financetom
Business
financetom
/
Business
/
PRESS DIGEST- Wall Street Journal - Jan 21
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST- Wall Street Journal - Jan 21
Jan 20, 2025 10:24 PM

Jan 21 (Reuters) - The following are the top stories in

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

- Bain Capital is in talks to acquire Mitsubishi Chemical

Group's ( MTLHF ) pharmaceutical business in a potential

multibillion-dollar deal, possibly amounting to $3.21 billion.

- Singapore-based Olam Group is close to

announcing a deal to sell the remainder of its stake in its

agricultural products business to the state-owned Saudi

Agricultural and Livestock Investment Company.

- President Donald Trump signed executive orders to overhaul

border and energy policies and end diversity programs across the

federal government, unwinding signature Biden administration

policies on the first day of his second term.

- The union workers of Costco Wholesale ( COST ) have

authorized a strike after coming to an impasse negotiating with

the warehouse retailer two weeks before the current collective

agreement is set to expire.

- Telefonica replaced Jose Maria

Alvarez-Pallete with Indra's Marc Murtra as executive chair of

the company, saying some of its relevant shareholders wanted a

change at the helm.

- The Chinese Foreign Ministry said companies can make their

own decisions on operations and acquisitions, a reversal of the

government's previous position that it would block any forced

sale of TikTok.

(Compiled by Bengaluru newsroom)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved