Investors target consumer goods makers on fears of customer exodus over high prices
By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) -Top U.S. and European investors are flagging their concerns about high…
Business
Morgan Stanley hires healthcare services banker Cohen from Truist
By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) – Morgan Stanley has hired veteran investment banker Daniel Cohen from…
Analysis-Banks step up U.S property loan tweaks to limit defaults
By Shankar Ramakrishnan and Matt Tracy (Reuters) – Banks are showing a growing willingness to rework the terms of U.S….
UK economy shows strains and gains, complicating BoE’s job
By William Schomberg LONDON (Reuters) – Britain’s economy is showing some signs of strain from the Bank of England’s 13…
Brazil’s JBS reboots plans to list in New York, shares jump 8%
By Ana Mano and Roberto Samora SAO PAULO (Reuters) -JBS SA, the world’s largest meat packer, on Wednesday proposed listing…
Shopify to launch AI assistant for merchants
(Reuters) – Canadian ecommerce firm Shopify said on Wednesday it would soon launch an artificial intelligence assistant for merchants on…
Cathie Wood’s ARK fund hits 11-month high as inflation ebbs
By David Randall NEW YORK (Reuters) – The flagship fund of star stockpicker Cathie Wood hit an 11-month high Wednesday,…
Zara founder Ortega buys US warehouse for $109 million
MADRID (Reuters) – Amancio Ortega, the founder of Zara-owner Inditex, has bought a warehouse in Los Angeles for $109 million…
US airline stock valuations stuck on runway despite travel boom
By Rajesh Kumar Singh CHICAGO (Reuters) -Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings….
Brazil’s Azul launches notes offering as part of broad restructuring plan
SAO PAULO (Reuters) – Brazilian airline Azul announced on Wednesday it is launching a public offering of senior secured notes…