IBT Staff Reporter

6751-6780 (out of 154954)

Twitter Plans Shareholder Vote By August On Sale To Musk

Twitter Inc plans to hold a shareholder vote by early August on its $44 billion sale to Elon Musk, as it continues to work "constructively" to complete the deal with the world's richest person, the social media company's top executives told employees on Wednesday.

As Bank Of Canada Sprints To Neutral, Bets Of Recession Climb

Canada's central bank has signaled plans to race ahead with a series of oversized hikes to curb inflation, upping the risk of plunging the economy into a recession, say economists, though worth it if it keeps rapid price rises from becoming entrenched.

Credit Suisse Shares Spike On Reported State Street Takeover Interest

Shares in Credit Suisse turned sharply higher on Wednesday afternoon, with traders citing an Inside Paradeplatz report https://insideparadeplatz.ch/2022/06/08/state-street-will-offenbar-cs-uebernehmen that U.S-based State Street is planning a takeover bid for the troubled lender, though some in the industry doubt the claim.

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