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Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - Yesterday -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - Yesterday -
ECB challenges Serbian bank’s takeover bid over money laundering concerns
Stakebuilding in Austrian lender Addiko under scrutiny by central bankBusiness - Financial Times - October 14 -
TPG and Blackstone team up to bid for eyecare group Bausch + Lomb
Deal could be among year’s largest private equity buyouts as contact-lens maker looks to split from indebted parentBusiness - Financial Times - October 14 -
Mulberry's Majority Shareholder Rejects Sweetened Bid From Frasers
The British luxury brand’s majority shareholder declined a sweetened offer from Frasers Group to take full ownership for $94.1 million.Business - The Wall Street Journal - October 14 -
Trump makes latest bid at moving hush money case to federal court
Former President Trump’s attorneys on Monday made their latest bid at moving his hush money criminal case to federal court, telling an appeals panel that a lower judge’s refusal to do so was ...Politics - The Hill - October 15 -
Meloni targets banks and insurers to raise €3.5bn to plug Italian budget
Rome approves proposals targeting deferred tax payments and stock options in financial sectorWorld - Financial Times - October 15 -
Harris launches media blitz in bid to regain momentum against Trump
Vice-president starts with pitch to Black voters after top Democrats express concern about campaignBusiness - Financial Times - October 16 -
FirstFT: Musk backs Trump election bid with $75mn donation
Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capitalWorld - Financial Times - October 16 -
Imran Khan uni chancellor bid rejected, says adviser
Mr Khan applied for the role from prison in Pakistan, where he has been for over a year.Top stories - BBC News - October 16 -
NBCUniversal to Stream Local Sports on Peacock, in Bid for Cord-Cutters
Regional channels carrying the Golden State Warriors, Boston Celtics and other teams are to be made available on the streaming service.Business - The Wall Street Journal - October 16 -
The Musk-led group driving millions to Trump’s White House bid
Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox NewsWorld - Financial Times - October 17 -
Uber has discussed a bid for travel booking company Expedia
Uber has discussed a potential bid for the travel booking company Expedia, CNBC confirmed.Business - CNBC - October 17 -
Casey leads McCormick by 9 points in Pennsylvania Senate reelection bid: Poll
Pennsylvania Sen. Bob Casey (D) is leading by 9 points in his Senate reelection bid against Republican challenger David McCormick, a new survey found. The UMass Lowell/YouGov poll found Casey ...Politics - The Hill - October 17 -
David Lammy, U.K. Foreign Secretary, Visits China in Bid to Reset Relations
David Lammy is set to meet China’s foreign minister in Beijing on Friday, in a trip the British government said would acknowledge “areas of contention as well as areas for cooperation.”World - The New York Times - October 18 -
Barca chief says club rejected $270M Yamal bid
Barcelona president Joan Laporta claims the club turned down an offer worth $270 million (€250M) for forward Lamine Yamal in the summer.Sports - ESPN - October 18 -
Metals trader IXM bids to become China’s answer to Glencore
Chief executive Kenny Ives reshapes CMOC-owned firm and expands into lithium tradingWorld - Financial Times - October 18 -
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficitWorld - ABC News - October 18 -
Lee: Cruz, Scott need more help in reelection bids
Senate Steering Committee Chair Mike Lee (R-Utah) is calling for GOP political funding groups to spend more of their resources into Texas and Florida to help embattled conservative Sens. Ted Cruz ...Politics - The Hill - October 18 -
Prosecutors Urge Judge Not to Dismiss Bribery Charge Against Eric Adams
Mayor Eric Adams has asked a judge to drop one of five counts against him and to discipline prosecutors, whom he has accused of improperly leaking information to the news media.Top stories - The New York Times - October 19 -
Top BBVA shareholder sells out over Sabadell hostile bid
GQG Partners, which also holds stakes in Commerzbank and CaixaBank, sold shares during the summerBusiness - Financial Times - October 20 -
Europe markets watchdog bids to become EU’s version of SEC
Verena Ross calls for more centralised powers in response to appetite for stronger capital markets and investment in blocWorld - Financial Times - October 21 -
France takes stake in Sanofi unit as part of €16bn sale to CD&R
Deal for consumer health arm faced political furore over ceding controlling stake to US private equity groupBusiness - Financial Times - October 21 -
Liz Cheney hits Harris campaign trail in bid for Republican battleground voters
Vice President Kamala Harris is courting disaffected Republican voters by hitting the trail with Liz Cheney in the crucial blue wall states of Pennsylvania, Michigan and Wisconsin. Nancy Cordes has ...Top stories - CBS News - October 21 -
House arrest considered as alternative to jail in bid to ease prisons crisis
Major review of sentencing announced as 1,100 inmates are freed in latest phase of early release schemeWorld - Financial Times - October 22 -
Trudeau to slash Canada’s migrant numbers in bid to shore up his government
High living and housing costs prompted public backlash to progressive immigration schemesBusiness - Financial Times - October 24 -
Legal bid for Ecuador forest to be recognised as song co-creator
Petition to Ecuador’s copyright office is first legal attempt to recognise an ecosystem’s moral authorship. A forest in Ecuador could be recognised as the co-creator of a song under a ...World - The Guardian - 6 days ago -
Carlyle drops bid for Thyssenkrupp defence unit over Berlin indecision
US firm faced government reluctance over private equity involvement in German naval vessel makerBusiness - Financial Times - 6 days ago -
Fever ax Sides despite Clark stardom, playoff bid
The Fever have fired coach Christie Sides after two seasons. Sides presided over Caitlin Clark's historic rookie season and led the team to its first postseason appearance since 2016.Sports - ESPN - 4 days ago -
Belarus commission approves Lukashenko's 7th term bid but rejects opposition candidates
The national elections commission in Belarus has registered an initiative group for authoritarian President Alexander Lukashenko to seek a seventh term in office, but rejected the attempts of two ...World - ABC News - 2 days ago -
Saudi Arabia World Cup bid report accused of ‘whitewashing’ rights abuses
Law firm AS&H Clifford Chance failed to include alleged abuse of migrant workers in assessment for Fifa 2034 bid, say rights groups. A report by the Saudi arm of a global law firm on Saudi Arabia’s ...World - The Guardian - 21 hours ago -
Alito denies Cornel West bid for intervention in Pennsylvania ballot access dispute
As the Nov. 5 election draws near, the Supreme Court has been asked to intervene in a growing number of disputes.Politics - CBS News - 9 hours ago