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Category: Business

23andMe’s founder Anne Wojcicki wins bid for bankrupt DNA testing firm
Business

23andMe’s founder Anne Wojcicki wins bid for bankrupt DNA testing firm

By Siddhi Mahatole and Mariam Sunny (Reuters) -Anne Wojcicki is set to regain control of 23andMe after a $305 million…

June 14, 2025
China solar industry to address overcapacity challenge but turnaround far off, experts say
Business

China solar industry to address overcapacity challenge but turnaround far off, experts say

By Colleen Howe SHANGHAI (Reuters) -Solar manufacturing company heads in China, grappling with losses and tariffs on exports to the…

June 13, 2025
Top Wall Street bank pitches options play to ride potential Indian rupee rally to 83
Business

Top Wall Street bank pitches options play to ride potential Indian rupee rally to 83

By Nimesh Vora MUMBAI (Reuters) -Goldman Sachs’ sales and trading desk is recommending an options play on the Indian rupee…

June 12, 2025
Chime prices IPO at $27 per share to raise $864 million
Business

Chime prices IPO at $27 per share to raise $864 million

By Echo Wang (Reuters) -Financial technology company Chime said on Wednesday it raised $864 million in its initial public offering…

June 12, 2025
BlackRock aims to grow revenue to $35 billion and more by 2030
Business

BlackRock aims to grow revenue to $35 billion and more by 2030

By Davide Barbuscia NEW YORK (Reuters) -BlackRock said on Thursday it was aiming to grow its revenue to $35 billion…

June 12, 2025
Oracle shares soar as AI cloud demand propels revenue forecast
Business

Oracle shares soar as AI cloud demand propels revenue forecast

(Reuters) -Oracle shares surged nearly 8% in premarket trading on Thursday after the company raised its annual revenue forecast, driven…

June 12, 2025
JP Morgan maintains 2025 forecast for oil prices in low-to-mid $60s
Business

JP Morgan maintains 2025 forecast for oil prices in low-to-mid $60s

(Reuters) – JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay…

June 12, 2025
JPMorgan lifts yuan forecast on easing tariff risks, de-dollarisation trend
Business

JPMorgan lifts yuan forecast on easing tariff risks, de-dollarisation trend

LONDON (Reuters) -JPMorgan lifted its end-of-year forecast for China’s onshore yuan spot price on Wednesday, citing moderating risks around the…

June 11, 2025
Polestar restarts market expansion with France
Business

Polestar restarts market expansion with France

By Gilles Guillaume PARIS (Reuters) -Swedish premium carmaker Polestar will start delivering its electric vehicles in France this year with…

June 11, 2025
Meta and TikTok challenge tech fees in second highest EU court
Business

Meta and TikTok challenge tech fees in second highest EU court

By Foo Yun Chee LUXEMBOURG (Reuters) -Meta Platforms and TikTok said a European Union supervisory fee levied on them was…

June 11, 2025

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