Agnellis’ Exor Buys 15% Stake in Philips for Around $2.8 Billion
The Agnelli family’s Exor NV bought a minority stake in Dutch medical technology company Koninklijke Philips NV. Exor,
2023-08-14 13:50
Scholz Sees Green Tech Investment Rousing Germany’s Slow Economy
Chancellor Olaf Scholz sees upcoming green tech investments in Germany helping revive growth in Europe’s largest economy. Spending
2023-08-13 23:28
US Finally Joins Allies in Sanctioning Four Russian Tycoons
The US imposed sanctions on four Russian tycoons who helped found the Alfa Group banking conglomerate, finally joining
2023-08-12 02:45
Trucking firm Yellow extends bankruptcy loan negotiations until next week
NEW YORK Trucking firm Yellow Corp will extend negotiations on a bankruptcy loan until next week, seeking to
2023-08-11 22:47
US Supreme Court to scrutinize Purdue Pharma bankruptcy settlement
By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday agreed to hear a challenge by
2023-08-11 04:19
Tokyo Electron Says Chinese Firms Are Buying Up Legacy Chip Tech
Chinese chipmakers are speeding up investments in mature semiconductor equipment as the US and its allies tighten export
2023-08-10 18:17
Trucking firm Yellow explores alternate bankruptcy loans
By Dietrich Knauth NEW YORK (Reuters) -Bankrupt trucking company Yellow Corp will not seek court approval to borrow $142.5 million
2023-08-10 03:49
Bob Iger was supposed to save Disney. It's not going according to plan
When Bob Iger returned to the helm of Disney nine months ago, after a brief retirement, the company and its shareholders seemed to breathe a collective sigh of relief.
2023-08-09 19:25
Adani Enterprises Weighs Exiting $6 Billion Wilmar Venture
Adani Enterprises Ltd. is exploring selling its stake in its Mumbai-listed consumer-staple joint venture with Wilmar International Ltd.,
2023-08-09 09:50
Amazon In Talks to Be Anchor Investor in Arm IPO, Reuters Says
Amazon.com Inc. is in talks to join other tech companies as an anchor investor in Arm Ltd.’s initial
2023-08-09 07:18
US congressional panel probes FTC regulation of vision care insurance
By Kanishka Singh WASHINGTON The U.S. House of Representatives Oversight Committee said on Tuesday it has opened a
2023-08-09 06:18
Teamsters union pushes for US bankruptcy reform after Yellow's collapse
By Dietrich Knauth NEW YORK The International Brotherhood of Teamsters on Tuesday called for changes to U.S. bankruptcy
2023-08-09 05:56