Italy PM Meloni takes ‘full responsibility’ for bank tax
MILAN (Reuters) -Italian Prime Minister Giorgia Meloni on Monday took “full responsibility” for last week’s shock decision to impose a…
Updated
Air Canada beats quarterly profit estimates, flags strong demand
(Reuters) – (This August 11 story has been corrected to clarify that the name on the website, Air Canada Pilots…
European shares gain on healthcare boost; miners, energy lag
By Shashwat Chauhan (Reuters) -European shares closed higher on Monday, rebounding from a near one-week low, as gains in retail…
Embraer optimistic about quarters ahead as Q2 profit blows past estimates
By Gabriel Araujo SAO PAULO (Reuters) -Brazilian planemaker Embraer on Monday shot past market estimates for second-quarter results, with its…
AMC Entertainment to effect 10:1 reverse split on Aug. 24
(Reuters) – AMC Entertainment Holdings said on Monday its 10-to-1 reverse stock split will take place on Aug. 24 and…
Kraft Heinz CEO Patricio to step down, hand baton to insider
By Deborah Mary Sophia (Reuters) -Kraft Heinz’s CEO Miguel Patricio will step down from the role and be succeeded by…
BioXcel cuts over 50% jobs as it pivots focus to retail market for agitation drug
By Sriparna Roy (Reuters) -BioXcel Therapeutics Inc said on Monday it will cut more than half of its workforce, as…
After Maui wildfires kill 96, search for the missing continues
By Jorge Garcia and Mike Blake KAHULUI, Hawaii (Reuters) -The death toll from the Maui wildfires reached 96 on Sunday…
China Evergrande EV unit to issue fresh shares in restructuring plan
(Reuters) -Embattled property developer China Evergrande Group said on Monday its listed electric-vehicle arm has agreed to issue new shares…
Chesapeake to complete Eagle Ford basin exit with SilverBow deal
(Reuters) -U.S. natural gas producer Chesapeake Energy said on Monday it would sell its remaining Eagle Ford assets to SilverBow…