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Harley-Davidson spins off LiveWire in $1.8 billion SPAC merger
October 13, 2022October 7, 2022 suediccascom

Harley-Davidson spins off LiveWire in $1.8 billion SPAC merger

Business

Harley-Davidson Inc (HOG.N) on Tuesday spun off its electric motorcycle division LiveWire in a SPAC deal creating the first publicly traded electric motorcycle company in

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Citi hires six Hispanic-owned firms to underwrite bond offering
October 12, 2022October 7, 2022 suediccascom

Citi hires six Hispanic-owned firms to underwrite bond offering

Business

Citigroup Inc said on Tuesday it had hired six Hispanic-owned firms to co-manage its $2.75 billion bond offering, a week after the lender set new

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Credit Suisse loses top executives Welter and McCarthy
October 11, 2022October 7, 2022 suediccascom

Credit Suisse loses top executives Welter and McCarthy

Business

Credit Suisse (CSGN.S) announced the departure of two senior executives, global co-head of banking Jens Welter and global head of global credit products Daniel McCarthy,

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L’Oreal to face lawsuit over wrinkle-smoothing collagen claims
October 10, 2022October 7, 2022 suediccascom

L’Oreal to face lawsuit over wrinkle-smoothing collagen claims

Business

L’Oreal SA (OREP.PA) on Tuesday failed to persuade a U.S. judge in Manhattan to dismiss a proposed class action lawsuit accusing the company of defrauding

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Renault boss de Meo quits Telecom Italia’s board of directors
October 9, 2022October 7, 2022 suediccascom

Renault boss de Meo quits Telecom Italia’s board of directors

Business

Telecom Italia (TIM) (TLIT.MI) said on Tuesday that Renault (RENA.PA) boss Luca de Meo had resigned as director at Italy’s biggest phone company to focus

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Options activity hints U.S. stock market has not reached bottom- Barclays
October 8, 2022October 7, 2022 suediccascom

Options activity hints U.S. stock market has not reached bottom- Barclays

Business

Options trading activity does not yet hint at a bottom in U.S. stocks, Barclays derivatives strategists said on Tuesday, rebutting speculation among some investors that

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U.S. core capital goods orders surge; consumer confidence rises further
October 7, 2022 suediccascom

U.S. core capital goods orders surge; consumer confidence rises further

Business

New orders for U.S.-manufactured capital goods increased more than expected in August, suggesting that businesses remained keen to invest in equipment despite higher interest rates,

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