NEW YORK (Reuters) -Asset manager BlackRock said on Monday it had increased its strategic overweight on investment grade credit due…
Factbox-Aircraft lessors sue insurers for $6.5 billion over trapped Russian planes
LONDON (Reuters) – Aircraft leasing firms are suing dozens of insurers for around $6.5 billion in a string of lawsuits…
Broadcom’s $61 billion deal for VMware on UK regulator’s radar
(Reuters) -Britain’s competition regulator said on Monday it was looking into whether U.S. chipmaker Broadcom Inc’s $61 billion acquisition of…
Merck to buy Imago for $1.35 billion to broaden portfolio of blood disorder drugs
By Raghav Mahobe (Reuters) -Merck & Co Inc said on Monday it will acquire cancer drug developer Imago BioSciences Inc…
Exclusive-Hedge fund Hestia wants Pitney Bowes to review capital spend, e-commerce segment
By Svea Herbst-Bayliss NEW YORK (Reuters) -Hestia Capital Partners LP, which scored big gains on its GameStop bet, is pushing…
JP Morgan remains world’s biggest systemically important bank
LONDON (Reuters) -JP Morgan remains the world’s most systemically important bank according to the latest rankings from the G20’s Financial…
Hungary caps interest rates on large commercial bank deposits
BUDAPEST (Reuters) -Commercial banks in Hungary cannot pay an interest rate higher than the three-month discount bill yield on deposits…
Aviation execs worry about demand as post-pandemic honeymoon ends
By Sarah Young LONDON (Reuters) -The outlook for airlines has darkened as the post-pandemic boom in travel wears off and…
Americans’ financial fragility largely unchanged in 2022, NY Fed says
By Michael S. Derby NEW YORK (Reuters) – Americans’ ability to meet a large unexpected expense was little changed in…
Cargill names 31-year company veteran Brian Sikes as new CEO
(Reuters) – Cargill Inc said on Monday Brian Sikes will takeover as the global commodities trader’s new president and chief…