Reuters - Squid Business

Cigna resumes mega merger talks with rival health insurer Humana, Bloomberg News reports

(Reuters) – U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter. The companies have held informal, early discussions recently about a potential deal, the report said. Shares of Humana, which has a …

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Gunmen attack Sinaloan media outlet amid intra-cartel war

By Lizbeth Diaz MEXICO CITY (Reuters) – Gunmen sprayed with bullets the office building and several cars of respected Sinaloan media outlet El Debate on Friday, the news organization said, amid a bloody war between the two biggest factions of the Sinaloa Cartel. El Debate, which usually reports on violent events across the northwestern Sinaloa …

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Spirit Airlines debt refinancing deadline extended to December

By Rajesh Kumar Singh CHICAGO (Reuters) – Spirit Airlines said on Friday it has reached an agreement with its credit card processor to extend a debt refinancing deadline by two months until Dec. 23. The extension agreement with U.S. Bank National Association provides some breathing room to Spirit to refinance its $1.1 billion loyalty bonds …

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US SEC gives green light for options listing for spot bitcoin ETFs to NYSE

(Reuters) – The U.S. securities regulator has granted “accelerated approval” to 11 exchange-traded funds to list and trade options tied to spot bitcoin prices on the New York Stock Exchange, according to a regulatory filing. The Securities and Exchange Commission (SEC) had in January approved the bitcoin ETFs to track bitcoin, in what was a …

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Exclusive-Pro-Trump group funded by Musk struggles with outreach targets, inflation of doorknocking figures

By Rachael Levy and Alexandra Ulmer , REUTERS – The political action committee funded by billionaire Elon Musk to help re-elect former U.S. President Donald Trump is struggling in some swing states to meet doorknocking goals and is investigating claims that some canvassers lied about the number of voters they have contacted, according to people …

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‘This is how a hero dies’ say Gazans of Sinwar’s battlefield death

By Nidal al-Mughrabi CAIRO (Reuters) -For one Gazan father, Yahya Sinwar’s death in battle trying to beat back a drone with a stick was “how heroes die.” For others, it was an example for future generations even as some lamented the ruinous cost of the war he sparked with Israel. Sinwar, the architect of Hamas’ …

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Peru’s Chinese-built mega port to soft launch in late November with Shanghai route

LIMA (Reuters) -Peru’s massive Chancay port, which authorities hope will become a major shipping hub for South America-Asia trade, will ship two container ships a week beginning late next month, an executive for port operator Cosco Shipping said on Friday. After the port’s inauguration in mid-November, it will initially cover a direct route to Shanghai …

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P&G posts surprise sales drop on slowing demand for face lotions, diapers

By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) -Tide maker Procter & Gamble reported a surprise drop in quarterly sales for the second time in a row, as consumers in the United States, its biggest market, bought fewer name brand products and Chinese shoppers shunned them. P&G’s CFO Andre Schulten sought to reassure investors, saying …

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Brazil’s Embraer delivers 57 non-defense aircraft in the third quarter

SAO PAULO (Reuters) -Brazilian planemaker Embraer delivered 57 non-defense aircraft in the third quarter, up 33% from a year earlier, it said on Friday. The world’s third-largest planemaker delivered 16 commercial and 41 executive jets in the quarter ended in September. In a securities filing, Embraer said its firm order backlog reached $22.7 billion at …

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Factbox-COP16: From forests to oceans, nature in a dire state

By Jake Spring (Reuters) – Global destruction of nature has reached unprecedented extremes. As the United Nations two-week COP16 biodiversity summit kicks off on Monday in Cali, Colombia, here is what you need to know about nature’s rapid decline – and its importance to the global economy. ANIMALS AND PLANTS Plants and animals play significant …

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