CAIRO (Reuters) – The IMF said on Tuesday it had reached a staff-level agreement with Jordan on a fifth review…
Saudi foreign direct investment inflows down 85% in second quarter
(Reuters) -Saudi Arabia recorded second-quarter foreign direct investment (FDI) flows down 85% year on year, an investment ministry report showed…
Redwood Materials to supply cathode material to Panasonic U.S. battery plant
By Paul Lienert (Reuters) – Panasonic Corp will buy remanufactured battery cathode material from Redwood Materials, beginning in 2025, for…
Big pharma not doing enough to improve drug access – analysis
By Natalie Grover LONDON (Reuters) – Since the pandemic emerged, more top drugmakers have made progress in improving access to…
BofA’s global fund manager survey shows stagflation and recession angst
By Marc Jones LONDON (Reuters) – A closely-watched survey of global investor views published on Tuesday showed a growing angst…
Buffett’s Berkshire discloses $4.1 billion TSMC stake
By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing,…
Exclusive: Activist Impactive eyes proxy fight at Envestnet amid sluggish stock price
By Svea Herbst-Bayliss NEW YORK (Reuters) – An activist investor with a large stake in Envestnet Inc. plans to ask…
Bain will buy Japanese apparel maker Mash Holdings for $1.44 billion
TOKYO (Reuters) – Private equity firm Bain Capital will acquire Mash Holdings for about 200 billion yen ($1.44 billion), a…
Designer labels for 15-year-olds? New generation splashes on luxury: Bain
By Mimosa Spencer PARIS (Reuters) – Luxury shoppers are getting younger and younger, forming a group that’s expected to buoy…
India’s cenbank likely to go for smaller rate hikes as inflation eases -analysts
MUMBAI (Reuters) -The Reserve Bank of India is likely to opt for a 35 basis points (bps) rate hike at…