Press Digest: Wall Street Journal - Jan 22
22/01/2024 06:25
Jan 22 (Reuters) - The following are the top stories in
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
- Arkhouse Management that lodged a $5.8 billion bid to buy
Macy's M.N along with Brigade Capital Management threatened to
bring the matter to shareholders if deal talks with the famed
department-store chain don't pick up.
- Exxon Mobil XOM.N is suing two sustainable investment
firms in a bid to block them from putting forward a shareholder
proposal that would commit the oil company to further curb its
greenhouse-gas emissions and target its customers' emissions.
- Agriculture company Archer Daniels Midland ADM.N placed
its chief financial officer, Vikram Luthar, on administrative
leave as it investigates accounting practices at the company.
- La Française des Jeux FDJ.PA is in talks to acquire
Kindred Group KINDsdb.ST for around $2.5 billion, according to
people familiar with the matter, in a deal that would create one
of Europe's biggest online gambling companies.
- The U.S., Egypt and Qatar are pushing Israel and Hamas
to join a phased diplomatic process that would start with a
release of hostages and, eventually, lead to a withdrawal of
Israeli forces and an end to the war in Gaza, diplomats involved
in mediating the talks said.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))