Stock
Explainer-What is the issue with Cathay Pacific’s A350 Rolls-Royce engines?
By Lisa Barrington (Reuters) -Hong Kong’s Cathay Pacific Airways (OTC:CPCAY) said on Monday it was inspecting all 48 of its...
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Bain makes $4.1 billion counter-offer to KKR’s takeover bid for Fuji Soft, Nikkei says
TOKYO (Reuters) – U.S. buyout fund Bain Capital has made a counter-offer to take over Japan’s Fuji Soft for about...
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Holiday disruption at US hotels as 10,000 workers strike
By Andrew Hay (Reuters) – Dozens of U.S. hotels faced disruptions during Monday’s busy Labor Day public holiday as over...
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Exclusive-Russia’s Sberbank says India business booming despite Western sanctions
By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) – Russia’s trade with India is booming and bilateral payments are proceeding...
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Elliott crosses 10% threshold in Southwest shares
Activist investor Elliott Investment Management has acquired 10% of Southwest Airlines (NYSE:LUV)’ common stock. This move grants the hedge fund...
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Nvidia’s Huang trying to make the chipmaker a one-stop shop for data centers- WSJ
Nvidia (NASDAQ:NVDA)’s Chief Executive Jensen Huang is pushing the company’s strategy to become a comprehensive provider of data center components,...
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Exclusive-Elliott now owns enough of Southwest Airlines to call special meeting
By Svea Herbst-Bayliss NEW YORK (Reuters) – Elliott Investment Management now holds 10% of Southwest Airlines (NYSE:LUV)’ common stock, crossing...
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Communications Workers of America withdraws from mediation with AT&T
(Reuters) – The Communications Workers of America (CWA) have informed AT&T (NYSE:T) and the Federal Mediation and Conciliation Service that...
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Asia stocks nervous as China concerns continue to mount
Asia’s stock markets mostly failed to show signs of steadiness as investors awaited key economic data that could influence the...
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US futures edge higher as focus shifts to job market
US equity futures opened modestly higher with the S&P 500 futures rising 0.1%, while Nasdaq 100 futures climbed 0.3%. The...
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