Category Archives:
European shares rise on aero, luxury stocks boost
By Susan Mathew and Devik Jain (Reuters) -European shares rose on Tuesday led by beaten-down aerospace, luxury and travel stocks, although worries about an energy supply crunch and a potential global ...
Jul 12, 2022
Crypto hedge fund Three Arrows’ liquidators get OK to claim U.S. assets
By Dietrich Knauth (Reuters) - Liquidators for crypto hedge fund Three Arrows Capital (3AC) obtained U.S. court permission on Tuesday to issue subpoenas and lay claim to the bankrupt Singapore-based c...
Jul 12, 2022
Spirit shareholder Discovery Capital urges board to abandon Frontier deal
(Reuters) - Spirit Airlines Inc shareholder Discovery Capital Management LLC on Tuesday urged the low-cost carrier to abandon its merger with Frontier Group Holdings Inc in favor of a bid from JetBlue...
Jul 12, 2022
Sinch sees Q2 earnings hit as one-off, rejects short-seller’s criticism
By Marie Mannes and Izabela Niemiec (Reuters) - Swedish cloud communication services provider Sinch AB said on Tuesday it expected no further adjustments after reporting a hit to its second-quarter ea...
Jul 12, 2022
White House, ahead of inflation data, cites slow growth but no recession
(Corrects to say "recent economic data" instead of "data due to be released on Wednesday") WASHINGTON (Reuters) - The United States appears to be shifting to a period of slower job and economic growth...
Jul 12, 2022
U.S., Japanese insurers back autonomous vehicle firm May Mobility
By Joseph White DETROIT (Reuters) - U.S. auto insurer State Farm and Japanese insurance company Tokio Marine have joined in a $111 million funding round for autonomous vehicle technology startup May M...
Jul 12, 2022
Dior withdraws Valentino compensation demand over glitzy Rome show, source says
PARIS (Reuters) - LVMH-owned Dior has withdrawn a request for 100,000 euros in compensation from rival fashion label Valentino for allegedly blocking access to its Rome store with a celebrity-packed r...
Jul 12, 2022
‘Succession,’ ‘Ted Lasso’ lead nominations for TV’s Emmy awards
LOS ANGELES (Reuters) -HBO drama "Succession," the story of a wealthy media mogul and his family, topped the list of Emmy nominees announced on Tuesday with 25 nods including one for best drama series...
Jul 12, 2022
Vitesco, Renault to partner on powertrain box
BERLIN (Reuters) - Renault and Vitesco Technologies have signed a partnership to produce an electronic unit combining a converter, inverter and on-board charger in electric and hybrid powertrains into...
Jul 12, 2022
Senate to take up Michael Barr appointment to head Fed’s bank oversight
WASHINGTON (Reuters) - The U.S. Senate on Tuesday will kick off the final stages of confirmation for President Joe Biden's nomination of Michael Barr to be a member of the Federal Reserve board and to...
Jul 12, 2022
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