Category Archives:
Spirit Airlines rejects JetBlue offer, backs merger with Frontier Group
(Reuters) -Spirit Airlines Inc on Tuesday rejected JetBlue Airways Corp's sweetened takeover offer and recommended that shareholders vote in favor of a merger with Frontier Group Holdings Inc at a mee...
Jun 28, 2022
Novartis to cut up to 8,000 jobs globally
ZURICH (Reuters) -Novartis said on Tuesday a previously announced restructuring programme could lead to 8,000 jobs being cut, including up to 1,400 in Switzerland, confirming a report by Swiss newspap...
Jun 28, 2022
Arm launches new chip technology for smartphone games
(Reuters) - Arm Ltd, the British chip technology firm owned by SoftBank Group Corp, on Tuesday unveiled a set of new chip technologies aimed at making video games on smartphones look better while pres...
Jun 28, 2022
Listed companies on track to cause nearly 3 degree climate ‘chaos’ – MSCI
By Noah Browning LONDON (Reuters) - Equity index compiler MSCI said on Tuesday the world's listed companies were on a course to cause global warming of 2.9 degrees Celsius, well above a target to limi...
Jun 28, 2022
European equities per-share profit could drop over 6% – HSBC
(Reuters) - European equities could see a drop between 6.4% and 8.5% in earnings per share this year compared to consensus estimates of a rise of more than 11%, HSBC said on Tuesday, as investors worr...
Jun 28, 2022
U.S. targets Russian gold imports, defense industry in new sanctions
By Daphne Psaledakis and Michelle Nichols WASHINGTON (Reuters) - The United States on Tuesday imposed sanctions on over 100 targets and banned the import of new Russian gold, increasing pressure on Ru...
Jun 28, 2022
ISS says new JetBlue offer more favorable for Spirit Airlines
(Reuters) - Institutional Shareholder Services (ISS) said JetBlue Airways Corp's latest offer to buy Spirit Airlines Inc is "more favorable" for the ultra-low-cost airline's shareholders, but maintain...
Jun 28, 2022
Omicron sub-variants BA.4, BA.5 make up more than 50% of U.S. COVID cases – CDC
(Reuters) - The fast-spreading BA.4 and BA.5 sub-variants of Omicron are estimated to make up a combined 52% of the coronavirus cases in the United States as of June 25, the U.S. Centers for Disease C...
Jun 28, 2022
Diageo to wind down Russia operations by year-end
By Richa Naidu LONDON (Reuters) -Diageo, the world's largest spirits maker, will wind down its business operations in Russia over the next six months, it said on Tuesday, becoming the latest Western b...
Jun 28, 2022
World Bank calls for sovereign debt changes ahead of looming crises
By Marc Jones LONDON (Reuters) - A senior official at the World Bank has ramped up its calls for changes in sovereign debt laws so governments have more control when crises strike and they have to res...
Jun 28, 2022
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