TDR, Sycamore in talks for joint Subway bid -sources
By Anirban Sen and Abigail Summerville NEW YORK (Reuters) – Private equity firms TDR Capital and Sycamore Partners are in…
August 2023
Turkey’s economic team holds first investor meeting since policy U-turn
By Jonathan Spicer and Orhan Coskun ISTANBUL (Reuters) – Turkey’s new-look economic team met for the first time with dozens…
Exchange operator Cboe’s profit rises on swelled up trading volumes
By Jaiveer Shekhawat and Laura Matthews (Reuters) – Exchange operator Cboe Global Markets on Friday reported a rise in its…
Maersk warns of slower demand for container shipping
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand…
Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood
By Niket Nishant (Reuters) -Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets by nearly 90%,…
Putin signs law on windfall tax
(Reuters) – President Vladimir Putin has signed a law introducing a windfall tax on excess profits of Russian companies, which…
Meme stock Tupperware jumps as debt restructuring deal fires up retail army
By Medha Singh and Savyata Mishra (Reuters) -Shares of Tupperware Brands surged 44% on Friday, after the kitchen storage container…
Explainer-Charting the Fed’s policy path
(Reuters) – Investors are increasingly of a mind that the U.S. Federal Reserve has delivered the final installment of what…
Jailed Russian opposition politician Navalny gets 19 more years in prison, says his team
MELEKHOVO, Russia (Reuters) -Jailed Russian opposition politician Alexei Navalny was sentenced on Friday to an additional 19 years in prison…
Canada’s Ivey PMI shows activity contracting in July
TORONTO (Reuters) – Canadian economic activity contracted in July for the first time in seven months as a measure of…