(Reuters) - French media mogul Stephane Courbit and his investor partners are said to have offered 20 euros ($19) a share for Bertelsmann SE & Co.'s stake in television company Groupe M6, Bloomberg News reported on Sunday. The offer is a 39% premium to Friday's closing price of 14.43 euros...
The US economy statistical data from 28 July 2022 showed a fall in the US gross domestic product (GDP) for the second consecutive quarter by -0.9%. Generally a decline in GDP reported in two consecutive quarterly periods is an indicator of a recession. However, representatives of President Biden's administration,...
Pre-Open Stock Movers: Mobile Global Esports Inc (NASDAQ:MGAM) 48% HIGHER; sees continued momentum after Friday's IPO. Romeo Power Inc (NYSE:RMO) 22% HIGHER; Nikola Corporation, and Romeo Power Inc, today announced they have entered into a definitive agreement in which Nikola, a global leader in zero-emissions transportation and energy infrastructure solutions, will acquire Romeo, an...
(Reuters) - Kraft Heinz (NASDAQ:KHC) Co raised its forecast for annual organic sales growth and beat quarterly estimates on Wednesday, helped by higher prices for the Heinz ketchup maker's packaged meals and condiments. Pandemic-induced disruptions to the global supply chain and surging raw material costs forced Kraft Heinz, like other...
Investing.com - Wells Fargo (NYSE:WFC)&Co reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Wells Fargo&Co announced earnings per share of $0.82 on revenue of $17.03B. Analysts polled by Investing.com anticipated EPS of $0.8526 on revenue of $17.62B. Wells Fargo&Co shares are down 19% from the beginning...
Investing.com - U.S. Bancorp reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. U.S. Bancorp announced earnings per share of $1.09 on revenue of $6.01B. Analysts polled by Investing.com anticipated EPS of $1.06 on revenue of $5.92B. U.S. Bancorp shares are down 21.22% from the beginning of...

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Oil prices currently relatively stable

On Tuesday morning of 18 October 2022, oil trading - according to economic correspondents - has already relatively stabilized, and after the...

‘Powerful explosions’ behind Nord Stream leaks, Danish police say

By Stine Jacobsen COPENHAGEN (Reuters) - A preliminary investigation of damages to the two Nord Stream gas pipelines in the Danish part of the Baltic...

EU countries at odds over how to tackle energy crisis

By Gabriela Baczynska and Charlotte Van Campenhout BRUSSELS (Reuters) - Croatia and Lithuania want a wholesale gas cap, Germany prefers other solutions, while Finland and...

Russian court fines Amazon 4 million roubles for failure to delete illegal content

MOSCOW (Reuters) -A Moscow court on Tuesday said it had fined Amazon.com Inc (NASDAQ:AMZN) 4 million roubles ($65,000) for failing to remove banned content...

European shares at near two-week high amid UK fiscal plan optimism

By Amruta Khandekar and Devik Jain (Reuters) -Europe's STOXX 600 rose for the fourth straight session on Tuesday, building on the previous session's rally that was driven...