Reuters US Business

By Scott Murdoch, Harish Sridharan and Anshuman Daga (Reuters) -A group led by KKR & Co made an unsolicited near-$15 billion bid for Ramsay Health Care Ltd on Wednesday, underlining buyout funds’ appetite for healthcare assets and pushing the Australian company’s shares by up as much as 30%. If successful, the takeover would rank as …

KKR-led group offers record $14.8 billion bid for Australia’s Ramsay Health Read More »

(Reuters) – The Russian rouble firmed towards 78 to the dollar in early trade on Wednesday, while stock indexes extended losses as the market watched developments around Ukraine and sanctions against Russia. Russia faces soaring inflation and capital flight while grappling with a possible debt default after the West imposed harsh sanctions against Moscow for …

Russian rouble firms towards 78 vs dollar, stocks fall Read More »

By Michael Shields and Oliver Hirt ZURICH (Reuters) – Credit Suisse Group expects to report a first-quarter loss after increasing legal provisions, seeing business activity slow and taking a hit from the fallout of Russia’s invasion of Ukraine, the Swiss bank said on Wednesday. The bank is still reeling from billions in losses racked up …

Credit Suisse warns of Q1 loss, shares fall Read More »

(Reuters) -Billionaire entrepreneur Elon Musk tweeted a series of dashes for a missing word followed by “is the Night”, days after he offered to buy Twitter Inc for $43 billion. The offer from Musk, who has hinted at the possibility of a hostile bid, has prompted the social media company to adopt a “poison pill” …

Musk tweets cryptic phrase days after Twitter takeover offer Read More »

(Reuters) – Health insurer Cigna Corp’s Evernorth unit would partner with Kaiser Permanente to help patients enrolled in some its rival’s health plans gain access to doctors while traveling. The agreement announced on Tuesday would make Evernorth the preferred external pharmacy partner of Kaiser for drugs to treat certain conditions. Evernorth houses the pharmacy benefit …

Cigna’s Evernorth unit partners with rival Kaiser Permanente Read More »

By David French (Reuters) – The three main Wall Street benchmarks had their best days in over a month on Tuesday, with the Nasdaq closing up 2.2%, as investors responded to positive earnings and dovish comments from two U.S. Federal Reserve officials on interest rate rises. Johnson & Johnson advanced 3.1% to a second record …

Wall Street advances on earnings optimism, dovish rate rise remarks Read More »

By Chavi Mehta (Reuters) -IBM said on Tuesday it expects to hit the top end of its revenue growth forecast for 2022 even as it accounted for a hit of a “few hundred million dollars” from the suspension of its business in Russia. IBM expects the impact from Russia to be less than “half a …

IBM forecasts upbeat 2022 revenue on cloud strength; flags Russia hit Read More »