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Beyond Meat stock sinks to all-time low after it launches convertible debt exchange offer

By Caroline Valetkevitch NEW YORK (Reuters) -Shares of Beyond Meat slumped to a record low on Monday after the maker of plant-based meat launched an exchange offer for convertible bonds to cut more than $800 million in debt.  The stock was last down 32.1% at $1.93, ...
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Jennifer Garner’s baby food company Once Upon a Farm files for US IPO

(Reuters) -Organic baby food company Once Upon a Farm on Monday filed for an initial public offering in the United States. U.S. IPO activity has picked up in recent months, reversing a slowdown earlier in the year when trade-policy uncertainty curbed momentum. Once Upon a Farm ...
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Exclusive-Switzerland and UBS could compromise on capital rules, sources say

By Ariane Luthi and Oliver Hirt ZURICH (Reuters) -Switzerland and UBS are signalling in private a willingness to compromise on capital rules, potentially paving the way for parliament to settle on lower requirements acceptable to the government and the bank, according to people familiar with ...
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Mexico meat sector decries new livestock movement rules, ivermectin requirement to battle screwworm

By Cassandra Garrison and Tom Polansek MEXICO CITY (Reuters) -Mexico’s meat industry is pushing back against new government regulations on livestock movement as tensions with the United States heat up over an outbreak of the flesh-eating screwworm parasite. Restricting movement of livestock from the south to ...
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Hedge fund Bridgewater picks contest winners from five countries for hiring program

By Ateev Bhandari (Reuters) -Bridgewater Associates, the hedge fund founded by billionaire Ray Dalio, has selected five finalists from four continents for a talent program that offers $25,000 awards and a potential job, the hedge fund said in a video seen by Reuters. The “Forecasting the ...
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Fed’s Williams says cutting rates aimed at bolstering job market

(Reuters) -Federal Reserve Bank of New York President John Williams said Monday that emerging signs of weakness in the labor market drove his support for cutting interest rates at the most recent central bank meeting. “It made sense to move interest rates down a little ...
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Fed’s Musalem: Open to further cuts but must be cautious

WASHINGTON (Reuters) -St. Louis Federal Reserve President Alberto Musalem said he was open to further interest rate cuts but the Fed must be cautious and keep rates high enough to continue to lean against inflation that remains roughly a percentage point above the central ...
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TD bank reinstates medium term growth target, focuses on high fee segments

TORONTO (Reuters) -TD Bank on Monday forecast return on equity of about 16% for the next four years, reinstating a growth target it suspended in December as it recovered from a historic $3 billion fine in the United States for anti-money laundering failings. The ...
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Convertible bond deals surge to five-year high as firms hunt cheaper capital

By Patturaja Murugaboopathy (Reuters) -Global companies are ramping up convertible bond issuance in 2025, taking advantage of strong equity markets and investor appetite for hybrid debt, with tech and growth firms raising funds to avoid high borrowing costs. According to Dealogic data, companies have raised ...
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Ferrari chair faces new legal battle with mother over Agnelli inheritance

By Emilio Parodi MILAN (Reuters) -Ferrari and Stellantis chair John Elkann faces a new legal battle with his mother after her lawyers on Monday presented what they said was a previously undisclosed handwritten amendment to the will of her father, the late Gianni Agnelli. The note, ...
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Factbox-Private equity and sovereign wealth funds revive large leveraged buyouts

(Reuters) -Leveraged buyouts are making a strong comeback after years of muted activity, fueled by private equity firms and sovereign wealth funds targeting high-profile technology, media and consumer companies. The resurgence underscores cheap debt markets, abundant dry powder and a search for stable cash flows ...
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First Brands files for bankruptcy, revealing billions of dollars in liabilities 

By Shivansh Tiwary, Saeed Azhar and Anirban Sen NEW YORK (Reuters) -U.S. auto parts maker First Brands filed for bankruptcy protection on Monday after disclosing liabilities exceeding $10 billion, marking the collapse of a company whose rapidly deteriorating finances have shocked debt investors in recent ...
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