Category Archives:
Carvana adopts shareholder rights plan to protect ability to reduce future tax bills
(Reuters) - Carvana Co said it has adopted a "poison pill" to limit shareholders from increasing stake, which would make it difficult for the used car retailer to use its net operating loss (NOL) carr...
Jan 17, 2023
Crypto hedge funds ended 2022 down almost 50% – BarclayHedge data
By Nell Mackenzie LONDON (Reuters) - Hedge funds trading crypto currencies tracked by index provider BarclayHedge ended 2022 down almost 50%, the research firm said on Tuesday, a sign that the collaps...
Jan 17, 2023
Ryanair CEO O’Leary sees no sign of recession
By Sarah Young LONDON (Reuters) -Low-cost carrier Ryanair is not seeing any signs of recession, Chief Executive Officer Michael O'Leary said on Tuesday, pointing to two weeks of record bookings this J...
Jan 17, 2023
Meta’s oversight board calls for more inclusive adult nudity policy
(Reuters) - Meta Platforms' oversight board on Tuesday overturned the company's decision to remove two Instagram posts depicting transgender and non-binary people with bare chests, saying that Meta ne...
Jan 17, 2023
Americanas’ Rial says billionaire backers fully supported ‘course correction’
SAO PAULO (Reuters) - The outgoing chief executive of troubled Brazilian retailer Americanas SA said on Tuesday the company's billionaire backers gave him "unconditional support" after nearly $4 billi...
Jan 17, 2023
Davos 2023: Trip.com hopes China overseas travel capacity back to normal by Q3
By Brenda Goh DAVOS, Switzerland (Reuters) - Travel website operator Trip.com Group Ltd is working with airlines and airports to encourage recovery in China's cross-border travel capacity and hopes le...
Jan 17, 2023
Deutsche Bank names new compliance head from Barclays
FRANKFURT (Reuters) - Deutsche Bank has appointed a Barclays executive to oversee compliance at Germany's largest lender, according to an internal memo circulated on Tuesday and seen by Reuters. Deuts...
Jan 17, 2023
Peloton names former Twitter executive Leslie Berland as Chief Marketing Officer
(Reuters) - Peloton Interactive Inc named former Twitter Inc executive Leslie Berland as Chief Marketing Officer on Tuesday, as the once high-flying connected fitness equipment works to recharge sales...
Jan 17, 2023
India’s Russian oil binge drags down OPEC’s share to lowest in 2022
By Nidhi Verma NEW DELHI (Reuters) - Russia became the third-largest oil supplier to India in 2022, making up about 15% of total purchases, dragging down OPEC's share to the lowest in more than a deca...
Jan 17, 2023
Morgan Stanley comfortable on headcount, takes mark-to-market losses on Twitter
By Saeed Azhar NEW YORK (Reuters) - Morgan Stanley is comfortable with its headcount after recent action to reduce jobs in December, Chief Financial Officer Sharon Yeshaya told Reuters on Tuesday. "We...
Jan 17, 2023
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