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Economy

Biden plans to block Nippon Steel purchase of U.S. Steel, Bloomberg News reports

(Reuters) -U.S. President Joe Biden plans to formally block Nippon Steel’s proposed takeover of U.S. Steel on national security grounds once the…
Economy

Ferrari will always make its cars in Italy, CEO says

By Vanessa O’Connell NEW YORK (Reuters) -Ferrari will always make its luxury sports car in its hometown of Maranello, northern Italy, including…
Economy

Lilly CEO says tax and regulation reform, drug affordability are focuses under Trump

By Patrick Wingrove (Reuters) – Eli Lilly (NYSE:LLY) CEO David Ricks on Tuesday said at the Economic Club of Washington that tax…
Economy

Economists say Canada likely missed deficit target as minister stays silent

By Promit Mukherjee OTTAWA (Reuters) -Canada’s Finance Minister Chrystia Freeland declined to say on Tuesday whether the country would achieve its deficit…
Stock

US court blocks Kroger’s $25-billion acquisition of grocery rival Albertsons

(Reuters) -A U.S. judge blocked the pending $25-billion merger of U.S. grocery chains Kroger (NYSE:KR) and Albertsons (NYSE:ACI) on Tuesday, a win…
Stock

Adidas headquarters raided in years-long tax investigation, company says

(Reuters) -Authorities raided Adidas AG (ETR:ADSGN) headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said…
Stock

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.35%

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Basic Materials, Utilities and Oil & Gas…
Stock

Mexico stocks lower at close of trade; S&P/BMV IPC down 1.44%

Investing.com – Mexico stocks were lower after the close on Tuesday, as losses in the Industrials, Consumer Goods & Services and Consumer…
Stock

Colombia stocks higher at close of trade; COLCAP up 0.33%

Investing.com – Colombia stocks were higher after the close on Tuesday, as gains in the Industrials, Services and Agriculture sectors led shares…
Stock

Bernstein upgrades American Airlines, ‘closer to a have than a have-not’

Investing.com — Bernstein analysts raised American Airlines (NASDAQ:AAL) to Outperform from Market-Perform on Tuesday, highlighting a combination of an improved industry backdrop and…
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