(Reuters) – Billionaire Elon Musk became Twitter Inc’s owner on Thursday, firing top executives and providing little clarity over how…
Bankrupt Revlon says it is entertaining sale offers
By Dietrich Knauth New York (Reuters) – Revlon Inc’s bankruptcy attorneys said in court on Thursday that the cosmetics company…
AbbVie’s Botox, dermal fillers face slowdown jitters
By Manas Mishra (Reuters) -Demand for AbbVie Inc’s Botox anti-wrinkle injection and the popular facial filler Juvederm would be hit…
US equity funds received biggest inflow in 18 weeks – Lipper
(Reuters) – U.S. equity funds received their biggest inflow in 18 weeks in the week ended Oct. 26, buoyed by…
Exclusive-Russia’s finance ministry cuts 2023 taxable oil expectations
MOSCOW (Reuters) – Russia’s finance ministry has significantly cut expectations of taxable oil production for 2023, according to the draft…
U.S. pending home sales tumble in September
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell for a fourth straight month in September as the…
What people are saying about Elon Musk’s purchase of Twitter
(Reuters) -Billionaire Elon Musk became Twitter Inc’s owner on Thursday, firing top executives and providing little clarity over how he…
U.S. labor costs solid in Q3; private wage growth slowing
WASHINGTON (Reuters) – U.S. labor costs increased solidly in the third quarter, but private sector wage growth slowed considerably, suggesting…
How Elon Musk funded $44 billion Twitter deal
By Hyunjoo Jin and Chibuike Oguh (Reuters) – Elon Musk on Thursday closed the $44 billion deal announced in April…
Glencore cuts zinc output guidance after production drops 18% in nine months
LONDON (Reuters) – Glencore produced 18% less zinc in the first nine months compared with the same period a year…