TORONTO (Reuters) – Bank of Montreal on Tuesday named Alan Tannenbaum as the new head of the bank’s capital market division, to replace outgoing CEO Dan Barclay, who is retiring in November. Tannenbaum joined BMO in 2010 and has held multiple leadership roles, most recently leading global investment and corporate banking, where he worked with …
BMO promotes Alan Tannenbaum to head capital markets division Read More »
SYDNEY (Reuters) – Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with knowledge of the matter said on Tuesday. The U.S.-based private equity firm will consider listing in 2024 after assessing market conditions, said the source who declined to be identified as …
Bain Capital delays Virgin Australia listing until next year – source Read More »
By Andrea Shalal MARRAKECH, Morocco (Reuters) – The International Monetary Fund is carefully watching global bond market developments after a recent U.S. selloff, the fund’s top economist said, adding that a tightening of financial conditions was among risks facing the global economy. IMF chief economist Pierre-Olivier Gourinchas said the selloff of U.S. bonds could reflect …
IMF says US bond sell-off may reflect extra quantities on market Read More »
By Lisa Richwine LOS ANGELES (Reuters) -Members of the Writers Guild of America (WGA) approved a new three-year contract with major studios on Monday, five months after the union called a strike that plunged Hollywood’s film and television production into turmoil. The WGA said 99% of the roughly 8,500 votes supported the deal, which provides …
Hollywood writers union ratifies three-year labor contract after strike Read More »
By Svea Herbst-Bayliss and Dawn Chmielewski (Reuters) -Activist investor Nelson Peltz is planning a new board challenge at Walt Disney less than 10 months after the home of Mickey Mouse laid out plans that addressed his criticism. But with Disney’s stock price down 30% since then, the 82-year-old billionaire investor is now expected to ask …
Activist Peltz wants ‘multiple’ seats at Disney, owns $2.5 billion stake in Mouse House Read More »
By Vivian Sequera, Andrew Mills and Marianna Parraga CARACAS/DOHA/HOUSTON (Reuters) – Venezuela and the U.S. have progressed in talks that could provide sanctions relief to Caracas by allowing at least one additional foreign oil firm to take Venezuelan crude oil for debt repayment if President Nicolas Maduro resumes negotiations with the opposition in Mexico, five …
Exclusive-US, Venezuela in talks for fresh oil sanction exemptions -sources Read More »
By Arathy Somasekhar HOUSTON (Reuters) -Top U.S. oil producer Exxon Mobil’s planned acquisition of the No. 1 Permian shale producer Pioneer Natural Resources could further restrain output growth in the largest U.S. oilfield, squeezing pipeline companies and suppliers, executives and energy advisors said. Consolidation, steep cost inflation and investor demands for returns have shrunk production …
Exxon-Pioneer tie up could squeeze US shale oil suppliers, pipelines Read More »
(Reuters) – The union for tens of thousands of workers at Kaiser Permanente, a leading non-profit hospital network and managed-care organization, said it may hold a one-week strike starting Nov. 1, following up on its recent 3-day strike. A statement by the union on Monday said it had served the company official notice of the …
Kaiser healthcare union says week-long strike possible early next month Read More »
By Sinéad Carew and Shashwat Chauhan (Reuters) – Wall Street’s major indexes closed higher on Monday while energy stocks rallied as investors digested the latest news about the conflict between Israel and the Palestinian Islamist group Hamas. The Israeli military said it called up reservists and was imposing a total blockade of the Gaza Strip …
Wall Street advances as investors monitor Mideast conflict headlines Read More »
By David Shepardson (Reuters) – Union workers at Volvo Group-owned Mack Trucks went on strike on Monday after overwhelmingly rejecting a proposed five-year contract, the United Auto Workers said, the latest tentative labor agreement to be voted down. About 73% of the unit’s 4,000 workers in Pennsylvania, Florida and Maryland voted against the deal that …
UAW workers strike Mack Trucks after rejecting contract Read More »
