deal
Ukraine has “expressed readiness” to accept a US proposal for a 30-day cease-fire with Russia.The US will resume the flow of arms and intelligence to Ukraine.The next challenge for the Trump administration will be getting Russia to agree.KYIV, Ukraine — Kyiv is open to a cease-fire with Moscow, but that’s…
Vistra reported earnings Thursday, and its stock fell 11% that day as of publication time.The energy company is in talks with data centers on powering the facilities with its nuclear fleet.Investors want to see a deal signed. The CEO said regulatory hurdles are holding up the process.The AI boom has…
Hedge fund competition over portfolio managers has pushed compensation into the tens of millions.But contracts are nuanced and can include profit accelerators, cost sharing, and IP ownership.Headline figures also come with caveats, clawbacks, and even million-dollar break-up fees.Has it ever been more expensive to hire a hedge fund portfolio manager?Amid…
By Dietrich Knauth NEW YORK (Reuters) – Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company’s years-long effort to resolve thousands of lawsuits over its addictive pain medication OxyContin. The company still needs to hammer out…
By Jonathan Saul and Helen Reid LONDON (Reuters) – Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen’s Houthis will continue to attack shipping, industry executives said.…
By David Shepardson WASHINGTON (Reuters) -U.S. President-elect Donald Trump’s incoming national security adviser said on Thursday the new administration will keep TikTok alive in the United States if there is a viable deal. “We will put measures in place to keep TikTok from going dark,” U.S. Representative Mike Waltz told…
WASHINGTON (Reuters) – Negotiators reached a phased deal on Wednesday to end the war in Gaza between Israel and Hamas, an official briefed on the negotiations said, after 15 months of conflict that has killed tens of thousands of Palestinians and inflamed the Middle East. The accord, which has not…
Koyaana Redstar, a luxury bag authenticator, has decades of experience identifying fake Hermès Birkin bags.She said that the viral “Walmart Birkin,” or “Wirkin,” has several telltale signs of being a dupe.But Walmart is also not trying to convince anybody that the Wirkin is the real deal, she added.This as-told-to essay…
By Andres Gonzalez, Christoph Steitz and Emma-Victoria Farr LONDON/FRANKFURT (Reuters) – Berlin has sounded out potential buyers for Uniper in a deal that could see the government selling its entire holding in the $18.8 billion energy utility, three people with knowledge of the matter said. Germany’s government, which owns 99.12%…
By Laila Kearney and Seher Dareen NEW YORK (Reuters) – U.S. nuclear power provider Constellation Energy (NASDAQ:) on Friday agreed to buy privately-held and geothermal company Calpine Corp for $16.4 billion, marking one of the biggest acquisitions in the history of the U.S. power industry. The cash-and-stock deal comes at…
