Iconic Tupperware flags doubts about ability to continue
-Tupperware Brands on Friday warned it was not certain its business could continue as a going concern and faced a…
Year: 2024
With China EV launch, Xiaomi’s ‘Thor’ takes on Elon Musk
By Sarah Wu BEIJING (Reuters) -He was called China’s answer to Steve Jobs for taking Xiaomi from scrappy startup to…
US monthly inflation slows; consumer spending surges
By Lucia Mutikani WASHINGTON (Reuters) -U.S. prices increased less than expected in February, with the cost of services outside housing…
Musk’s Grok-1.5 AI chatbot to be available next week
(Reuters) -Elon Musk’s artificial intelligence startup xAI’s latest Grok-1.5 chatbot will be available on his social media platform X next…
Blackwells, in proxy fight with Disney, sues Disney over disclosure in hedge fund relationship
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) -Blackwells Capital upped the pressure on Walt Disney in a long-running…
Citi says 42% of energy clients lack climate transition plans
By Isla Binnie NEW YORK (Reuters) – Almost half of the energy companies Citi lends to are lacking plans to…
Tesla deliveries face hit from China slowdown, soft demand
By Akash Sriram and Hyunjoo Jin (Reuters) -Tesla is expected to report sluggish first-quarter deliveries next week as the boost…
US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
(Reuters) – U.S. consumer sentiment rose unexpectedly in March to the highest in nearly three years thanks in part to…
UBS sells $8 billion of Credit Suisse assets to Apollo
ZURICH (Reuters) – UBS has sealed the sale of Credit Suisse’s securitised products business to Apollo Global Management as part…
Moderna secures $750 million from Blackstone Life Sciences to develop flu shots
By Leroy Leo and Sneha S K (Reuters) -Moderna on Wednesday said Blackstone’s life sciences arm would offer $750 million…