Nestle confirms sale of Buitoni brand's North American business
Nestle SA is selling the North American business of its Buitoni pasta brand to private-equity firm Brynwood Partners, the Swiss food group said on Monday.
Nestle SA is selling the North American business of its Buitoni pasta brand to private-equity firm Brynwood Partners, the Swiss food group said on Monday.
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The Financial Brand | Jim Marous | Jun 8, 2020 The COVID-19 crisis, combined with the recent incidents involving racial injustice, result in a dual pandemic for minority neighborhoods across the country. Financial institutions must increase their resolve to support racial and gender equality, diversity and inclusion within their organizations and in their communities. While
Austria has agreed to a smaller-than-expected bailout package for Lufthansa unit Austrian Airlines of 450 million euros ($508 million) in loans and grants, people familiar with the matter said on Monday.
BP plans to cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the oil and gas major to renewable energy, company sources told Reuters on Monday.
Austria has agreed to a smaller-than-expected bailout package for Lufthansa unit Austrian Airlines of 450 million euros ($508 million) in loans and grants, people familiar with the matter said on Monday.
Ryanair believes Britain's courts will either strike down a 14-day quarantine for international travellers this week or the government will drop the measure before the end of June, boss Michael O'Leary told Reuters on Monday.
"I have the least growth weighting in my portfolio that I've had in maybe six or seven years," Druckenmiller told CNBC.
Fiat Chrysler's planned $50 billion merger with Peugeot maker PSA has hit a bump after EU regulators voiced concerns about the companies' market share in small vans, indicating concessions may be required, sources said.
While a majority of stimulus payments are out the door, millions of Americans are still waiting for their money. Here's the latest on who is affected and what you can do to make sure you're on the government's radar.
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The Allianz chief economic advisor, who in early March correctly called a coronavirus-driven bear market, told CNBC he's reluctant to buy the recent reopening rally.
BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the oil and gas major to renewable energy, it said on Monday.
Shares of U.S. drugmaker Gilead Sciences Inc rose over 5% in premarket trading on Monday after a report it had been approached by Britain's AstraZeneca for a possible merger to form one of the world's largest drug companies.
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