Tag: stalls

Boots chief quits after Walgreens’ sale plan stalls

(Reuters) -The boss of British health and beauty retailer Boots is quitting after U.S. owner Walgreens Boots Alliance’s plans for a sale or stock market listing of the chain stalled, according to a person with knowledge of the situation. Sebastian James, who has run Boots since 2018, will remain in the post until November before […]

Record-setting rally stalls as Nvidia slides and economic data softens

Stocks were mixed on Thursday as a multi-day rally to record highs stalled. Momo Takahashi/BI US stocks closed mostly lower Thursday, ending a long streak of gains for the S&P 500 and the Nasdaq. Nvidia dropped after soaring to records earlier in the day. Traders were also assessing weak housing-market data and elevated weekly jobless […]

Argentina’s Milei Fires Cabinet Chief As Bill Stalls in Congress

(Bloomberg) — Argentine President Javier Milei fired his cabinet chief Nicolas Posse Monday as the government’s major reform bill has stalled in congress, marking the most high-level departure since Milei took office Dec. 10. Most Read from Bloomberg Milei accepted Posse’s resignation and replaced him with Interior Minister Guillermo Francos, according to a statement on […]

Spain Likely to Get Partial EU Recovery Payment as Reform Stalls

(Bloomberg) — Spain faces a setback in its efforts to unlock European Union post-pandemic recovery funds as the government is increasingly unlikely to complete an overhaul of unemployment benefits that is needed to trigger full disbursement. Most Read from Bloomberg The EU executive’s arm and the Spanish government have come to the conclusion that a […]