Blackstone, Bain to bid for Mitsubishi pharma unit in up to $3.5 billion deal, sources say
By Kane Wu HONG KONG (Reuters) – Global private equity firms Blackstone and Bain Capital are among final bidders for…
Day: December 13, 2024
T-Mobile announces $14 billion share buyback program
(Reuters) -U.S. wireless carrier T-Mobile said on Friday it would buy back as much as $14 billion worth of shares…
Goldman Sachs granted licence for China fund sales
By Selena Li HONG KONG (Reuters) – Goldman Sachs received regulatory approval to sell funds in China, the latest U.S.…
SEC ‘reopens’ probe into Neuralink, Musk’s lawyer says
By Mrinmay Dey (Reuters) – The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon…
U.S. military confirms drone sightings at air base in Germany
By Andreas Rinke and Rachel More BERLIN (Reuters) – Drones were spotted flying over the U.S. air base at Ramstein…
Broadcom hits trillion-dollar valuation on lofty forecasts for AI demand
By Arsheeya Bajwa and Siddarth S (Reuters) – Broadcom is predicting a massive expansion in demand for chips that power…
Philip Morris to pay $1.2 million to settle probe into flavored tobacco ban violation
(Reuters) – Tobacco giant Philip Morris International’s subsidiary Swedish Match North America(SMNA) will pay $1.2 million to settle an investigation…
Canada says it will respond robustly if US imposes tariffs
By Divya Rajagopal TORONTO (Reuters) – Ottawa and the provinces will respond robustly if the incoming U.S. administration goes ahead…