(Reuters) – Cineworld Group is looking at Eduardo Acuna, who runs the Americas operations of Mexico’s Cinepolis, as a potential candidate to take the helm at the embattled British cinema c[...]
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Curb use of dollar Libor alternatives to Fed rate, says watchdog
By Huw Jones LONDON (Reuters) – The use of four dollar-denominated alternatives to the now scrapped Libor interest rate need restrictions to avoid threatening financial stability, a global secur[...]
Read moreTesla extends blistering rally after quarterly deliveries beat
By Aditya Soni (Reuters) -Tesla shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk’s plan of boosting volumes through discount[...]
Read moreStocks edge higher with Treasury yields in holiday-shortened session
By Sinéad Carew NEW YORK (Reuters) – Wall Street stock indexes ended Monday’s shorter session up slightly along with U.S. Treasury yields, as investors weighed up a mixed bag of economic d[...]
Read moreOil settles lower as economic jitters outweigh supply cuts
By Laura Sanicola (Reuters) -Oil prices settled down 1% on Monday as worries about a slowing global economy and possible U.S. interest-rate hikes outweighed supply cuts announced for August by top exp[...]
Read moreDollar little changed after ISM data, yen below 145 threshold
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) -The dollar was little changed on Monday against a basket of major trading currencies and gained against a yen that’s under intervention[...]
Read moreStellantis to invest in historic Italian Mirafiori plant
MILAN (Reuters) – Carmaker Stellantis will invest up to 200 million euros ($218 million) to ensure its Italian Mirafiori site, the historic home of Fiat, remains one of its primary locations for[...]
Read moreBranson, Virgin Group reputations at centre of $250 million London court clash
By Sam Tobin LONDON (Reuters) – British billionaire Richard Branson severely damaged Virgin Group’s reputation by residing in a tax haven while UK-based airline Virgin Atlantic sought a go[...]
Read moreEuropean shares end lower as healthcare declines outweigh miner gains
By Amruta Khandekar and Shreyashi Sanyal (Reuters) -European shares erased gains by the closing bell to finish lower on Monday as AstraZeneca led falls among healthcare stocks that outweighed gains by[...]
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