(Reuters) -CVS Health Corp is seeking to buy Signify Health Inc as it looks to expand in-home health services, the Wall Street Journal reported on Sunday, citing sources. Signify Health is working with bankers to explore strategic alternatives, including a sale, the Journal reported last week. Initial bids are due this coming week, and CVS…
(Reuters) – CVS Health Corp is planning to buy Signify Health Inc as it looks to expand in home-health services, the Wall Street Journal reported on Sunday, citing sources. Initial bids are due this coming week and CVS is planning to accept one, the reportsaid. WSJ reported last week that Signify Health is working with…
BEIJING (AP) — China’s export growth continued to rise in July, sending trade surplus to a record high, according to government data. China’s exports grew 18% to $333 billion compared to the same period last year, and were up from 17.9% in June, according to data from China’s customs. Imports, however, remained soft, growing 2.3%…
By Saqib Iqbal Ahmed NEW YORK (Reuters) -A rally in U.S. stocks that has powered on despite skepticism from Wall St faces a reality check in the coming week, as key inflation data threatens to shut the door on expectations of a dovish shift from the Federal Reserve. The S&P 500 has walked a tightrope…
By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a COVID-induced slump, but weakening global demand could start to drag on shipments in coming months. Exports rose 18.0% in July from a year earlier,…
By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a COVID-induced slump, but weakening global demand could start to drag on shipments in coming months. Exports grew 18.0% in July from a year earlier,…
BEIJING (Reuters) – China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as it struggles to recover from a sharp, COVID-induced slump, though imports remained sluggish. Outbound shipments grew 18.0% in July from a year earlier, the fastest pace this year, official customs data showed on Sunday, compared…
BERLIN (Reuters) – The worst is over for German airline Lufthansa after staff shortages caused flight chaos over the summer, but levels of sick leave remain challenging, board member Christina Foerster told newspapers in the Funke Media group. Airlines across Europe have struggled to cope with a strong rebound in holiday season demand after the…
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company’s Berkshire Hathaway Energy unit for $870 million. In its quarterly report, Berkshire said the energy unit bought out Abel…
(Reuters) – Elon Musk on Saturday challenged Twitter Inc Chief Executive Officer Parag Agrawal to a public debate about the percentage of bots on the social media platform. “Let him prove to the public that Twitter has <5% fake or spam daily users!,” Musk said in a tweet. He also started a poll asking users…
