By Anirban Sen (Reuters) -CC Capital, the investment firm led by former Blackstone executive Chinh Chu, is one of the suitors in talks to take members club operator Soho House private, according to pe[...]
Read moreMarch 18, 2024
Swiss bank UBS targets US deals, says chairman
ZURICH (Reuters) – Swiss banking giant UBS will look for merger and acquisitions opportunities in the United States in the years to come, its chairman told the NZZ newspaper on Sunday. UBS, whic[...]
Read morePfizer to cut stake in Sensodyne toothpaste-maker Haleon to 24%
(Reuters) -Consumer healthcare firm Haleon said on Monday that U.S. drugmaker Pfizer, its top shareholder, will sell down its stake in the company to about 24%. Pfizer, which currently holds a 32% sta[...]
Read moreUnitedHealth unit hack may hit pharmacies, providers’ credit profiles, Fitch says
(Reuters) -Ratings agency Fitch said on Monday some smaller healthcare providers and pharmacies that use its services could see a hit to their credit profiles following a recent cybersecurity incident[...]
Read moreBond market sees inflation as a wild card for easing timetable at Fed meeting
By Karen Brettell NEW YORK (Reuters) -While bond investors expect the U.S. Federal Reserve to keep rates unchanged at its policy announcement on Wednesday, the market reaction could hinge on what Fed[...]
Read morePolitical veteran Chris Lehane nearing deal to join OpeanAI, The Information reports
(Reuters) – Chris Lehane, a former policy chief for Airbnb and member of the Clinton White House, is nearing a deal to join ChatGPT-maker OpenAI as a senior executive, The Information reported o[...]
Read moreUS homebuilder confidence at highest level since July, NAHB says
By Amina Niasse NEW YORK (Reuters) – U.S. homebuilder confidence rose in March to the highest level since July due to easing mortgage rates and an improved pricing environment amid a continued e[...]
Read moreBrazil’s Embraer sees supply chain bottlenecks hampering 2024 deliveries
By Peter Frontini SAO PAULO (Reuters) -Brazilian planemaker Embraer’s estimate for 2024 aircraft deliveries could be higher if it were not for supply chain issues, CEO Francisco Gomes Neto said[...]
Read moreMorgan Stanley expects Brent to climb to $90/bbl by summer 2024
(Reuters) – Morgan Stanley raised its Brent oil price forecasts by $10 per barrel to $90 for the third-quarter of 2024, citing tighter supply and demand balances on OPEC+ commitment and Russia[...]
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