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(Reuters) – Unions representing hospitality staff in Las Vegas said on Wednesday that workers employed at Wynn Resorts have voted in favor to ratify a new five-year contract, days after similar moves by its competitors Caesars Entertainment and MGM Resorts International. The unions, which represent about 5,000 employees at Wynn Resorts properties, said 99% of …

Las Vegas hospitality unions ratify contract with Wynn Resorts Read More »

By Shankar Ramakrishnan (Reuters) -Bayer held a call with investors on Monday after a raft of bad news led some of them to question whether the German group had been upfront about its prospects ahead of a $5.75 billion bond issuance, three sources familiar with the situation said on Wednesday. The bad news prompted some …

Bayer holds call with bond investors after raft of bad news Read More »

A look at the day ahead in European and global markets from Vidya Ranganathan. The minutes of the European Central Bank’s October meeting and flash PMIs for a host of European countries are Thursday’s highlights in markets otherwise lulled by the Thanksgiving holidays in Japan and the United States. The forward-looking flash November PMIs due …

Marketmind: Watching what the ECB giveth Read More »

PARIS (Reuters) – French President Emmanuel Macron will on Thursday inaugurate a 2.1 billion euro ($2.3 billion) investment by Danish pharmaceutical company Novo Nordisk in France, his office said, pitching it as a sign of newly restored French industrial competitiveness. The investment, for which no detail was provided by Macron’s office, will be based in …

Macron to unveil 2.1 billion eur Novo Nordisk pharma investment in France Read More »

(Reuters) – Origin Energy’s largest shareholder AustralianSuper said on Thursday it will vote against a latest revised $10.6 billion takeover bid from a Brookfield-led consortium, reiterating its view that the offer is “substantially below” its estimate of the power producer’s long-term value. Under the new terms, the A$9.43 per share bid remains but some investors …

AustralianSuper to reject Brookfield’s new $10.6 billion proposal for Origin Energy Read More »

SYDNEY (Reuters) – EIG Partners CEO Blair Thomas said on Thursday the consortium behind the $10.6 billion bid for Origin Energy was “done” negotiating with top shareholder AustralianSuper in an attempt to gain its backing for the offer. Thomas said he believed AustralianSuper, which holds 16.5% of Origin, was acting against the best interests of …

EIG CEO says consortium no longer willing to negotiate with Origin’s top investor Read More »

(Reuters) -General Motors’ robotaxi unit Cruise is planning to re-launch in one city, the company said on Wednesday. Cruise had pulled all its vehicles from U.S. testing after an Oct. 2 accident in San Francisco that involved another vehicle and ended with one of its self-driving taxis dragging a pedestrian. “Once we have taken steps …

GM’s Cruise plans careful re-launch for driverless robotaxis Read More »

By Ahmad Ghaddar, Maha El Dahan and Olesya Astakhova DUBAI/LONDON (Reuters) -OPEC+ has delayed a ministerial meeting expected to discuss oil output cuts to Nov. 30 from Nov. 26 as producers struggled to agree on production levels and hence possible reductions, OPEC+ sources said, a surprise delay that sent oil prices sliding. Three OPEC+ sources …

OPEC+ postpones policy meeting to Nov 30, oil falls Read More »

By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks ended higher on Wednesday on optimism that the Federal Reserve may be done raising interest rates and that the economy is still resilient. Economic data showed the number of Americans filing new claims for unemployment benefits fell more than expected last week. Separately, U.S. consumers’ inflation expectations …

Wall St ends up before holiday; investors optimistic Fed done raising rates Read More »