Friday, 8 April 2022

Reuters Business: Lowe's CFO to step down

Lowe's CFO to step down

Lowe's Cos Inc said on Friday Chief Financial Officer David Denton would step down in order to pursue another opportunity at a publicly traded company outside the industry.

Speculators pare back net long U.S. dollar bets in latest week -CFTC, Reuters data

Speculators' net long positioning on the U.S. dollar fell in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.

Nvidia seeks approval to double authorized shares to 8 bln

Chipmaker Nvidia Corp said on Friday it would seek shareholders' approval to increase the number of authorized shares of common stock to 8 billion from 4 billion.

EXCLUSIVE Buyout firms GTCR, CD&R circle Merit Medical -sources

GTCR LLC and Clayton, Dubilier & Rice (CD&R) are among private equity firms that have expressed interest in acquiring U.S. medical device manufacturer Merit Medical Systems Inc , according to people familiar with the matter.

United Airlines delays return of some Boeing 777s until May

United Airlines confirmed on Friday it has delayed the return of some grounded Boeing 777 planes with Pratt & Whitney 4000 engines until at least May 12.

U.S. judge in Google case not convinced company's conduct will get sanction

The U.S. federal judge hearing the government's antitrust case against Alphabet's Google said on Friday he was not convinced that he had the authority to sanction the company for overzealous use of attorney-client privilege if it occurred before the Justice Department's lawsuit was filed.

Munich Re tightens up cyber insurance policies to exclude war

Munich Re is planning new wordings in cyber insurance policies to exclude war, to avoid disputes over what is covered, the reinsurer's top cyber underwriter told Reuters.

Russia to scrap 12% commission on FX buying through brokerages on April 11

Russia will scrap a 12% commission on buying foreign currency through brokerages starting from April 11, Tinkoff bank and Alfa Bank said on Friday, after a sharp rally in the rouble raised concerns about its economic and financial impact.

U.S. FAA names new aircraft certification director

The Federal Aviation Administration (FAA) said on Friday it is naming a new head of its aircraft certification service as the agency works to implement significant reforms Congress ordered in December 2020.

IDB chief, facing possible probe, says allegations against him being 'weaponized'

The head of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, on Friday said he was the target of an "anonymous political media campaign" after Reuters reported the bank's directors were looking into an accusation that he had an inappropriate relationship with a subordinate.

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