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07 Feb

Explainer-Should Europe use more long term LNG contracts?

The threat of disruptions to Europe's gas supply from Russia, in the event the West imposes sanctions if Russia invades Ukraine, has prompted a debate about the need for long-term liquefied natural gas (LNG) contracts.

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07 Feb

Tesla receives subpoena from SEC over 2018 settlement

Tesla Inc said on Monday it received a subpoena from the U.S. securities regulator in November related to the SEC settlement that required top boss Elon Musk's tweets on material information to be vetted.

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07 Feb

Dating app owner Bumble buys France's Fruitz in first acquisition

Bumble Inc said on Monday it has bought France's Fruitz in its first acquisition, as the dating app company tries to strengthen its foothold in Europe, where it plays catch-up with Tinder owner Match Group.

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07 Feb

Peloton surges on reports of buyout interest from Amazon, Nike

Peloton Interactive Inc's shares jumped 22% premarket on Monday after reports of takeover interest from Amazon.com Inc and Nike Inc in the exercise bike maker that recently lost a majority of its share gains made during the pandemic.

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07 Feb

Euro drops after U.S. jobs data fuels dollar rebound

LONDON (Reuters) -The euro dipped on Monday after a surge last week that followed a hawkish shift by the European Central Bank, as traders turned to the dollar betting the jump in U.S. jobs created in January could lead to faster Federal Reserve rate hikes.

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07 Feb

Frontier to buy Spirit Airlines in $2.9 billion low-cost carriers deal

(Reuters) -Frontier Group Holdings will buy rival Spirit Airlines Inc in a $2.9 billion deal, as the U.S. low-cost look to compete better with larger rivals, tap a rebound in air travel, and expand their flying routes.

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07 Feb

Spirit Airlines, Frontier to merge in $2.9 billion deal

U.S. low-cost carriers Spirit Airlines and Frontier Group Holdings announced a merger agreement on Monday in a deal that values Spirit at a fully diluted equity value of $2.9 billion.

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