(Reuters) – Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation Reduction Act (IRA), according to details released on Friday by the[...]
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April 19, 2024
Alstom sells North American conventional signalling business for around $670 million
(Reuters) – French train manufacturer Alstom has agreed to sell its North American conventional rail signalling business to German rail systems manufacturer Knorr-Bremse AG for around 630 millio[...]
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Sony, Apollo discuss joint bid for Paramount, says source
By Dawn Chmielewski (Reuters) – Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global, according to a person familiar with the matter. T[...]
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Short sellers recoup losses as rally in US stocks loses steam
By Shristi Achar A (Reuters) – Short sellers have been raking it in over the last 30 days as receding bets of an early interest rate cut by the U.S. Federal Reserve triggered a selloff in the eq[...]
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Exclusive-JPMorgan dealmakers Lipsky and Lee are leaving the bank, sources say
By Nupur Anand, Svea Herbst-Bayliss and Tatiana Bautzer NEW YORK (Reuters) – Two senior JPMorgan Chase dealmakers, Andy Lipsky and Haidee Lee, are leaving the bank, two sources familiar with the[...]
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Analysis-Ample oil supplies limit impact of MidEast flare-up on prices
By Robert Harvey and Natalie Grover LONDON (Reuters) – Plentiful supplies of some of the biggest crude grades are limiting the impact on benchmark oil futures prices of conflict in the Middle Ea[...]
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Wall Street ‘fear gauge’ flashes as volatility dogs US stocks
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A cocktail of interest rate anxiety and geopolitical tensions is keeping U.S. stock investors defensive and driving Wall Street’s most closely watched v[...]
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Loss-making Warner Bros Discovery’s CEO pay rises to $50 million in 2023
(Reuters) – Warner Bros Discovery CEO David Zaslav’s annual compensation rose nearly 27% to $49.7 million in 2023, a filing with the Securities and Exchange Commission (SEC) showed on Frid[...]
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Hedge funds turn bearish in April, Goldman says
By Nell Mackenzie LONDON (Reuters) – Hedge funds globally have turned the most bearish they’ve been on equities this year, a Goldman Sachs note said, as sticky inflation and renewed geopol[...]
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