By Kylie Madry MEXICO CITY (Reuters) – Mexico’s move of cargo flights from the capital’s main airport to a more distant location is likely behind the pause in a planned joint venture[...]
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August 3, 2023
KKR in advanced talks to buy Simon & Schuster for $1.65 billion -sources
By Anirban Sen and Milana Vinn NEW YORK (Reuters) -KKR & Co Inc is in advanced talks to acquire book publisher Simon & Schuster from Paramount Global for $1.65 billion, according to people fam[...]
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Judicial panel refuses to pause return of Texas lawsuit against Google
By Diane Bartz WASHINGTON (Reuters) -Texas won a round in its antitrust lawsuit with Alphabet’s Google on Thursday after a U.S. judicial panel refused to pause a decision to return the lawsuit t[...]
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Corteva cuts sales forecast on weak demand for crop protection products
(Reuters) -Agricultural chemical and seed company Corteva cut its annual sales expectations as demand for its crop protection products showed signs of contraction. Rise in carrying cost of stock for d[...]
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Bombardier profit beats estimates but cash flow misses; shares fall
MONTREAL (Reuters) -Canada’s Bombardier on Thursday reported a quarterly profit that beat expectations, boosted by demand for flying and maintaining private jets, but its free cash flow missed e[...]
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JPMorgan says it expects to pay about $3 billion to help refill FDIC fund
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase expects to set aside about $3 billion to replenish the Federal Deposit Insurance Corporation’s (FDIC) fund once proposed rules are finalized by[...]
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Marketmind: Dodging the US curve ball
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Investors in Asia may well have one aim in mind Friday – get throug[...]
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Tupperware shares soar on agreement with lenders to restructure debt
(Reuters) – Tupperware Brands said on Thursday it has finalized an agreement with its lenders to restructure its debt obligations in an effort to turnaround its business, sending its shares soar[...]
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Amgen quarterly revenue rises 6%, profit beats Street estimates
By Deena Beasley (Reuters) -Amgen, which is facing U.S. Federal Trade Commission (FTC) delays to its planned acquisition of Horizon Therapeutics, on Thursday reported higher quarterly profit on strong[...]
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