino LIMA (Reuters) – Copper miners in Peru, already battling political uncertainty and regular protests, say they have another hurdle to revving up stalled production of the red meta[...]
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