Month: January 2024
Burger King owner Restaurant Brands buys chain's largest U.S. franchisee
Burger King fast food restaurant with menu and customers. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International is buying Carrols Restaurant Group, the largest Burger King franchisee in the U.S., for about $1 billion in cash. Restaurant Brands will pay $9.55 per share to acquire Carrols, which operates more than 1,000 […]
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Synopsys to obtain graphics software program maker Ansys in $35 billion tech deal
Ajei Gopal, CEO, Ansys Scott Mlyn | CNBC Semiconductor layout and program agency Synopsys on Tuesday declared it would receive Ansys, a engineering and item design and style program organization, in a cash-and-stock offer valued at about $35 billion. Synopsys will shell out thing to consider of around $390 for every share: $197 for every-share […]
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Goldman Sachs tops revenue estimates on better-than-expected asset management results
Goldman Sachs on Tuesday posted fourth-quarter results that topped analysts’ expectations on better-than-expected asset and wealth management revenue. Here’s what the company reported versus what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, expected: Earnings: $5.48 per share; it wasn’t immediately clear if that was comparable to the $3.51 estimate of analysts surveyed […]
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2024's wave of elections predicted to derail foods safety development
Skaman306 | Minute | Getty Photographs DAVOS, SWITZERLAND — The slew of impending international elections could derail international attempts to protected extended-phrase foodstuff provides, according to the International Fund for Agricultural Development (IFAD). President Alvaro Lario advised CNBC that small-time period politics will most likely dominate in excess of for a longer period-time period approach […]
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'We have a massive fiscal trouble': Banking team IIF seems the alarm on document world credit card debt
BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central small business district at sunset on November 13, 2023 in Beijing, China. (Picture by Gao Zehong/VCG through Getty Photographs) Vcg | Visual China Team | Getty Visuals The chief govt of the Institute of Intercontinental Finance warned Tuesday that policymakers require to quickly deal […]
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Amazon, Microsoft, Meta and other folks accused by rivals of not respecting new EU level of competition policies
The logos of Google, Apple, Fb, Amazon and Microsoft shown on a cell phone with an EU flag demonstrated in the background. Justin Tallis | AFP by using Getty Pictures A raft of key technological know-how and media firms have signed an open up letter accusing tech giants of failing to bring their corporations into […]
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Dow futures tumble a lot more than 100 factors to begin the shortened trading week: Stay updates
ECB officials reiterate data-pushed technique to policy Officers at the European Central Financial institution reiterated that any modifications to financial coverage will be dependent on how a great deal — and how quickly — inflation in the area is strengthening. “It really is as well early to declare victory … the career is not nevertheless […]
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Ukraine war latest updates: Ukraine foreign minister muses about 'punching' Russia's Lavrov; thousands evacuated in Kharkiv region
Russia is ‘failing’ on its strategic goals, EU chief says European Commission President Ursula von der Leyen looks on during a press conference. John Thys | Afp | Getty Images Russia is “failing” both militarily and economically, European Commission President Ursula von der Leyen said Tuesday. “Russia is failing on strategic goals,” von der Leyen said […]
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Ripple CEO calls U.S. SEC Chair Gary Gensler a 'political liability'
Brad Garlinghouse, main government officer of Ripple Labs Inc.,speaks through the Token2049 conference in Singapore, on Wednesday, Sept. 13, 2023. Joseph Nair | Bloomberg | Getty Illustrations or photos Ripple CEO Brad Garlinghouse fired off criticism at U.S. Securities and Exchange Fee Chairman Gary Gensler on Tuesday, calling the SEC main a “political liability” amid […]
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Divide in between political elites and the operating course is a big risk, Allianz CEO says
Oliver Bäte, chief executive of German insurance coverage group Allianz. Nurphoto | Nurphoto | Getty Pictures A escalating detachment between political leaders and populations presents the most significant chance in a fast paced election calendar year, in accordance to Allianz CEO Oliver Bäte. Along with an increasing conflict in the Center East and Russia’s ongoing […]
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