PRESS DIGEST- Wall Street Journal - March 13
March 13 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- Books have closed for British American Tobacco's share sale in Indian conglomerate ITC that is likely to fetch the UK based company over $2.0 billion.
- Global grains merchant Archer-Daniels-Midland announced a plan to fix accounting issues that caused it to correct certain transactions in six years of financial results on Tuesday, though the plan will take time to implement.
- U.S. air carriers warned on Tuesday that their plans to increase capacity were in doubt due to more jet delivery delays from Boeing, as the hit to the airline industry from the planemaker's safety crisis worsens.
- Activist investor Jonathan Litt's Land & Buildings Investment Management urges Equity Commonwealth to liquidate as the company has materially underperformed other real estate investment trusts in recent years.
- The United States will send a new military aid package for Ukraine worth $300 million, President Joe Biden's administration said on Tuesday, the first such move in months as additional funds for Kyiv remain blocked by Republican leaders in Congress.
(Compiled by Bengaluru newsroom)
