Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Liontown extends due diligence by a week for $4.2 billion buyout by Albemarle
(Reuters) - Lithium miner Liontown Resources on Thursday said it would extend the exclusive due diligence period by a week for its proposed A$6.6 billion ($4.23 billion) buyout by U.S. firm Albemarle ...
Oct 11, 2023
Goldman Sachs sues Malaysia as discord over 1MDB settlement escalates
(Reuters) -Goldman Sachs Group is suing Malaysia in a UK court, a source familiar with the matter told Reuters, as tensions escalate over a settlement linked to its role in the 1MDB investment-fund sc...
Oct 11, 2023
Pioneer’s mega-sale to Exxon will trigger $71 million in exec windfalls
By David French NEW YORK (Reuters) - Senior management at Pioneer Natural Resources will likely be out of a job once the company's $60 billion sale to Exxon Mobil is completed, but the top brass will ...
Oct 11, 2023
Marketmind: Fed pivot reality check for emerging markets?
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Unexpectedly high U.S. producer price inflation figures on Wednesday could cool...
Oct 11, 2023
Air Canada sued by Miami-based Brink’s in relation to $17 million gold and cash heist
(Reuters) - Air Canada has been sued by Miami-based transport and security services provider Brink's, which alleged the airline of "negligence and carelessness" related to a gold and cash heist at a T...
Oct 11, 2023
AIG reshuffles leadership to focus on underwriting business
(Reuters) - American International Group (AIG) on Wednesday appointed company insiders David McElroy, Don Bailey, and Jon Hancock to key positions in a bid to strengthen its underwriting performance. ...
Oct 11, 2023
Bankrupt Envision Healthcare gets OK to split in two, cut $7 billion debt
By Dietrich Knauth NEW YORK (Reuters) - Envision Healthcare, which is backed by private equity firm KKR & Co and provides outsourced emergency department services to hospitals, on Wednesday received U...
Oct 11, 2023
Fed’s Collins says central bank may have to hike again if data calls for it
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Wednesday while the odds of the economy escaping a recession have grown, it's possible the central ...
Oct 11, 2023
Air New Zealand eyes lower earnings for first half after ‘unique’ 2023
(Reuters) - Air New Zealand on Thursday flagged lower first-half earnings for fiscal 2024 on the back of a recent softness in domestic travel demand, coupled with volatility in jet fuel prices. New Ze...
Oct 11, 2023
Morgan Stanley sees greater chance for Brazilian IPOs next year
By Paula Arend Laier SAO PAULO (Reuters) - While Brazilian investors have endured two straight years without any local companies launching initial public offerings (IPOs), that could change in 2024, a...
Oct 11, 2023
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