By Anirban Sen and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney and Comcast are seeking to hire a financial adviser to resolve a dispute over how to value the 33% stake in streaming platform Hulu that the former will acquire from the latter, according to people familiar with the matter. The move is in…
(Reuters) – United Parcel Service said on Monday that its CFO and Executive Vice President Brian Newman would leave the company on June 1. UPS will evaluate internal and external candidates to replace Newman, the firm said. “My near-term priority is to focus on my health,” Newman said in a statement. The largest parcel delivery…
By Nell Mackenzie LONDON (Reuters) – Investors withdrew an estimated net $9.9 billion from hedge funds in March, up from $780 million in February and the 22nd consecutive month where industry outflows totalled more than inflows, a report from Nasdaq eVestment said on Monday. While the scale of the March outflows was not historically high,…
By Guy Faulconbridge MOSCOW (Reuters) -Russia said on Monday it would practise the deployment of tactical nuclear weapons as part of a military exercise after what the Moscow said were threats from France, Britain and the United States. Since Russia invaded Ukraine in 2022, Russia has repeatedly warned of rising nuclear risks – warnings which…
