By Svea Herbst-Bayliss and Laura Sanicola (Reuters) – Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is urging the U.S. oil refiner and pipeline operator to revamp[...]
Read moreNovember 29, 2023
UAW launches bid to organize Tesla and ‘entire non-union auto sector’ in US
By David Shepardson WASHINGTON (Reuters) -The United Auto Workers union said on Wednesday it is launching a first-of-its-kind push to publicly organize the entire nonunion auto sector in the U.S. afte[...]
Read moreUS health insurers Humana, Cigna in talks to merge -source
By Anirban Sen and Deena Beasley (Reuters) -U.S. health insurer Cigna is in talks to merge with peer Humana, a source familiar with the matter said on Wednesday, a deal that could exceed $60 billion i[...]
Read moreCuban rum makers fret as another dismal sugar harvest looms
By Marc Frank HAVANA (Reuters) – Producers of Cuba’s famous rum are feeling the pinch with local sugar output forecast to remain at record lows this season amid a grueling economic crisis[...]
Read moreCanada set to announce Boeing order for maritime patrol aircraft -source
(Reuters) – Canada is set to announce on Thursday a multi-billion dollar sole-source contract for Boeing Co’s P-8 Poseidon maritime patrol aircraft to replace the country’s military surveillance[...]
Read more‘We aren’t going anywhere’: How Panama fishing boats brought First Quantum to its knees
By Valentine Hilaire and Divya Rajagopal PANAMA CITY/TORONTO (Reuters) – For more than a month, a group of 16 fishing boats has been blocking a key port in Panama, choking off coal and essential[...]
Read moreSnowflake sees product revenue above estimates on AI-driven demand
(Reuters) -Snowflake forecast quarterly product revenue above estimates on Wednesday, as increasing adoption of artificial intelligence boosted demand for its data cloud offerings. Shares of the Bozem[...]
Read moreBrazil’s Embraer gets new order from Canada’s Porter Airlines for 25 more jets
SAO PAULO (Reuters) – Brazilian planemaker Embraer said on Wednesday that Canada’s Porter Airlines placed a firm order for an additional 25 E195-E2 aircraft for $2.1 billion. The deal, whi[...]
Read moreUS sanctions cryptocurrency mixer Sinbad over alleged North Korea ties
WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on a virtual currency mixer the Treasury Department said has processed millions of dollars worth of cryptocurrency from major hei[...]
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