Brazil’s Moreira Salles family launch bid for Alpargatas shares
SAO PAULO (Reuters) – An investment firm backed by Brazil’s Moreira Salles family has decided to launch a tender offer…
Business
Ford seeks to reassure investors with EV, cost cut plans
By Joseph White, David Shepardson and Ernest Scheyder DEARBORN, Michigan (Reuters) – Ford Motor Co on Monday unveiled an ambitious…
California grid operator signs off on $7.3 billion of power lines
(Reuters) – California’s electric grid operator has approved a plan expected to cost $7.3 billion for 45 new power transmission…
Disney dismisses idea of building miniparks in US
(Reuters) – Walt Disney Co on Monday dismissed the idea of building miniparks in the United States, saying the media…
Fed’s Daly: Expects unemployment rise as price of controlling inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly on Monday said…
Inflation has eroded U.S. households’ financial security, Fed survey shows
(Reuters) -The inflation wave that crested at a 40-year high last year and remains elevated has eroded U.S. households’ sense…
Private equity steps up lending as U.S. banks pull back
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – The turmoil facing U.S. regional banks has prompted some lenders…
Ryanair aims for 10% full year profit growth on strong summer
By Padraic Halpin DUBLIN (Reuters) – Ryanair aims to boost profit by 10% this year after almost record earnings for…
Microsoft defeats gamers’ bid to block $69 billion Activision deal in US court
By Mike Scarcella (Reuters) – Microsoft Corp evaded a potential early legal obstacle in its $69 billion deal to acquire…
ECB rates to peak by summer – Villeroy
PARIS (Reuters) – European Central Bank interest rate hikes are likely to peak out by the end of summer, but…