By David Carnevali (Reuters) -NV5 Global Inc, a U.S. engineering consultant whose business has taken a hit from its exposure to commercial real estate, is exploring a sale, according to people familiar with the matter. NV5 is in the early stages of a sale process and is working with advisers to establish whether a deal…
By Manya Saini and Hannah Lang (Reuters) -Private equity firm KKR has agreed to purchase a substantial portion, or up to 40 billion euros ($43.71 billion), of payments company PayPal’s buy now, pay later (BNPL) loans in Europe, the companies said on Tuesday. Even though BNPL remains popular after the pandemic-led surge in its use…
MEXICO CITY (Reuters) – Mexico’s central bank will likely keep its benchmark interest rate unchanged in its next monetary policy decision, a Reuters poll showed on Tuesday, amid a slowdown in inflation. The 20 analysts polled by Reuters see the Latin American country’s central bank maintaining borrowing costs at the current rate of 11.25% for…
By Brendan Pierson and Disha Raychaudhuri (Reuters) – Companies accused of fueling the U.S. opioid crisis have so far paid out more than $3 billion to compensate states, but has any of the money reached the people who need it? It depends where you live. Yes, if you’re in Massachusetts; no, in Texas. A series…
By Joanna Plucinska and Valerie Insinna PARIS (Reuters) – India dominated the Paris Airshow for a second day on Tuesday, as Air India finalised a huge order for 470 planes from Airbus and Boeing. The agreement, when sketched out in February, was the largest ever plane deal by number of aircraft. But it was surpassed…
MILAN (Reuters) – UniCredit can keep rewarding investors at the current pace for at least another two years, its chief executive said on Tuesday as the bank prepared to launch its second share buyback this year. After walking away from a rescue deal for state-owned rival Monte dei Paschi, CEO Andrea Orcel has bet on…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Proxy advisory firm Institutional Investor Services urged Alkermes shareholders to elect one of three director candidates proposed by activist hedge fund Sarissa Capital, arguing more outside pressure on management is needed right now. ISS said Sarah Schlesinger, a physician with experience serving on public company boards, should be…
By Philip Blenkinsop BRUSSELS (Reuters) -The European Union executive presented on Tuesday its economic security plan which seeks to convince the bloc’s 27 states to agree stronger controls on exports and outflows of technologies that could be put to military use by rivals like China. The European Commission sees exporting and sharing emerging technologies like…
By Blake Brittain (Reuters) – The U.S. Supreme Court ruled on Tuesday that Disney must face a New Jersey toy creator’s lawsuit that claimed the company violated her trademark rights with its character Lots-o’-Huggin’ Bear from the blockbuster 2010 film “Toy Story 3.” The justices threw out a lower court’s ruling that Disney was protected…
By Baranjot Kaur and Akanksha Khushi (Reuters) -Binance, the world’s biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the regulatory agency is resolved. The agreement, disclosed in…
