Walgreens shelves pharmacy Boots’ sale as market turmoil hits dealmaking

People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, US, November 26, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Walgreens Boots Alliance (WBA.O) on Tuesday scrapped the plan to sell its UK high street pharmacy chain, … Read more

Ecuador oil output halved, indigenous leader says protests to carry on

QUITO, June 26 (Reuters) – Ecuador’s oil production has fallen by more than half due to road blockades and vandalism connected to nearly two weeks of anti-government protests, the energy ministry said on Sunday. The sometimes-violent demonstrations by largely indigenous marchers demanding lower fuel and food prices, among other things, began on June 13 and … Read more

Rise of women to top of UK finance is ‘stagnating’

The City of London financial district is seen in London, Britain, October 22, 2021. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com Register LONDON, June 23 (Reuters) – Britain’s six -year drive to increase the number of women in senior management at financial firms is “stagnating” for the first time, a review for … Read more

US labor market remains tight; business activity slowing

Weekly jobless claims fall 2,000 to 229,000 Continuing claims increase 5,000 to 1.315 million Business activity slows in June; new orders plummet WASHINGTON, June 23 (Reuters) – The number of Americans filing new claims for unemployment benefits edged down last week as labor market conditions remained tight, though a slowdown is emerging amid high inflation … Read more

Nikola founder asks judge to block evidence of ‘wealth’, ‘lifestyle’ in fraud case

Trevor Milton, founder and former-CEO of Nikola Corp., exits the Manhattan Federal Courthouse following an appearance in New York City, US, July 29, 2021. REUTERS / Eduardo Munoz / File Photo Register now for FREE unlimited access to Reuters.com Register June 21 (Reuters) – Trevor Milton, the billionaire founder and former chief executive of Nikola … Read more

Banks diversity push sees Citigroup recruit associates in US from outside finance

NEW YORK, June 17 (Reuters) – Facing intense competition for talent and pressure to hit diversity goals, banks are getting more creative in their hiring, with Citigroup Inc (CN) recruiting US associates this summer without banking experience or business degrees. Launched this year, Citigroup’s pilot program aims to boost its diversity goals by recruiting associates … Read more

Norway oil sector union leader says wage deal is ‘good enough’

Equinor’s Johan Sverdrup oilfield platforms and accommodation jack-up rig Haven are pictured in the North Sea, Norway December 3, 2019. REUTERS / Ints Kalnins Register now for FREE unlimited access to Reuters.com Register OSLO, June 17 (Reuters) – The leader of a union representing Norwegian oil workers said she would recommend to members a wage … Read more

The US lab market appears to be cool; homebuilding slumps as rates surge

The “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, US, May 9, 2022. REUTERS / Mike Blake / File Photo Register now for FREE unlimited access to Reuters.com Register Weekly jobless claims fall from 3,000 to 229,000 Continuing claims rise from 3,000 to 1,312 million Housing … Read more

Column: Goldman sparks bear-bull battle in the lithium market: Andy Home

LONDON, June 15 (Reuters) – Is the white-hot lithium market about to be dowsed in a cold cyclical shower of oversupply? Goldman Sachs thinks so. “We expect lithium prices to continue to correct for the rest of the year and remain under pressure from increasing supply over the next few years,” the Wall Street heavyweight … Read more

Paris snaps at heels of London in overseas finance investment ranks

Women enjoy the view of Sacre-Coeur Basilica of Montmartre and Eiffel Tower at the Parc de Saint-Cloud near Paris, France, April 26, 2022. REUTERS/Gonzalo Fuentes/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, June 13 (Reuters) – France made up more ground on Britain in attracting overseas direct investment into financial services … Read more