(Reuters) – UK-based Revolution Beauty said on Monday it could reach a settlement with top shareholder Boohoo over board changes in the coming days, after the beauty products retailer said it wi[...]
Read more
Europe
Airbus opens new assembly line for small jets in A380’s shadow
By Tim Hepher TOULOUSE, France (Reuters) – Europe’s Airbus inaugurated a new assembly line for its A321neo jetliner in southwest France on Monday, granting a new lease of life to the deser[...]
Read more
Standard Chartered boosts 2024 bitcoin forecast to $120,000
By Marc Jones LONDON (Reuters) -The value of top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered said on Monday, predicting the recent jump in i[...]
Read more
Fertilizer company OCI bets big on climate-friendly ammonia
By Rod Nickel and Victoria Klesty (Reuters) – Without a single sales contract in hand, Dutch fertilizer company OCI is building a $1 billion plant in Texas to produce ammonia with low greenhouse[...]
Read more
Modelo Especial tops Bud Light as most-sold US beer for second consecutive month
By Ananya Mariam Rajesh (Reuters) -Constellation Brands’ Modelo Especial was the top-selling beer brand in the United States for a second consecutive month in June, after first dethroning Anheus[...]
Read more
Canada extends consultation period for RBC’s $13.5 billion bid for HSBC unit
TORONTO (Reuters) – Canada’s finance ministry has extended the consultation period for Royal Bank of Canada’s $13.5 billion proposed acquisition of HSBC’s Canadian unit by 15 d[...]
Read more
Timeline: Foxconn withdraws from $19.5 billion Vedanta chip plan in India
NEW DELHI (Reuters) – Taiwan’s Foxconn said on Monday it had withdrawn from a joint venture with conglomerate Vedanta, in a blow to Indian Prime Minister Narendra Modi’s chipmaking p[...]
Read more
Marketmind: Bruised bonds relying on disinflation
A look at the day ahead in U.S. and global markets from Mike Dolan Last week’s bond market storm calmed somewhat on Monday, but the interest rate horizon now relies heavily on evidence of more d[...]
Read more
Marketmind: China disinflation a mix of good and bad
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole China’s inflation data for June surprised on the downside, with consumer prices slipping 0.2% on the mont[...]
Read more