Icahn restructures $3.7 billion in loans to remove company’s stock drag
(Reuters) -Carl Icahn disclosed on Monday he restructured $3.7 billion in personal loans to remove a link between his obligation…
Economy
Fed’s Mester: More hikes needed to bring inflation back down to target
By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Loretta Mester said on Monday that still-strong levels of…
Latin America, Caribbean saw record 2022 investment -UN commission
SANTIAGO (Reuters) -Latin America and the Caribbean received record flows of foreign direct investment (FDI) last year, a United Nations…
Italy collects around $3 billion from 2023 energy windfall tax
By Giuseppe Fonte ROME (Reuters) – Italy has collected around 2.8 billion euros ($3.07 billion) from this year’s windfall tax…
New York Times to dismantle sports desk, rely on The Athletic for coverage
(Reuters) – The New York Times said on Monday it is disbanding its sports desk and will rely on The…
Morgan Stanley hires JPMorgan’s North America M&A head -sources
By Svea Herbst-Bayliss and Anirban Sen (Reuters) -Morgan Stanley has hired senior investment banker Marco Caggiano from JPMorgan Chase &…
Revolution Beauty says it could settle with shareholder Boohoo in coming days
(Reuters) – UK-based Revolution Beauty said on Monday it could reach a settlement with top shareholder Boohoo over board changes…
Airbus opens new assembly line for small jets in A380’s shadow
By Tim Hepher TOULOUSE, France (Reuters) – Europe’s Airbus inaugurated a new assembly line for its A321neo jetliner in southwest…
Bank of Israel pauses rate hikes but warns further rises possible
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel left short-term borrowing rates unchanged on Monday for…
Wells Fargo promotes head of Native American banking to managing director
NEW YORK (Reuters) – Wells Fargo promoted Dawson Her Many Horses, head of Native American Banking, to managing director, one…