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Hedge funds stand to lap up bearish profits from bank stock rout
By Nell Mackenzie LONDON (Reuters) - Hedge funds ended last week positioned to scoop up winning profits from bearish positions on bank stock falls, according to a note by Goldman Sachs sent to clients...
Syndicated Content Mar 13, 2023
Rivian, Amazon in talks to end exclusivity part of electric van deal – WSJ
(Reuters) -Electric-vehicle maker Rivian Automotive Inc and its largest shareholder Amazon.com Inc are in talks to end the exclusivity part of their electric van deal, the Wall Street Journal reported...
Syndicated Content Mar 13, 2023
SVB Financial mulls strategic options
By Mehnaz Yasmin (Reuters) -Defunct startup-focused lender SVB Financial Group said on Monday that it was planning to explore strategic alternatives for its businesses, including the holding company, ...
Syndicated Content Mar 13, 2023
CNH Industrial buys Augmenta to boost crop treatment accuracy
MILAN (Reuters) - Italian-American vehicle maker CNH Industrial has acquired U.S. company Augmenta, valuing its strategic partner at $110 million, in a bid to help farmers harness technology to increa...
Syndicated Content Mar 13, 2023
Advent International joins list of suitors for sandwich chain Subway – Sky News
(Reuters) - Buyout firm Advent International is among a list of firms that remain in contention to buy sandwich chain Subway, Sky News reported on Monday. The firm joins rival bidders including Goldma...
Syndicated Content Mar 13, 2023
Italy’s Enel, UK’s newcleo link up on nuclear energy technology
MILAN (Reuters) - Italy's biggest utility Enel and 'clean' nuclear technology company newcleo have signed an agreement to work together on the British start-up's technology projects aimed at providing...
Syndicated Content Mar 13, 2023

UPDATE: Shots fired near West Peoria bar leaves three injured
UPDATED 8:22 A.M. WEST PEORIA, Ill. — Peoria County deputies were called to the area near KG’s Sports Bar & Grill on W. Farmington Road in West Peoria around 1:40 a.m. Monday morning o...
Julia Bradley Mar 13, 2023
Applied Materials announces new $10 billion share buyback plan, hikes dividend
(Reuters) -Applied Materials, which makes equipment to produce chips, said on Monday that its board has approved a new $10 billion share repurchase scheme, and also raised its quarterly dividend. Shar...
Syndicated Content Mar 13, 2023
Volkswagen: no rush to decide on new European battery plants
By Victoria Waldersee WOLFSBURG (Reuters) -Volkswagen's battery needs are covered until 2028 by its three confirmed factories in Europe - the Salzgitter plant in Germany, Northvolt's plant in Sweden a...
Syndicated Content Mar 13, 2023
Italy says hopes EU acts to shore up banks if needed, after SVB collapse
ROME (Reuters) - Italy's Economy Minister Giancarlo Giorgetti is closely watching market developments following the collapse of the Silicon Valley Bank (SVB), the ministry said on Monday, adding that ...
Syndicated Content Mar 13, 2023
Peoria, IL, USA
43 °F Overcast
