By Akash Sriram (Reuters) -Amazon.com Inc will acquire iRobot Corp, maker of the robotic vacuum cleaner Roomba, in an all-cash deal for about $1.7 billion in the latest push by the world’s largest online retailer to expand its stable of smart home devices. Amazon will pay $61 per share, valuing iRobot at a premium of …
Alexa! Start my Roomba: Amazon buys robot vacuum maker for $1.7 billion Read More »
By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Friday threw out a former Deutsche Bank AG trader’s conviction for conspiring to manipulate the global lending benchmark Libor, after an appeals court tossed the convictions of two former colleagues he testified against. U.S. District Judge Paul Engelmayer in Manhattan granted Timothy Parietti’s request to …
Deutsche Bank ex-trader’s conviction thrown out in U.S. Libor-rigging probe Read More »
MOSCOW (Reuters) -Russian President Vladimir Putin and Turkish President Tayyip Erdogan agreed on Friday to boost cooperation in the transport, agriculture, finance and construction industries, they said in a joint statement after a four-hour meeting. Turkey mediated a deal signed by Ukraine, Russia and the United Nations in Istanbul last month under which grain exports …
Putin and Erdogan agree to boost cooperation, some rouble payments for gas Read More »
MILAN (Reuters) – Energy group Eni said on Friday it had acquired Tango FLNG to produce and export liquefied natural gas (LNG) from the Republic of Congo, as Italy rushes to find alternative supplies to Russian gas. Since Russia’s invasion of Ukraine in February, Italian ministers and Eni’s CEO have travelled to Africa to sign …
Eni buys floating liquefaction facility to produce LNG in Congo Republic Read More »
(Reuters) -Pfizer Inc is in advanced talks to buy drugmaker Global Blood Therapeutics for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. Pfizer is aiming to seal a deal in the coming days, but other suitors are still in the mix, the report said. Shares of Global …
Pfizer in advanced talks to buy Global Blood Therapeutics for $5 billion – WSJ Read More »
LONDON (Reuters) -The British pound fell over 1% against the dollar on Friday after a stronger-than-expected U.S. nonfarm payrolls report cemented the case for another super-sized U.S. rate hike. While the Bank of England lifted rates by 50 basis points on Thursday, raising the key rate by the most in 27 years, its rate-hiking pace …
Sterling tumbles as solid U.S. payrolls data firms Fed rate-hike view Read More »
By Richa Naidu LONDON (Reuters) – Weekly sales of women’s soccer gear have tripled since the start of the women’s European Championship that ended on Sunday with an historic England win, according to retailer Fanatics Inc, which sold official merchandise for the tournament. The spike in sales demonstrates the growing appeal of the women’s sportswear …
Women’s soccer gear in demand after historic England win Read More »
By William Schomberg and William James LONDON (Reuters) – Bank of England Governor Andrew Bailey pushed back at suggestions by the front-runner to become Britain’s next prime minister Liz Truss and her supporters that the government should have a bigger role in how the central bank operates. With inflation on course to surpass 13% later …
BoE’s Bailey rebuffs talk of less central bank independence in UK Read More »
LONDON (Reuters) – Britain’s financial watchdog said on Friday it has fined former ConvaTec Group chairman Christopher Gent 80,000 pounds ($97,104) for unlawfully disclosing inside information. The Financial Conduct Authority (FCA) said Gent, a former chief executive of Vodafone, disclosed information about an expected announcement by ConvaTec relating to a revision of its financial guidance …
UK watchdog fines ConvaTec ex-chairman Gent 80,000 pounds Read More »
LONDON (Reuters) – British asset manager and life insurer Royal London said on Friday that the European gas crisis may mean companies it invests in reverse course on responsible investment policies in the near term, but divesting was a last resort. European countries including Germany and Italy are considering bringing back coal for power generation …
Royal London says ESG may take short-term hit from energy crisis Read More »
