France’s top court demands new trial over $2 billion UBS fine
(Reuters) – France’s top court on Wednesday ruled a new trial should be held over a 1.8 billion-euro ($1.95 billion)…
BlackRock warns of low thematic growth exposure in U.S. portfolios
BlackRock (NYSE:BLK), the world’s largest asset manager, has issued a warning to investors regarding the perceived adequacy of their thematic…
SpaceX discusses spinning off Starlink via IPO as soon as 2024
(Reuters) – Elon Musk’s SpaceX is discussing an initial public offering for its Starlink satellite business as soon as late…
ValueAct Capital builds stake in Disney – 13D Monitor
(Reuters) – Activist investor ValueAct Capital has taken a stake in Walt Disney (NYSE:DIS), sources familiar with the matter said…
Egyptian cigarette prices surge as production costs climb
In response to rising production costs intensified by global supply chain disruptions, Egypt’s leading cigarette manufacturers have implemented significant price…
Unclear how quickly Diageo can fix problems in Latin America, CEO says
(Reuters) – Diageo (LON:DGE) Chief Executive Debra Crew said on Wednesday that it was difficult to predict when the company…
US FDA warns Amazon against sale of unapproved eye drops
(Reuters) – The U.S. Food and Drug Administration said on Tuesday it had sent a warning letter to Amazon.com (NASDAQ:AMZN)…
Exclusive-ValueAct takes stakes in Recruit and Expedia, says they are poised for strong growth
(Reuters) – ValueAct Capital Management has bought stakes in job search site Indeed’s parent Recruit Holdings and in online travel…
JPMorgan Chase invests $3.5 million in apprenticeships
JPMorgan Chase (NYSE:JPM), under the leadership of Matthew Muench, has announced a philanthropic investment of $3.5 million into various apprenticeship…
Boeing lands major deal with flydubai for 30 Dreamliner jets
In a significant move for its commercial aerospace business, Boeing (NYSE:BA) has secured a substantial order from flydubai for 30…