UK Government Cuts NatWest Stake Below 10% on Path to Full Exit
LONDON – The British government has cut its stake in Natwest Group (LON: NWG) to below 10%, it said on […]
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Edward Cooke
Author's Articles
Private Medicare Plans Must Cover Biogen’s ALS Drug, US Agency Says
The Centers for Medicare & Medicaid Services has directed private insurers providing Medicare Advantage plans to cover Biogen’s (NASDAQ: BIIB) […]
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Epic Games Partners with Telefónica to Launch Game Store on Millions of Android Devices
Telefónica (NYSE: TEF), the telecom giant, is partnering with Epic Games to bring the “Fortnite” video game maker’s marketplace app […]
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Futures Slip After Strong S&P 500 and Nasdaq Close
Futures linked to Wall Street’s main indexes took a pause on Thursday after the S&P 500 and Nasdaq ended the […]
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NYSE President Sees Active IPO Market in 2025
NEW YORK – The market for U.S. initial public offerings could see high levels of interest from investors next year, […]
Synopsys Offers to Sell Two Assets to Secure EU Approval for $35 Billion Ansys Deal: Report
BRUSSELS – Synopsys (NASDAQ: SNPS), the chip design software company, has offered to sell an Ansys (NASDAQ: ANSS) unit on […]
Verdict on Swiss Handling of Credit Suisse Meltdown to Set Tone for UBS
ZURICH – A long-awaited report on how Swiss authorities handled the collapse of Credit Suisse is due to be published […]
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BlackRock’s Private Markets Push Likely to Continue Beyond 2024 Buyout Spree
NEW YORK – BlackRock (NYSE: BLK) may continue its 2024 dealmaking splurge as the world’s largest asset manager opportunistically looks […]
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Report Blames US Labor Department’s Statistical Leadership for Data Missteps
WASHINGTON – The U.S. Bureau of Labor Statistics’ leadership was to blame for a series of missteps this year that […]
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Sharp Downgrades to US Unit Labor Costs Bode Well for Inflation Outlook
WASHINGTON – U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still […]
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Walgreens in Talks to Be Taken Private by Sycamore Partners, Source Says
Walgreens Boots Alliance (NASDAQ: WBA) is in talks to sell itself to private equity firm Sycamore Partners, according to a […]
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US Importers to Accelerate Shipments to Record Levels Amid Tariff and Strike Threats
NEW YORK – The United States’ busy ports kicked activity up a notch in November and December when inbound cargo […]
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Equinor Postpones Start of Arctic Castberg Oilfield to Early 2025
COPENHAGEN – On Tuesday, Equinor (NYSE: EQNR) said that its Arctic Johan Castberg oilfield startup has been postponed to January […]
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Unilever CFO Takes on Additional Responsibility Amid Operational Overhaul
On Monday, Unilever (NYSE: UL) said CFO Fernando Fernandez would take on more responsibilities, including overseeing supply chain and procurement, […]
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Apollo-Owned Novolex to Take Rival Pactiv Evergreen Private in $6.7 Billion Deal
Novolex, the packaging firm, will buy rival Pactiv Evergreen (NASDAQ: PTVE) in a $6.7 billion deal, as the Apollo Global […]
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BYD on Track to Top 2024 Sales Goal and Outsell Ford, Honda
SHANGHAI/BEIJING – China’s top electric vehicle maker BYD gained market share as the world’s largest auto market recorded its fastest-growing […]
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Stellantis to Rejoin ACEA Auto Manufacturers Association
MILAN – On Friday, Stellantis (NYSE: STLA) said it planned to rejoin European auto lobby ACEA, which it had left […]
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Two US Senators Seek Antitrust Probe of DraftKings, FanDuel
WASHINGTON – Two U.S senators have asked the Federal Trade Commission and Justice Department to investigate online betting platforms DraftKings […]
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Stellantis Recalls 317,630 US Vehicles Over Hydraulic Control Issues
Stellantis (NYSE: STLA) is recalling 317,630 vehicles in the U.S. due to a problem with the hydraulic control unit that […]
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Stellantis Partners with Zeta Energy to Develop Lithium-Sulfur EV Batteries
MILAN – Stellantis (NYSE: STLA) has signed an agreement with U.S.-based Zeta Energy to develop cheap lithium-sulfur batteries for electric […]
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Intel Names Two Chip Industry Veterans to Its Board Amid CEO Search
On Thursday, Intel (NASDAQ: INTC) named two chip industry veterans to its board, as the struggling semiconductor firm looks for […]
Intel Names Two Chip Industry Veterans to Its Board Amid CEO Search Read More »
US Judge Rejects Boeing Plea Deal Over Deadly 737 MAX Crashes
On Thursday, a U.S. judge rejected Boeing’s (NYSE: BA) agreement to plead guilty to fraud in the wake of two […]
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Exclusive: HSBC Appoints Lisa McGeough to Lead US as CEO Elhedery Shuffles Leaders
NEW YORK – HSBC Holdings (NYSE: HSBC) promoted Lisa McGeough to become its CEO for the United States at the […]
Exclusive: HSBC Appoints Lisa McGeough to Lead US as CEO Elhedery Shuffles Leaders Read More »
Spanish Regulator Postpones BBVA-Sabadell Decision Until Antitrust Review Concludes
MADRID – The Spanish stock market regulator, the CNMV, will wait for the outcome of the competition watchdog’s review of […]
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