PRAGUE (Reuters) – The pace of Czech central bank’s lowering of interest rates will depend on the pace of decline in inflation, the bank’s Vice-Governor Eva Zamrazilova said on CNN Prima News television on Sunday. “If the decline toward 2% (in inflation) is slower than we think, it would mean let’s say rather those small, …
By Tom Hals WILMINGTON, Delaware (Reuters) – An unusual, billion-dollar trial between Warren Buffett’s Berkshire Hathaway and the billionaire Haslam family was canceled by the court on Saturday, two days before it was scheduled to start. “This confirms that the trial scheduled in this matter for January 8 and 9, 2024 is hereby canceled and …
Court cancels Warren Buffett, Jimmy Haslam trial over Pilot Read More »
LONDON (Reuters) – Britain said it plans to spend 300 million pounds ($380 million) on a new programme to produce advanced nuclear fuel suitable for the next generation of power-generating reactors, seeking to dislodge Russia as the main international supplier. Britain was one of over 20 countries – including the United States, France and South …
Britain to invest 300 million pounds in next-generation nuclear fuel programme Read More »
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration issued a directive on Saturday temporarily grounding certain Boeing 737 MAX 9 airplanes until inspections are performed after an Alaska Airlines flight on Friday made an emergency landing following a cabin panel blowout. The directive covers 171 airplanes, but leaves open questions about how recently inspections …
FAA requiring inspections before some Boeing 737 MAX 9 flights can resume Read More »
(This Jan. 5 story has been corrected to fix a syntax error in paragraph 2) By David Carnevali NEW YORK (Reuters) – Healthcare dealmakers are making their way to San Francisco for a major industry conference, optimistic that more deals are in the offing after a wave of biotech company takeovers at the end of …
Late M&A bonanza stokes healthcare dealmakers ahead of JPMorgan conference Read More »
(Reuters) -Some of BP’s largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming the British oil giant’s next boss, Sky News reported on Saturday, citing unidentified sources. Several large investors believe that BP should target the appointment of an external candidate as its CEO, according to the report. …
BP investors want oil firm to approach BAE chief as CEO- Sky News Read More »
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust chief Margrethe Vestager will meet the chief executives of Apple, Alphabet, Broadcom and Nvidia in the United States next week, her communications advise said on Friday. The meetings come a month after Vestager resumed her job following her failed bid to head the Luxembourg-based European Investment …
EU’s Vestager to meet Big Tech CEOs in the US next week Read More »
(Reuters) -Endeavour Mining said on Thursday it had removed CEO Sebastien de Montessus with immediate effect, citing “serious misconduct”. The action followed an investigation by the board into an irregular payment instruction of $5.9 million issued by him in relation to an asset disposal by the company. De Montessus, who was also removed as president …
Endeavour Mining ousts CEO over ‘serious misconduct’ Read More »
By Doina Chiacu and David Lawder WASHINGTON (Reuters) -The U.S. Commerce Department said on Friday it found that imports of tin mill products from Canada, China, Germany, and South Korea are being dumped onto the U.S. market and imports of tin mill products from China are also being subsidized. The department also found that imports …
US sets final food can steel dumping duties on China, Canada, Germany, Korea Read More »
By Mimosa Spencer PARIS (Reuters) -Frederic Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and heirs, has been promoted to the role of Chief Executive of LVMH Watches, overseeing the TAG Heuer, Hublot and Zenith brands, the luxury group said on Friday. The 29-year-old, who has worked for Tag Heuer since 2017, including …
Frederic Arnault to lead LVMH Watches in latest family promotion Read More »
