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Apollo-led group to take Atlas Air private for $3 billion
(Reuters) -Air-freight company Atlas Air Worldwide Holdings Inc is being taken private for nearly $3 billion by an investor group led by private equity giant Apollo Global Management Inc. The agreemen...
Syndicated Content Aug 04, 2022
Credit Suisse mulls cutting thousands of jobs globally, report says
(Reuters) - Credit Suisse Group AG is discussing slashing thousands of jobs globally, Bloomberg News reported on Thursday, citing people familiar with the matter. The Swiss bank is expected to finaliz...
Syndicated Content Aug 04, 2022
Amgen to buy ChemoCentryx for $3.7 billion
(Reuters) - Amgen Inc said on Thursday it would buy ChemoCentryx Inc for $3.7 billion to gain access to the company's anti-inflammation drug. Amgen will pay $52 per share in cash, which represents a p...
Syndicated Content Aug 04, 2022
Exclusive: Italy, Intel close to $5 billion deal for chip factory – sources
By Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) - Italy is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor packaging and assembly plant in the...
Syndicated Content Aug 04, 2022
Kellogg raises full-year sales forecast
(Reuters) - Kellogg Co raised its full-year organic sales forecast on Thursday, banking on higher prices and resilient demand for its breakfast cereals and snacks. The company expects annual organic n...
Syndicated Content Aug 04, 2022
Britain lifts rates by most since 1995, latest to deliver aggressive hikes
(Reuters) - The Bank of England raised interest rates on Thursday by half-a-point in its biggest move in 27 years to tame inflation. Central banks in the United States, Canada, Australia, Switzerland ...
Syndicated Content Aug 04, 2022
Auto supplier Aptiv lowers outlook as China lockdowns, costs bite
(Reuters) -Auto parts supplier Aptiv Plc on Thursday cut its full-year profit and revenue forecast, as lockdowns in China took a bite out of quarterly results, while the industry continues to struggle...
Syndicated Content Aug 04, 2022
ConocoPhillips profit rises on strong crude prices
(Reuters) - U.S. oil producer ConocoPhillips reported a higher second-quarter profit on Thursday and raised its shareholder returns to $15 billion, boosted by surging energy prices after Russia's inva...
Syndicated Content Aug 04, 2022
Softbank-backed giftback company CRM&Bonus buys social selling startup Zipper
By Tatiana Bautzer SAO PAULO (Reuters) - Softbank-backed Brazilian giftback company CRM&BONUS has acquired Zipper, a platform that creates systems for social media sales, for 25 million reais ($4.7 mi...
Syndicated Content Aug 04, 2022
Bank of England raises rates by most since 1995 even as long recession looms
By William Schomberg and David Milliken LONDON, Aug 4 (Reuters) - The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long recession is on its way, as...
Syndicated Content Aug 04, 2022

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