(Reuters) – The global insurance and reinsurance industry is likely to avoid any major financial impact from the outage sparked by CrowdStrike’s glitchy security software update that disru[...]
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July 22, 2024
Oil drops as investors look past Biden exit, focus on weak fundamentals
By Shariq Khan NEW YORK (Reuters) -Oil prices fell for a second consecutive session on Monday to their lowest level in over a month, as investors looked past U.S. President Joe Biden’s decision[...]
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Agilent to buy contract drug manufacturer Biovectra for $925 million
(Reuters) – Agilent Technologies said on Monday it will acquire contract drug manufacturer Biovectra for $925 million to expand its portfolio of services offered to biotech companies and medical[...]
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Analysis-Geopolitics is back to break markets’ stride
By Laura Matthews and Tom Westbrook NEW YORK/SINGAPORE (Reuters) – Politics has toppled global markets from record peaks and over a turbulent few weeks stepped to the fore as investors confront[...]
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Investment funds buy $28.837 billion 10-year note in July – U.S. Treasury
July 22 (Reuters) – Large investment managers bought $28.837 billion at a 10-year note auction held in July, compared with the $26.477 billion they purchased the previous month, data from the U.S. Tre[...]
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AT&T February wireless outage blocked more than 92 million calls, agency says
By David Shepardson (Reuters) -A nationwide AT&T wireless outage in February that lasted over 12 hours blocked more than 92 million voice calls and prevented more than 25,000 attempts to reach 911[...]
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Embraer formalizes C-390 sales to Austria, Netherlands; deliveries from 2027
By Gabriel Araujo (Reuters) -Brazilian planemaker Embraer on Monday signed a contract to formalize the sale of nine C-390 Millennium military aircraft to the Netherlands and Austria, further expanding[...]
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Exclusive-Buyout firm L Catterton approaches Mattel with acquisition offer, sources say
By Anirban Sen NEW YORK (Reuters) -L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached Mattel, the toy maker behind Barbie and Hot Wheels, with an acquisition offer,[...]
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Sliding airline profits and plane delays cast shadows at air show
By Joanna Plucinska and Allison Lampert FARNBOROUGH, England (Reuters) -A plunge in Ryanair’s quarterly profits cast a shadow over the opening of the Farnborough Airshow on Monday, where aviatio[...]
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