By Pete Schroeder WASHINGTON (Reuters) -Federal Reserve Chairman Jerome Powell said Wednesday the central bank and other regulators will be making significant changes to a contentious plan to raise la[...]
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March 6, 2024
Analysis-‘Worst case’ inflation fears threaten bond market calm as Powell addresses lawmakers
By David Randall and Davide Barbuscia NEW YORK (Reuters) – An uneasy calm that has pervaded the U.S. bond market could break in coming days, as looming data on employment and consumer prices she[...]
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Retailer Cencosud sees LatAm ‘recovery’ in 2024
By Kylie Madry (Reuters) -Chilean retailer Cencosud will have a “recovery year” in Latin America in 2024, particularly in the first half, Chief Financial Officer Ines Ostenrieder said on W[...]
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House lawmaker says US ByteDance investors should urge China to allow TikTok sale
By David Shepardson WASHINGTON (Reuters) -A U.S. House Republican leading a legislative push to force China’s ByteDance to divest TikTok in the United States or face a ban says American investor[...]
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Explainer-Why retail has lost its sparkle for private equity firms
By Abigail Summerville NEW YORK (Reuters) – Private equity firms made billions of dollars betting on major U.S. retailers, clothing and accessories and restaurant chains, reshaping the consumer[...]
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Emirates chief backs Boeing-Spirit merger amid factory crisis
By Ilona Wissenbach BERLIN (Reuters) -One of Boeing’s biggest customers, Dubai carrier Emirates, threw its support behind a possible Boeing takeover of Spirit AeroSystems, saying it would be a s[...]
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Carlyle launches sale of Japanese cosmetics supplier Tokiwa in $800 million deal, sources say
By Kane Wu HONG KONG (Reuters) – Private equity firm Carlyle Group has begun the sale process of Japanese cosmetics supplier Tokiwa Corp in a deal that could value the company at $800 million, t[...]
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Exclusive-Norway’s wealth fund pushes for more women on emerging market company boards
By Gwladys Fouche OSLO (Reuters) – Norway’s $1.6 trillion sovereign wealth fund, the world’s largest, will call on emerging market companies in which it invests to appoint more women[...]
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Exclusive-Marathon Partners urges Becle to move share listing, consider alternatives
By Svea Herbst-Bayliss (Reuters) – Marathon Partners Equity Management wants spirits company Becle SAB de CV, the world’s largest tequila producer, to move its listing from Mexico to the U[...]
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