Category Archives:
Exclusive-BC Partners explores $4 billion sale of IT firm Presidio -sources
By Krystal Hu and Chibuike Oguh (Reuters) - Private equity firm BC Partners Ltd is exploring a sale of Presidio Inc, which could value the U.S. information technology provider at more than $4 billion ...
Jul 11, 2022
Canadian payments system Interac says adding backup network supplier after Rogers outage
TORONTO (Reuters) - Canadian online payments service Interac said on Monday it was adding another network provider to its system after an outage at Rogers Communications last week left millions of Can...
Jul 11, 2022
Biden says he is determined to ban assault weapons
WASHINGTON (Reuters) - President Joe Biden said on Monday the United States is "awash in weapons of war" and that he is determined to ban assault weapons that are frequently used in mass shootings. "I...
Jul 11, 2022
Tazewell County State’s Attorney to resign; likely to become judge
PEKIN, Ill. –Tazewell County State’s Attorney Stewart Umholtz has submitted his unconditional resignation, effective November 30. Umholtz said he’s announcing his resignation now so ...
Jul 11, 2022
UK watchdog seeks review into government use of WhatsApp, messaging apps
LONDON (Reuters) - Britain should review the use of WhatsApp, private emails and other messaging apps by ministers and government officials after an investigation found "inadequate data security" duri...
Jul 11, 2022
Morgan Stanley names new co-heads of investment banking – memo
By Saeed Azhar NEW YORK (Reuters) - Morgan Stanley has named Eli Gross and Simon Smith as the new global co-heads of investment banking, as part of a leadership shakeup at the top of one of Wall Stree...
Jul 11, 2022
Rogers falls as massive outage raises concerns over C$20 billion Shaw deal
(Reuters) - Shares of Rogers Communications Inc slipped on Monday as analysts voiced concerns over increased risk to the Canadian telecom operator's C$20 billion deal for rival Shaw Communications fol...
Jul 11, 2022
LVMH’s Sephora to sell Russian subsidiary
PARIS (Reuters) - French luxury group LVMH's beauty retail chain Sephora said on Monday it was selling its Russian subsidiary to the local general manager. It added that the business would operate und...
Jul 11, 2022
No fries till autumn at some of McDonald’s Russian successor restaurants
MOSCOW (Reuters) - Excitement was on the menu when former McDonald's restaurants reopened in Russia last month under new management and branding, but the successor to the golden-arched throne has a pr...
Jul 11, 2022
U.S. consumers see inflation picking up in year ahead but moderating over longer term – NY Fed survey
(Reuters) - U.S. consumers see inflation rising further in the year ahead but expect a more moderate pace over the longer term in a signal that inflation expectations - a key dynamic being closely wat...
Jul 11, 2022
Peoria, IL, USA
67 °F Overcast
