Bayer Picks Outsider Anderson As CEO After Investor Pressure
BERLIN/FRANKFURT (Reuters) -Bayer bowed to investor pressure on Wednesday and named Bill Anderson, most recently head of Roche’s pharmaceuticals business,…
February 8, 2023
Societe Generale Drawn By U.S. SEC Into Its Widening Messaging Probe
(Reuters) – Societe Generale, France’s third biggest bank, has been drawn into a probe by the U.S. securities regulator on…
Ancora Secures Ritchie Bros Stake, Challenges Investors Opposing $6 Billion IAA Deal
By Svea Herbst-Bayliss NEW YORK (Reuters) – Ancora Group Holdings, a key shareholder in U.S. auto retailer IAA, has accumulated…
Fed’s Cook: January Job Gains Increase Hopes For Soft Landing
By Howard Schneider WASHINGTON (Reuters) – The strong January job gains of half a million new positions coupled with moderating…
Walmart Wins Lawsuit Claiming Its Fudge Mint Cookies Lack Fudge And Mint
By Jonathan Stempel (Reuters) – A federal judge in Chicago has dismissed a proposed class action lawsuit accusing Walmart Inc…
Uber Sets Sights On Profits In 2023 As Pandemic Pain Eases
(Reuters) – Uber Technologies Inc said on Wednesday it would focus on delivering profits this year, after rounding off 2022…
Two Lessors File Applications To Cancel Garuda Indonesia Restructuring Deal – Court
JAKARTA (Reuters) – Two lessors have filed applications in a Jakarta court in a bid to cancel flag carrier Garuda…
Exclusive-Peru Mines On Power Despite Protests, Though Halt Risk Looms
By Alexander Villegas and Adam Jourdan ESPINAR, Peru (Reuters) – Peru’s biggest copper mines have been able to maintain production…
SocGen Favours Prudence Over High Shareholder Return Before CEO Change
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) – Societe Generale, France’s third biggest bank, favoured financial prudence over quick…
ECB To Zero In On Soured Loans This Year As Economy Slows
FRANKFURT (Reuters) -European Central Bank supervisors will zero in on bad loans this year after finding that some euro zone…