Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Exclusive-AREX Capital urges Office Depot owner ODP to split off units-letter
By Svea Herbst-Bayliss NEW YORK (Reuters) - AREX Capital is urging office supply company ODP Corp. to separate its brick and mortar retail unit and sell its procurement platform Varis, according to a ...
Syndicated Content Dec 18, 2023
Door maker Masonite to acquire PGT Innovations in $3 billion deal
(Reuters) - Door maker Masonite International said on Monday it will acquire PGT Innovations, a manufacturer and supplier of windows and doors, for $3 billion in a bid to expand its business. PGT shar...
Syndicated Content Dec 18, 2023
Red Sea attacks force rerouting of vessels, disrupting supply chains
DUBAI (Reuters) - Mounting attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea are disrupting maritime trade as leading global freight firms reroute around the Cape of Goo...
Syndicated Content Dec 18, 2023
Shipping stocks extend rally as Red Sea traffic paused
MILAN (Reuters) -Shipping stocks kept rising across Europe on Monday after A.P. Moller-Maersk and other top freight firms paused journeys through the Suez Canal following attacks on vessels in the Red...
Syndicated Content Dec 18, 2023
Wyndham asks shareholders to reject Choice Hotels’ offer
(Reuters) - Budget hotel operator Wyndham Hotels & Resorts on Monday asked its shareholders to reject Choice Hotels takeover offer, citing regulatory review of up to 24 months and lower valuation. Las...
Syndicated Content Dec 18, 2023
Higher rates trigger big retreat in global non-bank sector
By Huw Jones LONDON (Reuters) - Multi-trillion dollar non-banking finance saw its first major retreat last year since the global financial crisis in 2009, with the shrinkage due to higher interest rat...
Syndicated Content Dec 18, 2023
Morocco to hit record tourism arrivals despite headwinds
By Ahmed Eljechtimi RABAT (Reuters) - Morocco's tourism industry looks set to have had a record year, boosting the wider economy, despite September's earthquake and what sector professionals see as so...
Syndicated Content Dec 18, 2023
Fed’s Mester says next phase is to see how long its policy needs to remain ‘restrictive’ – FT
(Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said financial markets had got "a little bit ahead" of the central bank on when to expect interest rate rates, the Financial Time...
Syndicated Content Dec 18, 2023
EU opens proceedings against X in first probe under new rules
By Supantha Mukherjee PARIS/STOCKHOLM (Reuters) -The European Union on Monday said it would launch an investigation of social media company X, formerly known as Twitter, over a suspected breach of obl...
Syndicated Content Dec 18, 2023
Futures edge higher as Treasury yields slip, eyes on data
(Reuters) - U.S. stock index futures edged higher on Monday as Treasury yields slipped ahead of economic data this week that could offer insights on when the Federal Reserve could start cutting intere...
Syndicated Content Dec 18, 2023





