Saudi Arabia plans to increase its oil production next month, in contrast to the recent decline in large production, a sign of growing confidence in the recovery in oil prices, Kingdom advisers said. The world’s largest oil exporter surprised oil markets last month when it said it would cut crude …
Read More »Carl Eikan sells more than half of his herbalife stakes
Carl Ika sold half of his stake in Herbalife Nutrition Ltd. HLF 0.54% And Nutrition-Supplements is relinquishing its seats on the company’s board, and its long-held investment has strongly defended itself against the onslaught of rival activist investor William Ackman. Mr Ukah had sold about 600 600 million of the …
Read More »MGM wants access to the owner of Ledbrooks
MGM Resorts International MGM 1.03% British gaming company Antine ENT is seeking to buy -1.56% PLC, according to people familiar with the matter, in a recent move by the casino operator to double the red-hot amb online-gambling business. MGMA recently made an offer to buy the owner of the British …
Read More »Alden wants to buy Global Tribune Publishing
A hedge fund that has a large stake in Tribune Publishing Co. Tipico 0.31% According to people familiar with the matter, the Chicago Tribune and the New York Daily News are seeking to buy the newspaper chain behind the headlines. Alden Global Capital LLC, which is already the Tribune’s largest …
Read More »U.S.A. claims Wal-Mart, fueled by opioid crisis
WASHINGTON Trump The Trump administration on Tuesday fired Mart Mart Inc. Claimed on. The Justice Department claims that Walmart seeks to increase profits by reducing its pharmacies and forcing employees to fill prescriptions faster. This makes it difficult for pharmacists to reject invalid prescriptions, enabling widespread drug abuse across the …
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