By Amina Niasse NEW YORK (Reuters) – As CVS Health’s new CEO David Joyner steps into the top job after Karen Lynch’s quick departure on Friday, Wall Street analysts and some investors are questioning whether he has the right experience to turn around the Aetna health insurance business as it struggles with high medical costs. …
Analysis-Can the new CVS CEO handle the Aetna challenge? Read More »
PARIS (Reuters) -French supermarket retailer Carrefour said on Monday it is reviewing how staff are treated at Majid Al Futtaim (MAF), its Saudi Arabia franchise partner, after Amnesty International raised concerns over employees’ working conditions. A report by Amnesty International, published on Monday, said some staff working at the Carrefour/Majid Al Futtaim stores in Saudi …
By Marie Mannes STOCKHOLM (Reuters) – Swedish battery maker Northvolt is making significant progress towards raising a new financing package, it told Reuters on Monday. The group has been in talks with investors and lenders in recent weeks to secure short-term funding, three sources familiar with the matter told Reuters on Oct. 11, as the …
Northvolt making progress towards securing financing package Read More »
By Elvira Pollina MILAN (Reuters) – The head of Italy’s Bending Spoons says Milan is a great location for a start-up but he would probably favour New York were the tech company that owns services such as note-taking tool Evernote and photo editor Remini to list. The Italian app developer, whose products count 200 million …
Italian tech company Bending Spoons has eye on US for potential IPO Read More »
By Rajendra Jadhav and Mayank Bhardwaj NEW DELHI (Reuters) – Indian buyers do not expect supplies of Canadian lentils and potash to be affected by the diplomatic row between New Delhi and Ottawa, trade, industry and government officials said. Lentils and potash supplies from Canada have been steady, they said. Ties between India and Canada …
Indian buyers expect no disruption in Canadian lentil, potash supplies Read More »
By Phil Stewart KYIV (Reuters) -U.S. Defense Secretary Lloyd Austin announced $400 million in new arms for Ukraine on Monday during a visit to Kyiv just two weeks ahead of a U.S. presidential election that is casting uncertainty over the future of Western support. Austin’s trip, his fourth and likely final visit as President Joe …
Pentagon chief visits Ukraine in show of support ahead of US election Read More »
By Ahmad Ghaddar LONDON (Reuters) – Oil prices rose on Monday, recouping some of last week’s more than 7% decline on worries about demand in China, the world’s top oil importer, and easing concerns about potential supply disruptions in the Middle East. Brent crude futures were up $1.10, or 1.51%, at $74.16 a barrel at …
Oil prices regain some ground after 7% loss last week Read More »
ROME (Reuters) – Births in Italy are heading for a new record low in 2024, national statistical bureau ISTAT said on Monday, marking a 16th consecutive annual decline and the lowest number since Italian unification in 1861. Italy’s ever-falling birth rate is considered a national emergency, but despite successive governments pledging to make it a …
Births in Italy headed for new record low in 2024, statistics office says Read More »
MAPUTO (Reuters) -Mozambique police on Monday fired teargas and bullets at protesters in the capital Maputo who had gathered at the scene where two opposition party figures were shot dead on Saturday after a disputed election. A Reuters witness saw some police officers firing handguns while dispersing the crowd. Adriano Nuvunga, director of Mozambique’s Centre …
Mozambique police clash with opposition protesters after disputed election Read More »
ABUJA (Reuters) -Nigeria has blocked the sale of Shell’s entire onshore and shallow-water oil and gas assets in the Niger Delta, the country’s upstream regulator said on Monday, roughly 10 months after the deal was announced. In a speech at an event in the capital Abuja, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) CEO Gbenga Komolafe …
Nigeria blocks Shell’s asset sale in the Niger Delta Read More »
