BERLIN (Reuters) -The German Football Association (DFB) announced that American sportswear giant Nike would become their official supplier from 2027 onwards, ending a decades-long partnership with Ger[...]
Read more
March 21, 2024
US regulator proposes extra scrutiny of bank mergers above $100 billion
By Douglas Gillison (Reuters) -Mergers that could result in banks with more than $100 billion in assets should expect heightened scrutiny from the U.S. Federal Deposit Insurance Corporation, according[...]
Read more
Clorox to sell some Latin American operations; take $233 million charge
(Reuters) – Bleach maker Clorox said on Thursday that it would sell its operations in Argentina, Uruguay and Paraguay to private equity fund Apex Capital, as it looks to tighten its portfolio to[...]
Read more
Airbus wins jet orders from two Asian customers of rival Boeing
By Maki Shiraki, Mariko Katsumura and Allison Lampert TOKYO/SEOUL/MONTREAL (Reuters) -Airbus clinched orders for 65 jets from two of Boeing’s key Asian customers on Thursday, in a win for the Eu[...]
Read more
How Reddit stacks up against social media peers
By Yuvraj Malik and Zaheer Kachwala (Reuters) – Social media platform Reddit’s market debut on Thursday ended a more than two year-long wait but shifts the focus to how it will compare wit[...]
Read more
ADM pays bonuses to senior executives in midst of government investigation, documents show
By Chris Prentice, Karl Plume and Ana Mano NEW YORK (Reuters) – Senior executives at Archer-Daniels-Midland Co, the grain trader under government investigation for accounting issues, will receiv[...]
Read more
ISS endorses activist Peltz for Disney board in bitter proxy fight
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – In a blow to Walt Disney, activist Nelson Peltz received a powerful endorsement in his battle against the entertainment conglomer[...]
Read more
US economy on solid ground as weekly jobless claims fall, home sales surge
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, while sales of previously owned homes increased by the m[...]
Read more
China’s consumer lenders set for shakeout as new rules raise the bar
BEIJING (Reuters) – China’s tightening of rules for consumer finance companies is likely to force consolidation in the roughly $120 billion sector that provides high-interest loans for mil[...]
Read more