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TheWallStreetJournal

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Seven & I Board Opposes ValueAct's Proposal to Remove CEO, Other Directors

news.movim.eu / TheWallStreetJournal • 18 April, 2023

Seven & i Holdings said its board would oppose a proposal made by San Francisco-based activist investor ValueAct Capital LP to replace board members, including Chief Executive Ryuichi Isaka.

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Bank Indonesia Maintains Benchmark Rate

news.movim.eu / TheWallStreetJournal • 18 April, 2023

The Indonesian central bank held its seven-day reverse repo rate steady, as inflation looks set to stay on target and the rupiah is trading relatively strong versus other Asian currencies.

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Air France-KLM Secures ESG-Linked Funding

news.movim.eu / TheWallStreetJournal • 18 April, 2023

Air France-KLM has signed two revolving credit facilities linked to ESG key performance indicators for a total of €2.2 billion, as the airlines seek to gradually decarbonize their activities.

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Entain Confident on Year Ahead

news.movim.eu / TheWallStreetJournal • 18 April, 2023

Entain reported a 16% rise in net gaming revenue for the first quarter, in line with views, and saw a record levels of active customers, adding it sees continuing momentum across its operation.

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GSK to Buy Canadian Biotech

news.movim.eu / TheWallStreetJournal • 18 April, 2023

GSK has reached an agreement to acquire the Canadian late-stage biopharma BELLUS Health for around $2 billion.

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Next Support Level for 10-Year Bund Yields Seen Slightly Higher

news.movim.eu / TheWallStreetJournal • 18 April, 2023

Citi said 2.39% is expected to be the resistance level for 10-year German Bund yields, with the next support at 2.59% and then at 2.80%, with further bearish impetus seen coming from heavy supply.

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easyJet Sees Full-Year Profit Beating Views

news.movim.eu / TheWallStreetJournal • 18 April, 2023

easyJet said it expects its profit for the year to be £260 million based on current high levels of demand and strong bookings, and sees capacity hitting prepandemic levels this summer.

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UK Jobless Rate Edges Up, as Pay Growth Stalls

news.movim.eu / TheWallStreetJournal • 18 April, 2023

The U.K. unemployment rate stood at 3.8% in the December-February period, while average weekly earnings excluding bonuses increased 6.6%, matching the upwardly revised rise in the preceding quarter and suggesting inflation pressures on wages remained strong.

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Tesla Faces a Tougher Road Ahead in China

news.movim.eu / TheWallStreetJournal • 18 April, 2023

The company hasn’t said why it won’t join the more than 100 exhibitors packing China’s most prestigious industry event.

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