Category Archives:
US oil M&A jumps as private equity unloads shale assets
By Gary McWilliams HOUSTON (Reuters) - U.S. oil and gas deals rebounded in the second quarter as private equity firms shed shale portfolio investments and publicly traded oil firms grabbed smaller riv...
Jul 25, 2023
Chinese court begins appeal trial for Canadian pop star Kris Wu
BEIJING (Reuters) - A court in the Chinese capital on Tuesday commenced the appeal trial for Canadian pop star Kris Wu, according to state-run Xinhua news agency, after he was sentenced to 13 years in...
Jul 25, 2023
Venice film fest attracts top names despite Hollywood strikes
By Crispian Balmer (Reuters) - Venice presented a powerful line-up on Tuesday for its forthcoming film festival, defying fears its 80th edition would be a washout because of strikes by Hollywood actor...
Jul 25, 2023
Goldman Sachs cuts 2023 euro zone growth forecast following weaker economic data
(Reuters) - Goldman Sachs cut its 2023 growth forecast for the euro zone, following weaker economic activity data. Economists led by Sven Jari Stehn said on Tuesday they now expect a 0.4% growth for t...
Jul 25, 2023
Europe’s factories are slowing but no one has told cyclical stock investors
By Lucy Raitano LONDON (Reuters) - Euro zone manufacturing activity is deteriorating fast, as evidenced by Monday's Purchasing Managers surveys, and yet European cyclical stocks are on a tear versus t...
Jul 25, 2023
Florida Governor DeSantis involved in car accident, is uninjured -Fox
(Reuters) - Florida Governor Ron DeSantis was involved in a car accident in Tennessee on Tuesday, Fox News reported, citing his spokesperson. "This morning, the governor was in a car accident while tr...
Jul 25, 2023
Amazon amends iRobot deal to lower offer price by 15%
(Reuters) - Amazon.com and iRobot have agreed to lower the price the e-commerce giant will pay for the maker of Roomba vacuum cleaners by nearly 15%, the companies said on Tuesday. Under the amended d...
Jul 25, 2023
Investment firm Low Carbon secures $513 million for renewables projects
By Nina Chestney LONDON (Reuters) - British renewable energy investment firm Low Carbon said on Tuesday it had secured up to 400 million pounds ($513 million) of capital from life insurance company Ma...
Jul 25, 2023
PACCAR beats quarterly estimates on strong demand for trucks
(Reuters) - PACCAR Inc beat market estimates for second-quarter profit and sales, helped by strong demand for its trucks and aftermarket parts. A strong freight market and a focus on bolstering logist...
Jul 25, 2023
Albertsons beats profit, revenue expectations on strong demand for groceries
(Reuters) - Albertsons Companies topped Wall Street expectations for quarterly profit and revenue on Tuesday, on the back of steady demand for groceries and pocket-friendly private label brands. Consu...
Jul 25, 2023
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