Author Archives: Syndicated Content
Apollo to acquire Verizon's media assets for $5 billion
(Reuters) - Apollo Global Management said it has agreed to buy Verizon Communications' media unit that includes Yahoo and AOL for $5 billion, the U.S wireless carrier said on Monday. Under deal terms,...
May 03, 2021
U.S. screens 1.63 million people at airports, highest since March 2020
WASHINGTON (Reuters) - The U.S. Transportation Security Administration (TSA) said it screened 1.63 million passengers on Sunday at U.S. airports, the highest number since March 2020, when the coronavi...
May 03, 2021
Russian military in Armenia reinforce areas near Azeri border- agencies
MOSCOW (Reuters) - Russia's military set up two new military sites in the south of Armenia near the Azeri border as an "additional security guarantee" following last year's conflict, Russian news agen...
May 03, 2021
Bombardier sees 18% jump in first-quarter business jet revenues
(Reuters) -Bombardier Inc said on Monday it expects first-quarter business jet revenues to rise by 18% to $1.3 billion from a year ago, helped by improving demand for air travel. The Montreal-based ma...
May 03, 2021
Warren Buffett says Greg Abel is his likely successor at Berkshire Hathaway
(Reuters) - Warren Buffett ended long-running speculation about his successor at Berkshire Hathaway Inc by saying Greg Abel, who oversees the conglomerate's non-insurance businesses, would be named ch...
May 03, 2021
U.S. foundation launches with $125 million from business leaders to combat anti-Asian hate
By Joseph Ax (Reuters) - A new organization dedicated to supporting Asian-American and Pacific Islander causes launched on Monday with a $125 million financial commitment over five years, vowing to cr...
May 03, 2021
New wave of COVID-19 infection threatens Costa Rica tourist revival
By Alvaro Murillo SAN JOSE (Reuters) - Costa Rica's internationally renowned green escapes are likely to suffer through a second year of costly tourist hesitancy as the spread of the pandemic intensif...
May 03, 2021
UK on course to ditch social distancing rule in June - PM Johnson
LONDON (Reuters) - Britain is on course to ditch on June 21 the social distancing rule that means people need to stay at least one metre apart, Prime Minister Boris Johnson said on Monday. "I think we...
May 03, 2021
Norwegian wealth fund rethinks working week in wake of pandemic
By Gwladys Fouche OSLO (Reuters) - Staff at Norway's $1.3 trillion sovereign wealth fund will only be asked to come to work at the office on Tuesdays and Thursdays once the COVID-19 pandemic is over, ...
May 03, 2021
Fidelity halves valuation of Ant Group after Chinese crackdown: WSJ
(Reuters) - U.S. asset manager Fidelity Investments has cut its valuation of Chinese financial technology giant Ant Group in half in its latest filings assessing the worth of the shares its funds hold...
May 03, 2021
