(Reuters) – Nielsen Holdings on Tuesday agreed to go private for $10.06 billion in a sweetened deal with private equity firms led by Elliott Management and Brookfield Asset Management, days after the TV rating firm rejected a bid from the group. The deal offers $28 for each Nielsen share, a premium of 60% since early…
BARCELONA, Spain (AP) — Amid the mayhem provoked in the world energy market by Russia’s invasion of Ukraine, Spain and Portugal have emerged in a strategically advantageous position as an “energy island” in Europe, with a relatively low reliance on Russian natural gas. Leaders in renewable energy thanks to solar, wind and hydraulic power, Spain…
The trend of mega cap growth stocks splitting shares continues. Tesla (TSLA) plans to ask shareholders to authorize additional shares to enable a stock split at this year’s annual meeting. This would mark the second split for the TSLA in two years. The Pavlovian response has been to buy the stock on these announcements. Do…
By Cooper Inveen ACCRA (Reuters) – Ghana’s parliament approved a new 1.5% tax on electronic payments, known as the “e-levy,” on Tuesday after the opposition walked out in protest. Finance Minister Ken Ofori-Atta proposed the e-levy in November to widen the tax net and has presented it as a panacea for Ghana’s raft of financial…
By Pete Schroeder WASHINGTON (Reuters) – Four women will take seats on the Commodity Futures Trading Commission, returning the derivatives regulator to full strength, after a unanimous U.S. Senate vote hailed as historic by the chair of the Senate Agriculture Committee. “This confirmation makes history because all four nominees are women, three of whom are…
MADRID (AP) — The European Union’s drug regulator said Tuesday it has begun an accelerated review process for an experimental coronavirus vaccine booster made by the Spanish company Hipra. The European Medicines Agency said in a statement that its evaluation is based on preliminary data from laboratory studies and research in adults that compared Hipra’s…
SILVER SPRING, Md. (AP) — U.S. consumer confidence bounced back in March and remains high, though consumers’ short-term outlook is not quite as rosy. The Conference Board, a business research group, said Tuesday that its consumer confidence index — which takes into account consumers’ assessment of current conditions and their outlook for the future —…
WASHINGTON (AP) — Job openings hovered at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation. There were 11.3 million available jobs last month, matching January’s figure and just below December’s record of 11.4 million, the Labor Department said Tuesday….
(Reuters) -Johnson & Johnson said on Tuesday it would halt sale of personal care products in Russia, joining other companies that have limited their business in the country in response to its invasion of Ukraine. J&J said it would continue to supply medicines and medical devices in the region as those are excluded from Western…
WASHINGTON (Reuters) – The U.S. Transportation Department said Tuesday it had approved the bid of China Eastern Airlines Corp to temporarily move New York to Shanghai flights over COVID-19 measures to a different Chinese airport. The department granted China Eastern’s request starting March 31 to move existing twice-weekly Shanghai westbound passenger flights from New York…
