Category Archives:
SVB Financial fights FDIC over seized tax refunds
By Dietrich Knauth NEW YORK (Reuters) - SVB Financial, the bankrupt former parent of failed Silicon Valley Bank, said on Thursday the U.S. Federal Deposit Insurance Corporation must release $10 millio...
May 11, 2023
Hollywood writers try to strike a love match while picketing
By Rollo Ross and Danielle Broadway BURBANK, California (Reuters) - As striking Hollywood writers protest working conditions, some are seeking more than a new labor contract. They are also looking for...
May 11, 2023
With UK food price inflation at 46-year high, lawmakers launch probe
By James Davey LONDON (Reuters) - British lawmakers launched an investigation on Friday into the fairness of the country's food supply chain, seeking to understand why households are facing the highes...
May 11, 2023
Carrefour Brasil in talks with Barzel Properties over $260 million deal
SAO PAULO (Reuters) - Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the sale of five distribution centers and five stores for 1.3 billion reais ($259...
May 11, 2023
Binance.US explores ways to cut founder Changpeng Zhao’s majority stake – report
(Reuters) - Binance.US and Changpeng Zhao, the crypto exchange's founder and majority owner, have been exploring ways to reduce his stake in the company, the Information reported on Thursday, citing t...
May 11, 2023
Newcrest extends exclusivity period for Newmont’s $20 billion buyout offer
(Reuters) -Newcrest Mining Ltd said on Friday it has extended the exclusivity period by a week for Newmont Corp to complete its due diligence on its A$29.4 billion ($19.94 billion) final takeover offe...
May 11, 2023
Australia’s QBE Insurance hikes premium outlook after strong first quarter
(Reuters) - Australia's QBE Insurance Group Ltd on Friday marginally hiked its gross written premium (GWP) growth forecast for fiscal 2023 after a strong start to the year for premium growth and on ex...
May 11, 2023
Brazil’s JBS swings to loss, citing grain costs and meat oversupply
By Roberto Samora and Ana Mano SAO PAULO (Reuters) - JBS SA, the world's largest meat company, on Thursday reported a net loss of 1.45 billion reais ($290.2 million) for the first quarter, blaming hig...
May 11, 2023
France bags battery gigafactory with aggressive lobbying, incentives
By Gilles Guillaume PARIS (Reuters) - France beat out competition from Germany and the Netherlands for ProLogium's first overseas car battery plant with lobbying from President Emmanuel Macron, deal s...
May 11, 2023
Brazil’s Embraer agrees $5 billion aircraft sales deal with NetJets
SAO PAULO (Reuters) - Brazilian planemaker Embraer SA said on Thursday it will sell up to 250 units of its Praetor 500 aircraft to NetJets Inc in a deal valued at $5 billion. Delivery of the aircrafts...
May 11, 2023
Peoria, IL, USA
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