(Reuters) – Activist hedge fund Bluebell Capital Partners shows no sign of halting its run of challenging the policies and executives of some of the world’s biggest companies. The group has taken on the likes of GSK Plc, Glencore Plc, Vivendi SE and Danone SA while owning minor stakes, as well as attempting to oust …
Factbox-Activist investor Bluebell’s offensive against European giants heats up Read More »
By Erikas Mwisi Kambale BENI, Democratic Republic of Congo (Reuters) – Bottles of beer zip along a conveyor belt in a Brasimba factory which has weathered two deadly Ebola outbreaks and waves of fighting linked to rebel militias active in the nearby forests. After an initial investment of 125 million euros ($134 million), beer output …
Congo beer factory a beacon in region rocked by rebels Read More »
WARSAW (Reuters) – Poland plans to send Leopard tanks to Ukraine as part of an international coalition, the Polish president said on Wednesday. Kyiv has been requesting heavy military vehicles such as the German-made Leopard 2, which would represanent a significant step-up in Western support to Ukraine. “A company of Leopard tanks will be handed …
Poland plans to give Ukraine Leopard tanks as part of coalition Read More »
By Jessica DiNapoli and Hilary Russ NEW YORK (Reuters) -Healthy Choice meal maker Conagra Brands Inc has no plans to hike prices further on its snacks and frozen foods beyond the current quarter, its Chief Executive Officer Sean Connolly said in a Reuters Newsmaker interview on Tuesday. Known for its Birds Eye, Chef Boyardee and …
Conagra CEO expects no more price hikes beyond this quarter Read More »
MEXICO CITY (Reuters) – Carmaker Audi’s Mexico unit and worker representatives have agreed to 9.4% salary raises for 2023, forestalling a strike in reaching a deal for one of the highest automaker wage hikes in Mexico in recent years. The Independent Union of Audi Mexico Workers (SITAUDI) and Audi previously negotiated two options to raise …
Audi Mexico and union avert strike in deal for 9.4% pay rise Read More »
(Reuters) -Shares of Bed Bath & Beyond, popular among retail traders, jumped in early trading on Wednesday, extending their rebound from multi-decade lows hit last week following news of the company’s plans to seek bankruptcy protection. The stock, the third most actively traded across U.S. exchanges, was up about 25% at $2.60. It has risen …
Retail darling Bed Bath & Beyond jumps for third straight session Read More »
(Reuters) – The Federal Aviation Administration (FAA) allowed some flights to resume after an outage of the system that alerts pilots to any obstructions before take-off had earlier forced the civil aviation regulator to ground all aircraft in the United States. Over 4,000 flights were delayed and more than 600 canceled because of the outage …
Explainer-Why U.S. flights were grounded by a FAA system outage Read More »
By Nate Raymond (Reuters) -The U.S. Supreme Court on Wednesday allowed New York to enforce a Democratic-backed gun control law adopted after the justices last year struck down the state’s strict firearms licensing regime in a landmark ruling that expanded gun rights. The justices rejected a request by six members of the firearms rights group …
U.S. Supreme Court lets New York enforce new gun restrictions Read More »
By Danielle Broadway and Lisa Richwine BEVERLY HILLS, California (Reuters) – Following two years of criticism for its lack of diverse membership, the Hollywood Foreign Press Association’s Golden Globes ceremony on Tuesday wasted no time putting the controversy in the spotlight. Host and comedian Jerrod Carmichael opened his monologue with a blunt assessment: that he …
Diversity takes center stage at Golden Globes seeking redemption Read More »
LONDON (Reuters) -U.S. flights were slowly beginning to resume departures and a ground stop was lifted after the Federal Aviation Administration (FAA) scrambled to fix a system outage overnight that forced a halt to all U.S. departing flights. Here’s what we know so far: NUMBERS OF FLIGHTS: * A total of 4,314 flights were delayed …
Factbox-Flights, airports affected by U.S. FAA system outage Read More »
