Author Archives: Syndicated Content
Informatica not in acquisition talks, shares drop
(Reuters) -Data-management software firm Informatica is not currently engaged in any discussions to be acquired, the company said on Monday, after media reports of takeover interest from Salesforce. S...
Apr 22, 2024
Hedge fund Mountaineer Partners urges Vishay to buy back shares
By Svea Herbst-Bayliss NEW YORK (Reuters) - Hedge fund Mountaineer Partners is urging discrete electronic components maker Vishay Intertechnology to buy back $600 million worth of stock this year, cit...
Apr 22, 2024
Tesla shares drop on price cuts in run-up to earnings
(Reuters) - Tesla fell more than 3% in premarket trade on Monday, as its latest global price cuts fanned Wall Street concerns about dwindling margins at the electric-vehicle maker in the run-up to its...
Apr 22, 2024
Analysis-ECB governors stick to plan for multiple rate cuts despite global headwinds
By Francesco Canepa FRANKFURT (Reuters) - European Central Bank officials are sticking to plans to cut interest rates multiple times this year, even as higher U.S. inflation delays a pivot to looser p...
Apr 22, 2024
AIG's general insurance unit chair David McElroy to retire from May 1
(Reuters) - AIG said on Monday that David McElroy, the chairman of its general insurance unit, will retire effective May 1. McElroy, who took over as chairman of the unit in January this year, has agr...
Apr 22, 2024
US travel sector faces long wait for China tourism to hit 2019 highs
By Aishwarya Jain (Reuters) - The U.S. travel sector will have to wait at least two more years for lucrative Chinese tourism to recover to pre-pandemic levels as slow growth and high costs in the Asia...
Apr 22, 2024
Italy posts highest 2023 budget deficit in EU by far in latest revision
By Giuseppe Fonte ROME (Reuters) - Italy last year posted by far the highest budget deficit-to-GDP ratio in the European Union, the bloc's statistics arm Eurostat reported on Monday, after Rome's 2023...
Apr 22, 2024
Norway's reform-minded King Harald, 87, to cut back activity
By Terje Solsvik OSLO (Reuters) - Norway's 87-year-old King Harald will permanently reduce the number of official activities in which he takes part out of consideration for his age, the royal househol...
Apr 22, 2024
Russia claims second gain in two days in Ukraine's Donetsk region
MOSCOW (Reuters) - Russia said on Monday its forces had taken control of the village of Novomykhailivka 40 km (25 miles) southwest of the Ukrainian city of Donetsk, the second advance it has announced...
Apr 22, 2024
Travel firm Viking Holdings aims for up to $10.8 billion valuation in US IPO
(Reuters) -Travel firm Viking Holdings said on Monday it is seeking a valuation of up to $10.8 billion in its initial public offering in the United States, as it joins a slew of companies looking to t...
Apr 22, 2024
