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Exclusive-Chevron joins race to explore potential purchase of Lukoil assets, sources say

By Shariq Khan, Anna Hirtenstein and Dmitry Zhdannikov LONDON (Reuters) -U.S. oil major Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar with the process told Reuters on Monday. The U.S. Treasury gave clearance last week to ...
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Satellite provider York Space Systems files for US IPO

(Reuters) -Private equity-backed satellite provider York Space Systems filed for an initial public offering in the United States on Monday. IPO activity in the United States is expected to pick up into the end of the year as companies look to seize on a narrow ...
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Cash price for popular weight loss drug Wegovy dropping 30% Monday, manufacturer says

(NEW YORK) -- The cash price for popular weight-loss medications Wegovy and and the medication authorized for people with type 2 diabetes Ozempic are dropping by 30% in U.S. on Monday, according to Novo Nordisk, the Danish pharmaceutical company that manufactures both drugs.The new ...
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Fed needs to move slowly with further rate cuts, Jefferson says

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Vice Chair Philip Jefferson said on Monday the U.S. central bank needs to "proceed slowly" with any further interest rate cuts as it eases policy towards a level that would likely stop putting downward pressure on inflation. In remarks ...
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Wall St falls at open with eyes on Nvidia earnings, data

(Reuters) -Wall Street's main indexes fell at the open on Monday, heading into a packed week that includes AI bellwether Nvidia's results and the resumption of government data releases. The Dow Jones Industrial Average fell 79.4 points, or 0.17%, at the open to 47068.06. The ...
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Bubble Wrap maker Sealed Air to go private in $10.3 billion CD&R deal

By Aishwarya Jain (Reuters) -U.S. packaging company Sealed Air Corp said on Monday it agreed to be bought by private equity firm CD&R for $10.3 billion, including debt, in a deal that will take the company off the stock market. Under the agreement, Sealed Air shareholders ...
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Ukraine plans to buy up to 100 Rafale warplanes and air defense systems from France

PARIS (AP) - Ukraine on Monday signed a letter of intent to buy up to 100 Rafale warplanes, drones, air defense systems and other key equipment from France over the next 10 years, as part of efforts to strengthen the country's long-term security. Ukrainian ...
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Mexico hands over some flight slots at capital airport from Mexican airlines to US carriers

By Kylie Madry MEXICO CITY -Mexican President Claudia Sheinbaum said on Monday that Mexican airlines had agreed to hand over some flight slots at the nation's busy capital airport to U.S. carriers, amid an ongoing spat between the countries over flight distribution. "Several weeks ago, there ...
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KKR to buy up to $75.4 billion of PayPal’s European BNPL loans in renewed deal

(Reuters) -PayPal and KKR have renewed their partnership that will see the investment giant purchase up to 65 billion euros ($75.4 billion) of the payments provider's European buy now, pay later loans, the companies said on Monday. The new deal, which includes a replenishing loan ...
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Ford to sell used vehicles on Amazon, joining Hyundai

By Nora Eckert DETROIT (Reuters) -Amazon shoppers can browse and buy Ford Motor vehicles on the e-commerce platform starting on Monday, joining Hyundai in adding online options for customers who want to avoid dealership lots. The Dearborn, Michigan-based automaker and the tech company said customers ...
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Novo chops Wegovy prices, but doctors still see affordability challenges for patients

Novo Nordisk is chopping prices again for its popular obesity treatment Wegovy, but doctors say the expense will remain challenging for patients without insurance. The drugmaker said Monday that it has started selling higher doses of the injectable treatment for $349 a month to patients ...
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Emirates announces an order of 65 Boeing 777-9s with list price of $38 billion at Dubai Air Show

DUBAI, United Arab Emirates (AP) - The biennial Dubai Air Show opened on Monday with hometown airline Emirates ordering 65 of Boeing's upcoming 777-9 aircraft, as the carrier looks to increase its fleets off record earnings and unending demand for flights through this East-West ...
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