ValueAct takes $1-billion stake in Meta, source says
Hidden Values Daily By Svea Herbst-Bayliss (Reuters) -ValueAct Capital has built a $1-billion stake in Meta Platforms but...
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Elliott calls for Honeywell break up, takes $5 billion-plus stake
By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management said Honeywell should split into two...
Exclusive-Amazon developing driver eyeglasses to shave seconds off deliveries, sources say
By Greg Bensinger (Reuters) – Amazon is developing smart eyeglasses for its delivery drivers to...
Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
(Reuters) -Morgan Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC)...
Exclusive-Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say
SHANGHAI (Reuters) – Stellantis and its Chinese partner Leapmotor have scrapped a plan to make...
Boeing exploring possible $6 billion sale of Jeppesen unit, Bloomberg News reports
(Reuters) – Boeing is exploring a possible $6 billion sale of its Jeppesen navigation unit,...
FAA to strengthen oversight as Boeing set to resume 737 MAX production
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said on Thursday it will boost...
Gold ETF demand turns positive for year-to-date, says WGC
(Reuters) – Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month...
Barrick Gold misses profit estimates on higher costs, lower Nevada production
By Sourasis Bose (Reuters) -Canada’s Barrick Gold missed Wall Street estimates for third-quarter profit on...
Exclusive-EU regulators investigate if Visa, Mastercard fees harm retailers, document shows
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are investigating whether the fees...