WASHINGTON (Reuters) -Penguin Random House, the world’s largest book publisher, and smaller U.S. rival Simon & Schuster have scrapped a…
Goldman Sachs says U.S., Europe could end reliance on Chinese EV batteries by 2030 -FT
(Reuters) – The United States and Europe could cut their dependence on China for electric vehicle batteries through more than…
Carlyle sees big in Japan auto industry as EV shift shakes supply chains
By Makiko Yamazaki TOKYO (Reuters) – U.S. private equity firm Carlyle Group Inc aims to enlarge its footprint in the…
Global stocks, oil prices slip as rising COVID cases prompt Chinese lockdowns
By Chibuike Oguh NEW YORK (Reuters) -Global stocks and oil prices slipped on Monday as a spike in COVID-19 cases…
IMF approves $88.3 million for Malawi under ‘food shock’ loan window
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said its executive board on Monday approved an $88.3 million…
Disney’s media sales boss to exit in Iger shake-up
(Reuters) -A day after returning to the company, Walt Disney Co Chief Executive Bob Iger moved to undo a corporate…
Carl Icahn holds short position in GameStop – Bloomberg News
(Reuters) – Activist investor Carl Icahn has a sizeable short position in video game retailer GameStop Corp, Bloomberg News reported…
Labor union Teamsters ratifies contract at Kroger
(Reuters) -Labor union International Brotherhood of Teamsters said on Monday a new national contract at U.S. grocery chain Kroger Co…
Wall Street slips as concerns rise of stricter China COVID curbs
By Carolina Mandl (Reuters) – Wall Street’s main indexes ended Monday roughly down on fears that China could resume stricter…
Infinity Q founder, once claiming $3 billion assets, pleads guilty to fraud
By Jonathan Stempel and Jody Godoy NEW YORK (Reuters) – The founder of Infinity Q Capital Management, a New York…