By Matt Tracy and Shankar Ramakrishnan WASHINGTON (Reuters) – A sell-off in the U.S junk bond market is presenting investors…
Swedish Match recommends shareholders accept Philip Morris’ $16 billion offer
(Reuters) -Swedish Match AB on Thursday recommended its shareholders accept Marlboro maker Philip Morris International Inc’s raised $16 billion buyout…
Oil settles higher on strong crude demand, easing recession fears
By Laura Sanicola (Reuters) -Oil rose more than $1 a barrel on Thursday, extending the previous day’s rally of nearly…
Musk wants Twitter to be ‘most respected advertising platform’
(Reuters) -Elon Musk, who once tweeted “I hate advertising”, said he wants Twitter Inc to be “the most respected advertising…
Germany’s Continental announces $210 million Mexico expansion
MEXICO CITY (Reuters) – German auto parts maker Continental AG said on Thursday it will invest around 210 million euros…
Jury orders Ford to pay software company $105 million in trade secrets case
(Corrects date of verdict to Wednesday from Tuesday in second paragraph, with no other changes to headline or text) By…
Venezuela’s PDVSA controls fire at small refinery, restarts other plants from outage
(Reuters) – A fire caused by a thunderstorm at Venezuela’s smallest refinery has been brought under control, a Venezuelan minister…
Factbox-Who’s in and out in Credit Suisse’s day of reckoning
By Pamela Barbaglia (Reuters) – Credit Suisse’s latest shake-up has led to the promotion of some senior executives to more…
Food group Danone raises 2022 outlook as third-quarter sales beat expectations
By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its…
Trump’s company: We don’t need a monitor
By Jonathan Stempel NEW YORK (Reuters) – Donald Trump’s namesake company urged a New York judge to reject a demand…