Walmart promotes CEO of Sam’s Club to head International division
(This Aug. 16 story has been corrected to change the surname to McLay from McKay in paragraphs 13-14) By Siddharth…
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US weekly jobless claims fall; tight labor market underpinning economy
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, pointing…
US FTC approves deal for natgas producer EQT to buy THQ Appalachia
(Reuters) – EQT Corp, the biggest U.S. natural gas producer, said on Wednesday that it had won antitrust approval to…
Coach parent Tapestry forecasts weak 2024 on soft U.S. demand
By Savyata Mishra, Juveria Tabassum and Katherine Masters (Reuters) -Coach parent Tapestry, which agreed to buy Capri last week, forecast…
Payments company Adyen’s shares plummet by a third after earnings miss
By Toby Sterling and Elizabeth Howcroft AMSTERDAM (Reuters) -Dutch payments processor Adyen NV’s shares fell by a third on Thursday,…
BAE snaps up Ball’s aerospace arm for $5.6 billion in its biggest deal ever
By Yadarisa Shabong (Reuters) -Britain’s BAE Systems on Thursday agreed to buy Ball Corp’s aerospace assets for about $5.55 billion…
How U.S. Steel became an acquisition target
By Anirban Sen and David Carnevali NEW YORK (Reuters) – U.S. Steel Corp attracted acquisition interest after short-term challenges, including…
Japan exports fall for first time since 2021, stoking concerns about economy
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s exports fell in July for the first time in nearly 2-1/2 years, dragged down…
Chinese asset manager signals debt overhaul, stokes contagion fears
By Jason Xue and Clare Jim SHANGHAI/HONG KONG (Reuters) -A major Chinese asset manager has told its investors it needs…
Spanish Socialists’ candidate elected speaker with support of Catalan groups
MADRID (Reuters) -Spain’s Socialists had their candidate appointed speaker of the lower house of congress on Thursday with support from…