KKR’s $37 bln approach boosts Telecom Italia shares
Investors in Telecom Italia (TLIT.MI) on Monday cheered a proposal by U.S. fund KKR (KKR.N) to buy Italy’s debt-laden former phone monopoly for 33 billion
Category: Business
Analysis: U.S. wants more oil, but OPEC+ can’t turn on the tap much harder
U.S. pressure on OPEC+ to pump more oil and cool red-hot crude prices has shone a spotlight on a relatively new problem for the producer
U.S. imposes further sanctions in connection with Nord Stream 2 gas pipeline
The United States on Monday imposed further sanctions in connection with the Nord Stream 2 gas pipeline, Secretary of State Antony Blinken said in a
Analysis: Visa’s Amazon spat shows power is shifting to retailers in fee battle
Amazon.com Inc (AMZN.O)’s latest spat with Visa (V.N) shows big retailers, armed with a growing array of payment options, are gaining the upper hand in
DoorDash pays $5 mln to settle San Francisco worker misclassification probe
Delivery company DoorDash Inc (DASH.N) is paying more than $5 million to settle an investigation by San Francisco into alleged labor law violations, with the
S&P 500 ends lower after Powell nomination
The S&P 500 ended lower on Monday after President Joe Biden picked Federal Reserve Chair Jerome Powell to lead the central bank for a second
Zoom shares fall after results as Wall Street turns cautious on growth
Zoom Video Communications Inc’s (ZM.O) third-quarter revenue growth rate slowed to 35% as demand for its video-conferencing tools eased from the pandemic-fueled heights last year,