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EXCLUSIVE Activist investor Macellum prepares Kohl’s board challenge
December 22, 2021December 16, 2021 mattheracom

EXCLUSIVE Activist investor Macellum prepares Kohl’s board challenge

Business

Activist hedge fund Macellum Advisors GP LLC is planning to nominate directors to Kohl’s Corp’s (KSS.N) board because it believes the U.S. retailer has not

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Braskem shares plunge on delayed Petrobras disposal
December 21, 2021December 16, 2021 mattheracom

Braskem shares plunge on delayed Petrobras disposal

Business

Shares in Brazil’s Braskem SA (BRKM5.SA) plunged on Thursday after state-run oil company Petrobras (PETR4.SA) said it has yet to decide when and how to

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Wall Street analysts’ 2022 outlook for S&P 500
December 20, 2021December 16, 2021 mattheracom

Wall Street analysts’ 2022 outlook for S&P 500

Business

Wall Street analysts have begun rolling out their predictions for U.S. equity markets in 2022. The benchmark S&P 500 index (.SPX) has risen nearly 25%

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China raises banks’ FX reserve requirements for 2nd time this year
December 19, 2021December 16, 2021 mattheracom

China raises banks’ FX reserve requirements for 2nd time this year

Business

China’s central bank has directed financial institutions to hold more foreign exchange in reserve for a second time this year, with markets interpreting it as

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Germany clears Mercedes-Benz’s hands-free drive system
December 18, 2021December 16, 2021 mattheracom

Germany clears Mercedes-Benz’s hands-free drive system

Business

Germany’s car watchdog has cleared Mercedes-Benz’s semi-autonomous driving system, paving the way for the Daimler AG (DAIGn.DE) subsidiary to begin offering its Drive Pilot system

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Generali launches corporate cyber insurance services
December 17, 2021December 16, 2021 mattheracom

Generali launches corporate cyber insurance services

Business

Generali (GASI.MI), Accenture (ACN.N) and Vodafone (VOD.L) have created a package of cyber security services to help the insurer’s corporate clients to detect, react and

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Mexico inflation quickens faster than expected to 20-year high
December 16, 2021 mattheracom

Mexico inflation quickens faster than expected to 20-year high

Business

Mexican annual inflation accelerated faster than expected in November to its highest level in over two decades, official data showed on Thursday, reinforcing bets the

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