U.S. actor Tom Cruise attends the premiere of ‘Top Gun: Maverick’ in London, Britain May 19, 2022. REUTERS/Henry Nicholls Register now for FREE unlimited access to Reuters.com Register Direct-to-consumer losses climb to $445 mln Q2 operating income down 33% to $819 mln Removes 3.9 mln streaming subscribers related to Russia exit Shares down 2.5%, adding…
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After a record first half, Lamborghini prepares for a cold winter
Detail view shows the Lamborghini Aventador Roadster front during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 13, 2017. REUTERS/Kai Pfaffenbach/File Photo Register now for FREE unlimited access to Reuters.com Register DETROIT, Aug 2 (Reuters) – Wealthy sports car enthusiasts powered Italian supercar brand Lamborghini to record first-half deliveries and profitability, but Chief Executive…
Betting on a recession, U.S. distressed debt funds seek fresh capital
NEW YORK, July 27 (Reuters) – Several U.S. distressed debt asset managers are in fundraising talks with investors to boost their firepower, anticipating that a recession will create more opportunities to snap up and profit off troubled companies’ debt, according to multiple sources. Investment firms including Oaktree Capital Management, GoldenTree Asset Management, Monarch Alternative Capital…
Oil rises for a second day on supply tightness concerns
Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Russia’s Gazprom tightens squeeze on gas flow to Europe Fed expected to hike rates 75 bps on Wednesday Brent premium to U.S. crude hits widest in…