The owner of the Wagamama restaurant chain is being targeted by a second activist investor — Irenic Capital Management — with Oasis Management already pushing the London-based company for changes, according to people with knowledge of the matter.
The government of Peru, the second-biggest producer of copper and zinc, expects that shipments of the commodities will begin to normalize within days as the nation’s worst street protests in decades ease.
Alessio de Longis spent the last three months loading up on risk in his $1.1 billion Invesco Global Allocation Fund. Now, he’s winding down those positions and reversing course back to safety.
US payroll growth has topped estimates for 10 straight months in the longest streak in decades, a trend that, if extended, will boost pressure on the Federal Reserve to keep raising interest rates.
A good year for Meta Platforms Inc. investors has the potential to get better still — even without the boost that a ban on Chinese rival TikTok would undoubtedly bring.
Dick’s Sporting Goods Inc. beat analysts’ estimates for the fourth quarter and gave a full-year profit outlook ahead of projections, suggesting demand for athletic gear and apparel remains strong even as consumers retreat from other discretionary categories.
Meta Platforms Inc., the owner of Facebook and Instagram, is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to people familiar with the matter.
Swatch Group AG released a new version of the MoonSwatch with a gold seconds hand, the latest edition of the wildly popular collaboration between its high-end Omega brand and its entry level Swatch marque.
A survey of more than 300 financial-services firms found that just 20% require workers to be in the office all the time
Prime Minister Justin Trudeau yielded to pressure over allegations China interfered in Canada’s elections, appointing a special investigator to study the matter.
