PRESS DIGEST - Wall Street Journal - Jan 22

Reuters
01/22

Jan 22 (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.

-President Donald Trump is using the threat of imposing stiff tariffs on goods from Canada and Mexico as soon as next week to pressure the two nations to start renegotiating a continental trade deal.

-Tech giants including SoftBank Group and Microsoft

backed OpenAI are pledging to invest as much as $500 billion into building artificial intelligence $(AI)$ infrastructure in the U.S.

- Masimo appointed Katie Szyman as its next chief executive officer after a proxy fight forced out the company's founder.

-Italy's Generali and the owner of France's Natixis are set to combine their asset management operations to create a European giant overlooking 1.9 trillion euros ($1.98 trillion) in assets.

- Malaysian conglomerate Sunway plans to start the initial public offering process for its hospital assets early next month, which would value the healthcare business at over $4 billion.

($1 = 0.9605 euros)

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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