Aug 4 - Goldman Sachs ( GS ) has named Marko Ratesic as vice chairman of the consumer retail group within its investment bank, according to a memo seen by Reuters on Monday. Goldman has recently advised on several blockbuster consumer and retail deals, including candy maker Mars' $36 billion agreement to buy Pringles maker Kellanova ( K ) last...

10:20 AM EDT, 08/04/2025 (MT Newswires) -- (Updates throughout with details from company press release.) Walmart ( WMT ) said Friday that Ignacio Caride, chief executive officer of Walmart Mexico and Central America submitted his resignation with immediate effect. With Caride's resignation, Cristian Barrientos Pozo was appointed as interim leader of Walmart ( WMT ) de Mexico y Centroamerica until...

10:21 AM EDT, 08/04/2025 (MT Newswires) -- Chevron's ( CVX ) acquisition of Hess in July strengthens the oil and gas company's business, growth and portfolio duration, analysts at Morgan Stanley said in a note to clients Monday. The deal is expected to be 3.5% accretive to 2026 free cash flow per share, boosting the 2025-2030 cash flow compound annual...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...