Reuters exclusively reported that Macy’s Inc has agreed to open its books to Arkhouse and Brigade Capital, a potential breakthrough in the investment firms’ $6.6… Read More »Macy’s Opens Its Books In Company Sale Talks
Reuters exclusively reported that fund manager Fidelity International is planning to lay off 20 people at its main China unit, equivalent to 16% of its… Read More »Fidelity International Plans To Cut 16% Of China Fund Unit Jobs
Reuters exclusively reported that the founding family behind Nordstrom Inc is seeking to take the U.S. department store operator private, six years after a similar… Read More »Nordstrom’s Founding Family In New Bid To Take U.S. Retailer Private
Reuters exclusively reported that the United States is pressing Austria’s Raiffeisen Bank International, the biggest Western bank in Russia, to drop plans to buy a… Read More »Washington Pressures Austria’s Raiffeisen To Drop Russian Tycoon Deal
Reuters exclusively reported on EU antitrust chief Margrethe Vestager warning that new fees for Apple and Meta Platforms services could hinder users from enjoying the… Read More »EU’s Vestager Warns About Apple, Meta Fees, Disparaging Rival Products
Reuters exclusively reported that India’s Vishal Mega Mart is planning a $1 billion initial public offering that would value the budget supermarket chain at up… Read More »India’s Vishal Mega Mart Planning $1 Billion IPO
Reuters exclusively reported that Goldman Sachs Asset Management, a unit of Goldman Sachs Group, aims to expand its private credit portfolio to $300 billion in… Read More »Goldman Sachs Seeks To Expand Private Credit Portfolio To $300 Billion In Five Years
Reuters was first to report on Southwest Airlines slashing its Boeing jet delivery forecast by more than 40%. The carrier’s shares tumbled nearly 15% in… Read More »Southwest Cuts Delivery Forecast From Boeing
Reuters exclusively reported that major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans,… Read More »African Cocoa Plants Run Out Of Beans As Global Chocolate Crisis Deepens
Reuters exclusively reported that the U.S. Justice Department is investigating Archer-Daniels-Midland’s ethanol trading operation as part of a broader probe of the commodities giant’s accounting… Read More »US Justice Department Is Also Probing ADM’s Ethanol Trading Desk