Category: PMN Economy

May 30

Singaporean fund GIC takes minority stake in German gas specialist Messer

Article content FRANKFURT — German industrial gases company Messer said on Tuesday that Singaporean sovereign wealth fund GIC has invested a minority stake in the business as part of a strategic partnership. The proceeds from the investment will help Messer take full control of its Messer Industries joint venture, financing the acquisition of shares from […]
May 29

Funds avoid transition to bear territory in CBOT soybeans -Braun

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Karen Braun Published May 29, 2023  •  2 minute read Join the conversation Article content NAPERVILLE — Speculators nearly abandoned bullish bets in Chicago soybeans last week as global supplies are seen sufficiently building over the next year, but a short-covering bounce mid-week […]
May 11

Activist investor Elliott pushes for changes at Goodyear, shares jump

Article content Activist investor Elliott Investment Management L.P. disclosed a large investment in Goodyear Rubber & Tire Co on Thursday and said it is pushing the company to strengthen its financial position by selling stores and starting an operational review. Elliott holds a 10% economic interest in the company, making it one of Goodyear’s biggest […]