Forbes Explores Sale, Hires Citigroup As Banker
(Reuters) -Forbes said on Tuesday it was exploring a sale of its business and had hired Citigroup to manage the…
Reuters
Forbes Said To Explore Sale – NYT
(Reuters) – Media firm Forbes is exploring a sale of its business at a price of at least $630 million,…
Horror Author Stephen King Says Writers Hurt By Book Publishing Mergers
By Diane Bartz WASHINGTON (Reuters) -Horror author Stephen King said writers will have fewer places to shop their books if…
Mexico Anti-inflation Subsidies Come With $28 Billion Price Tag
MEXICO CITY (Reuters) – Subsidies from the Mexican government to combat rising inflation in the country have cost some 575…
Saudi Arabia Sets Up Investment Promotion Agency
DUBAI (Reuters) – Saudi Arabia has set up an agency to promote investment in the country, a key goal of…
Italy’s Communication Authority Fines Google Over Gambling Advertising
MILAN (Reuters) – Italy’s communication authority said on Tuesday it had fined tech giant Google, owned by parent company Alphabet,…
HSBC Hard Sells Growth Plan To Disgruntled Investors After Rebuffing Breakup
By Selena Li and Anshuman Daga HONG KONG/SINGAPORE (Reuters) – A day after rebuffing a break-up plan by its top…
Marathon Petroleum Posts Bumper Profit On Soaring Fuel Prices
(Reuters) – Marathon Petroleum smashed quarterly profit estimates on Tuesday, the latest U.S. refiner to benefit from a surge in…
BP Boosts Dividend After Profit Hits 14-year High
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP’s second quarter profit soared to $8.45 billion, its highest in…
Schiphol Airport Says Passenger Caps To Continue Through October
AMSTERDAM (Reuters) -Amsterdam’s Schiphol Airport said on Tuesday that passenger caps introduced for the summer season to cope with long…