Payments company Adyen’s shares plummet by a third after earnings miss
By Toby Sterling and Elizabeth Howcroft AMSTERDAM (Reuters) -Dutch payments processor Adyen NV’s shares fell by a third on Thursday,…
August 17, 2023
BAE snaps up Ball’s aerospace arm for $5.6 billion in its biggest deal ever
By Yadarisa Shabong (Reuters) -Britain’s BAE Systems on Thursday agreed to buy Ball Corp’s aerospace assets for about $5.55 billion…
How U.S. Steel became an acquisition target
By Anirban Sen and David Carnevali NEW YORK (Reuters) – U.S. Steel Corp attracted acquisition interest after short-term challenges, including…
BAE says $5.5 billion Ball Corp deal will help it meet Ukraine-led defence demand
By Muvija M LONDON (Reuters) – Britain’s BAE Systems said its $5.5 billion purchase of Ball Corp’s aerospace business would…
Maui’s ‘one big family’ of locals rally to aid of wildfire victims
By Jonathan Allen LAHAINA, Hawaii (Reuters) – Although Uilani Kapu’s home was spared by the wildfires that raged through West…
U.S. Mid-Atlantic manufacturing sky-rockets to 16-month high
By Safiyah Riddle (Reuters) – Manufacturing activity in the U.S. Mid-Atlantic region grew at its strongest pace since April 2022…
Japan exports fall for first time since 2021, stoking concerns about economy
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s exports fell in July for the first time in nearly 2-1/2 years, dragged down…
Chinese asset manager signals debt overhaul, stokes contagion fears
By Jason Xue and Clare Jim SHANGHAI/HONG KONG (Reuters) -A major Chinese asset manager has told its investors it needs…
Spanish Socialists’ candidate elected speaker with support of Catalan groups
MADRID (Reuters) -Spain’s Socialists had their candidate appointed speaker of the lower house of congress on Thursday with support from…
Chile’s Codelco at risk of insolvency as debt grows, CESCO report says
By Julian Luk LONDON (Reuters) – Chile’s Codelco, the world’s largest copper producer, is at risk of insolvency due to…