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05 Mar, 2021
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Scientists discover key enzyme responsible for skin blistering in the elderly
Canada’s Couche-Tard drops $20 billion Carrefour takeover plan after French government opposition, say sources

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Category: Business

Canada’s Couche-Tard drops $20 billion Carrefour takeover plan after French government opposition, say sources

January 25, 2021January 19, 2021 quetesaocom

Canada’s Alimentation Couche-Tard has dropped its 16.2 billion euro ($19.6 billion) bid to acquire European retailer Carrefour SA after the takeover plan ran into stiff opposition from the French government, two sources familiar with the matter said on Friday. The Read more

Business

Amazon union election to start in February, U.S. labor board says

January 24, 2021January 19, 2021 quetesaocom

Amazon.com Inc’s first U.S. union election since 2014 is scheduled to begin with the mailing of ballots in early February and a vote count starting March 30, a U.S. labor board official said in a filing on Friday. The announcement Read more

Business

Wall Street closes lower as banks, energy shares tumble

January 23, 2021January 19, 2021 quetesaocom

Wall Street’s main indexes finished lower on Friday, weighed down by big U.S. banks after their earnings reports, while the energy fell sharply due to a regulatory probe into Exxon Mobil Corp. The S&P 500 banks index lost ground as Read more

Business

Credit card firm Capital One fined for violating U.S. anti-money laundering law

January 22, 2021January 19, 2021 quetesaocom

Credit card firm Capital One Financial Corp has been fined $390 million for engaging in what the U.S. government called willful and negligent violations of the Bank Secrecy Act, an anti-money laundering law, a Treasury Department bureau said on Friday. Read more

Business

Trump directs government to minimize procurement from China

January 21, 2021January 19, 2021 quetesaocom

In another action against China days before he leaves office, U.S. President Donald Trump on Friday directed government departments to look at ways to minimize procurement of Chinese goods and services to reduce the risks from espionage, his national security Read more

Business

Data, lockdowns weigh on stocks and oil; dollar rises

January 20, 2021January 19, 2021 quetesaocom

Stock and oil prices fell on Friday, pressured by intensifying lockdowns and weak U.S. retail sales data, while the dollar index posted its largest weekly gain in more than two months. U.S. bond yields and stocks have risen recently, partly Read more

Business

How Carrefour and Couche-Tard compare

January 19, 2021January 19, 2021 quetesaocom

French Finance Minister Bruno Le Maire on Friday expressed strong opposition to a proposed takeover of retailer Carrefour by Canada’s Alimentation Couche-Tard. The Quebec-based convenience store operator on Wednesday said it had submitted a non-binding offer of 20 euros per Read more

Business

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  • Canada’s Couche-Tard drops $20 billion Carrefour takeover plan after French government opposition, say sources
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