(Reuters) -The U.S. Department of Justice is considering options that include breaking up Alphabet’s Google, a week after a judge ruled the tech giant illegally monopolized the online search mar[...]
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August 14, 2024
Nelson Peltz’s Trian Fund trims stake in Unilever
By Yadarisa Shabong (Reuters) – Nelson Peltz’s Trian Fund Management has sold about 3.8 million shares in British consumer goods giant Unilever for nearly 181 million pounds ($232 million)[...]
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Financing conditions pass global selloff test, so far
By Yoruk Bahceli, Matt Tracy and Emma-Victoria Farr (Reuters) – A tumultuous sell-off in financial markets this month has barely scathed global financing conditions, but the risk of further vola[...]
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RWE fails to dispel Calpine M&A speculation, shares extend losses
FRANKFURT (Reuters) -RWE shares extended losses on Wednesday after the group’s management failed to dispel investor concerns about a report that the company could buy into a U.S. operator of gas[...]
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July CPI supports disinflation scenario for Sept ease
(Reuters) -U.S. consumer prices rebounded as expected in July, but the trend remained consistent with subsiding inflation and did not change expectations that the Federal Reserve will cut interest rat[...]
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Factbox-Shipping firms respond to Houthi attacks in Red Sea
(Reuters) -Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates high[...]
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Elliott targets Southwest Airlines board in bid to shake up leadership
By Svea Herbst-Bayliss NEW YORK (Reuters) -Elliott Investment Management has launched a boardroom battle at Southwest Airlines seeking to replace 10 of 15 directors, as the hedge fund pushes to oust t[...]
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Morning Bid: US clears inflation decks, NZ cut surprises
A look at the day ahead in U.S. and global markets from Mike Dolan Feeding off impressive disinflation and a growing list of central bank interest rate cuts around the world, global stocks and bonds a[...]
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Spotify to add price information in its app on Apple devices in EU
(Reuters) – Spotify will update its app on Apple devices in the European Union on Wednesday to include prices of its various plans and services, more than three months after the iPhone maker rej[...]
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