Toshiba board recommends shareholders support $14 billion buyout
By Kiyoshi Takenaka and Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp said on Thursday its board has decided to recommend…
Business
Just Climate raises $1.5 billion with help from Microsoft fund
LONDON (Reuters) – Asset manager Just Climate said on Thursday it had raised $1.5 billion for its inaugural fund after…
Tokio Marine taps Goldman, Jefferies to sell $1bln Southeast Asia life insurance unit-sources
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG (Reuters) – Japanese insurer Tokio Marine Holdings has picked Goldman Sachs and…
US wholesale inventories revised up in April
WASHINGTON (Reuters) – U.S. wholesale inventories fell a bit less in April than initially estimated, which could provide a lift…
GameStop ousts CEO, elevates Cohen as sales fall again
By Samrhitha A and Svea Herbst-Bayliss (Reuters) – Ryan Cohen, the billionaire investor whose bold bet on GameStop Corp made…
Tesla considering building automotive investment in Spain – source
MADRID (Reuters) -U.S. electric car manufacturer Tesla is in talks with the leaders of the regional government of Valencia in…
Euro zone saw winter recession, more challenges ahead
By Philip Blenkinsop BRUSSELS (Reuters) -The euro zone economy fell into a technical recession in the first three months of…
Former JPMorgan executive Staley rejects bank’s Jeffrey Epstein accusations
By Jonathan Stempel NEW YORK (Reuters) – The former JPMorgan Chase & Co executive accused of shepherding the bank’s relationship…
Mexico’s annual inflation hits lowest since August 2021, beating forecasts
MEXICO CITY (Reuters) – Mexico’s annual inflation rate slowed in May for a fourth consecutive month to 5.84%, data from…
Senators ask U.S. Justice Dept to probe Binance statements to Congress
WASHINGTON (Reuters) – The U.S. Department of Justice should investigate whether cryptocurrency exchange Binance made false statements to Congress in…