by iwd | Dec 13, 2024 | Business
By Kane WuHONG KONG (Reuters) – Global private equity firms Blackstone and Bain Capital are among final bidders for Mitsubishi Tanabe Pharma, a unit of Japan’s Mitsubishi Chemical Group, in a deal that could value it at between $3 billion and $3.5 billion,...
by iwd | Dec 13, 2024 | Business
(Reuters) -U.S. wireless carrier T-Mobile said on Friday it would buy back as much as $14 billion worth of shares by 2025 end as part of its previously stated plan to return up to $50 billion over the next three years to shareholders. Telecom companies such as...
by iwd | Dec 13, 2024 | Business
By Selena LiHONG KONG (Reuters) – Goldman Sachs received regulatory approval to sell funds in China, the latest U.S. investment bank to get a financial licence in a sign of Beijing’s commitment to continue opening up the sector to foreign companies.The...
by iwd | Dec 13, 2024 | General
By Mrinmay Dey(Reuters) – The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk’s brain-chip startup Neuralink, according to a letter shared by Musk on Thursday on social media platform X. The Dec. 12...
by iwd | Dec 13, 2024 | General
By Andreas Rinke and Rachel MoreBERLIN (Reuters) – Drones were spotted flying over the U.S. air base at Ramstein in Germany in early December, a spokesperson for the U.S. Air Force said on Friday.There were “no impacts to base residents, facilities, or...
by iwd | Dec 13, 2024 | General
By Arsheeya Bajwa and Siddarth S(Reuters) – Broadcom is predicting a massive expansion in demand for chips that power AI – and the market, for now, is buying it all the way.The company’s valuation hit $1 trillion on Friday as its shares surged 21%...
by iwd | Dec 13, 2024 | Business
(Reuters) – Tobacco giant Philip Morris International’s subsidiary Swedish Match North America(SMNA) will pay $1.2 million to settle an investigation into violations of Washington D.C.’s flavored tobacco ban.The District of Columbia attorney...
by iwd | Dec 13, 2024 | General
By Divya RajagopalTORONTO (Reuters) – Ottawa and the provinces will respond robustly if the incoming U.S. administration goes ahead with a promise to impose tariffs on imports from Canada, Finance Minister Chrystia Freeland said on Friday.Prime Minister Justin...
by iwd | Dec 12, 2024 | Business
By Foo Yun CheeBRUSSELS (Reuters) – A return to the format of 10 blue links in search results from years ago could reduce user traffic to hotels, Google said on Thursday, as it seeks to balance demands from price comparison websites and hotels in trying to...
by iwd | Dec 12, 2024 | Business
BEIJING (Reuters) – The CEO of China’s Ji Yue Auto was surrounded by people demanding to know how they would be paid, videos posted online on Thursday showed, a day after the EV maker said it would streamline operations to cope with fierce market...
