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August 18, 2022

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Ecuadorian ‘unicorn’ Kushki buys finance service startup in Mexican expansion

Reuters
MEXICO CITY, Aug 17 (Reuters) – Ecuadorian “unicorn” Kushki, an online payment platform servicing Latin America, will purchase Mexican startup Billpocket in a bid to triple its growth in Mexico over the next few months, Kushki said Wednesday. Kushki, which expanded to Mexico in 2020, said the purchase of Billpocket......

Abortion bans limit training options for some future U.S. physicians

Reuters
A view of the medical bed and the procedure room where abortions once took place, inside Tulsa Women’s Clinic, in Tulsa, Oklahoma, U.S. June 20, 2022. REUTERS/Liliana Salgado Register now for FREE unlimited access to Reuters.com Register Aug 15 (Reuters) – University of Oklahoma medical student Ian Peake spent four......

FTSE 100 ends down as GSK slumps, eyes on GDP data

Reuters
Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Aug 23, 2018. REUTERS/Peter Nicholls Register now for FREE unlimited access to Reuters.com Register Rio Tinto down on ex-dividend trading GSK, Haleon slide on U.S. litigation concerns Network International jumps on share buyback, earnings FTSE 100......

TSX jumps to two-month high on U.S. inflation relief

Reuters
Businessmen pass the Toronto Stock Exchange sing in Toronto, Ontario, Canada July 6, 2017. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register TSX ends up 307.64 points, or 1.6%, at 19,885.94 Posts highest closing level since June 10 Tech sector jumps 4.2% Financials advance nearly 2% Aug......

Alex Jones’ Sandy Hook punitive damages likely to be slashed

Reuters
Alex Jones steps outside of the Travis County Courthouse, to do interviews with media after he was questioned under oath about text messages and emails by lawyer Mark Bankston, in Austin, Texas, U.S. August 3, 2022. Briana Sanchez/Pool via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register......

Berkshire Hathaway posts massive $43.8 bln loss; operating results improve

Reuters
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The......

Twitter rejects Musk’s claims that he was hoodwinked

Reuters
Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration//File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 4 (Reuters) – Twitter Inc (TWTR.N) on Thursday dismissed Elon Musk’s claims in......

Jack Dorsey’s Block slows hiring, investment as bitcoin plunge slams earnings

Reuters
Aug 4 (Reuters) – Jack Dorsey-led Block Inc (SQ.N) said it has slowed hiring and will slash its 2022 investment target by $250 million, after a slump in bitcoin prices dragged the digital payments company to a loss in the second quarter. Shares of Block, formerly called Square, fell nearly......

Twitter queries banks on Musk’s attempts to undermine $44 bln deal

Reuters
Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WILMINGTON, Del., Aug 2 (Reuters) – Twitter Inc (TWTR.N) is attempting to find evidence that Elon Musk......

Brazil’s Cielo Q2 net profit soars, beating forecasts

Reuters
The company logo for Cielo is displayed on a screen on the floor of Brazil’s B3 Stock Exchange in Sao Paulo, Brazil, July 25, 2019. REUTERS/Amanda Perobelli Register now for FREE unlimited access to Reuters.com Register SAO PAULO, Aug 2 (Reuters) – Brazilian payment processor Cielo SA (CIEL3.SA) said on......

Bouygues ups target for telecoms division after beating expectations

Reuters
A logo of Bouygues is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – French conglomerate Bouygues......

Spirit ends sale to Frontier as JetBlue talks continue

Reuters
July 27 (Reuters) – Spirit Airlines Inc (SAVE.N) canceled its $2.7 billion sale to Frontier Group Holdings Inc (ULCC.O) on Wednesday after Spirit shareholders balked at supporting it, leaving JetBlue Airways Corp (JBLU.O) with an opening to clinch a deal. The development, first reported by Reuters on Wednesday, came after......

Spotify’s quarterly revenue, user growth beats expectations

Reuters
A smartphone is seen in front of a screen projection of the Spotify logo in this picture illustration taken April 1, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register STOCKHOLM, July 27 (Reuters) – Spotify (SPOT.N) reported second-quarter revenue above analysts’ estimates on Wednesday, helped......

BC Partners takes joint control of Italy’s Fedrigoni in $3 bln deal

Reuters
The logo of Bain Capital is displayed on the screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register MILAN, July 26 (Reuters) – Bain Capital has struck a deal to give rival buyout fund BC Partners joint......

Voucher firm Edenred upbeat as companies boost staff benefits

Reuters
Sees 2022 EBITDA up an underlying 14-21% Previous guidance was for an increase of over 10% Shares up more than 3% July 26 (Reuters) – French voucher provider Edenred (EDEN.PA) raised its full-year core profit forecast on Tuesday as staff shortages and rising inflation push employers to spend more on......

Millions of dollars in jewelry stolen from armored truck in California

Reuters
July 18 (Reuters) – Millions of dollars in jewelry and gems belonging to exhibitors at a California retail show were stolen from an armored truck traveling north of Los Angeles last week, authorities said on Monday. The robbery took place in the early hours of July 11 in the city......

U.S. SEC voted to undo Trump-era curbs on shareholder advisers

Reuters
WASHINGTON, July 13 (Reuters) – The U.S. securities regulator voted on Wednesday to rescind rules introduced under then-U.S. President Donald Trump that critics said impeded the independence of firms that advise investors on how to vote in corporate elections. The 3-2 vote to adopt rule changes is the latest installment......

Australian BNPL star Zip pulls buyout of rival amid tech rout

Reuters
Zip logo is seen on a smartphone in front of displayed same logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register July 12 (Reuters) – Australian buy-now-pay-later (BNPL) firm Zip Co Ltd dumped a buyout of U.S. rival Sezzle......

Twitter hires law firm Wachtell to sue Musk after pulling out of $44 billion deal

Reuters
The Twitter app is seen on a smartphone in this illustration taken July 13, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register July 10 (Reuters) – Twitter Inc (TWTR.N) has hired U.S. law firm Wachtell, Lipton, Rosen & Katz LLP as it prepares to sue Elon......

How Republican-led states are targeting Wall Street with ‘anti-woke’ laws

Reuters
WASHINGTON, July 6 (Reuters) – Republican-led states have unleashed a policy push to punish Wall Street for taking stances on gun control, climate change, diversity and other social issues, in a warning for companies that have waded in to fractious social debates. Abortion rights are poised to be the next......

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