How two private equity firms negotiated New Relic deal down to $6.5 billion
By Anirban Sen and Milana Vinn NEW YORK (Reuters) -Buyout firms Francisco Partners and TPG saved hundreds of millions of…
August 3, 2023
Flooded rivers, trapped residents test China’s disaster response
By Liz Lee, Ryan Woo and Ethan Wang BEIJING (Reuters) -From coping with dangerously swollen rivers to helping residents trapped…
Analysis-Mission possible? Power companies more hopeful of Trudeau climate goal than Alberta premier
By Rod Nickel WINNIPEG, Manitoba (Reuters) – Prime Minister Justin Trudeau is aiming to turn Canada’s power grid net-zero by…
Hasbro to sell eOne film and TV unit to Lionsgate for $500 million
(Reuters) -Hasbro said on Thursday it would sell its eOne film and TV studio to Lionsgate Entertainment for about $500…
TSX falls to three-week low as US downgrade hits sentiment, Nutrien tumbles
By Siddarth S (Reuters) -Canada’s main stock index fell to more than three-week lows on Thursday as Fitch’s surprise downgrade…
Gloomy Spirit, Expedia reports drag travel stocks lower on demand slowdown fears
(Reuters) – U.S. travel stocks fell in early trading on Thursday following downbeat quarterly reports from Spirit Airlines and Expedia…
Massachusetts regulators launch probe into AI in securities industry
By Nate Raymond and Chris Prentice BOSTON (Reuters) -Massachusetts securities regulators have opened an investigation into the ways in which…
China’s central bank to guide more financial resources to support private sector
BEIJING (Reuters) – China’s central bank governor pledged on Thursday to guide more financial resources towards the private economy, suggesting…
Niger coup leaders blamed insecurity; conflict data paints a different picture
By Edward McAllister DAKAR (Reuters) -When Niger’s coup leader Abdourahmane Tiani announced the overthrow of President Mohamed Bazoum on television…
Tesla faces California class action on its EV range claims
(Reuters) – Three Tesla owners in California on Wednesday sued the automaker in a proposed class action that accuses the…