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Toyota supplier hit with criticism at shareholder meeting over $33 billion deal

Toyota supplier hit with criticism at shareholder meeting over $33 billion deal

Jun 10, 2025 | Business

By Maki ShirakiTOKYO (Reuters) -Some investors in Toyota Industries voiced disapproval of a $33 billion buyout offer on Tuesday, adding to criticism that the bid from Japanese parent Toyota Motor was unfair to minority shareholders.The 4.7 trillion yen ($33 billion)...
Google in Mexico faces major potential fine as antitrust ruling nears

Google in Mexico faces major potential fine as antitrust ruling nears

Jun 10, 2025 | Business

By Cassandra GarrisonMEXICO CITY (Reuters) -Mexico’s antitrust watchdog is set to rule by next week on whether Google built an illegal monopoly in digital advertising in the country, a decision that could fine the tech giant 8% of its annual Mexican revenue,...
Blackstone to invest $500 billion in Europe over next decade, Bloomberg reports

Blackstone to invest $500 billion in Europe over next decade, Bloomberg reports

Jun 10, 2025 | Business

(Reuters) -Blackstone plans to invest up to $500 billion in Europe over the next decade, CEO Steve Schwarzman told Bloomberg Television in an interview on Tuesday, underscoring market confidence in the region’s prospects. Schwarzman said Europe represents a...
Exclusive-OpenAI taps Google in unprecedented cloud deal despite AI rivalry, sources say

Exclusive-OpenAI taps Google in unprecedented cloud deal despite AI rivalry, sources say

Jun 10, 2025 | Business

By Kenrick Cai and Krystal HuSAN FRANCISCO (Reuters) -OpenAI plans to add Alphabet’s Google cloud service to meet its growing needs for computing capacity, three sources told Reuters, marking a surprising collaboration between two prominent competitors in the...
Citi expects banking fees, trading revenue to climb despite US tariff “anxiety”

Citi expects banking fees, trading revenue to climb despite US tariff “anxiety”

Jun 10, 2025 | Business

By Tatiana Bautzer and Arasu Kannagi BasilNEW YORK (Reuters) -Citigroup’s head of banking Vis Raghavan said on Tuesday that performance in its banking and trading divisions will improve this quarter despite “anxiety” over U.S. tariffs.Banking fees...
Boeing plane lands back in China for delivery as tariff war eases

Boeing plane lands back in China for delivery as tariff war eases

Jun 9, 2025 | Business

SEOUL (Reuters) -A new Boeing 737 MAX landed back in China on Monday, flight tracking data showed, a sign the U.S. planemaker was resuming deliveries to Chinese customers as Beijing and Washington ease their tariff war. Boeing, which halted deliveries of new planes to...
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