Analysis-As gold eyes glittering milestone, bear case also rises
By Polina Devitt LONDON (Reuters) – Gold prices have marched into uncharted territory as bulls latch on to economic uncertainty…
Category: Business
Juniper Networks denies allegations in US DOJ lawsuit to block $14 billion merger with HPE
(Reuters) – Juniper Networks denied the allegations by the U.S. Department of Justice, after the agency sued to block Hewlett…
Second top agency warns of Trump threat to World Bank’s triple-A rating
LONDON (Reuters) – Fitch has become the second top rating agency to warn that the prized triple-A credit scores of…
Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
By Vallari Srivastava (Reuters) -Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion…
Emerson says $265 per-share bid for Aspen is ‘best and final’
(Reuters) – Emerson Electric said on Monday that its $265 per-share offer to acquire Aspen Technology was its “best and…
Sharpie maker Newell Brands working to reduce China dependency amid tariff pressure
(Reuters) – Newell Brands’ CEO said on Friday it is aiming to reduce its reliance on Chinese suppliers to minimize…
Pinterest shares jump as AI advertisement tools drive forecasts
By Jaspreet Singh (Reuters) – Pinterest’s shares rose 20% on Friday as it forecast first-quarter revenue above estimates, indicating that…
ISS urges Apple investors to vote against scrapping diversity policies
(Reuters) -Influential proxy advisory firm Institutional Shareholder Services recommended on Friday that Apple investors vote against a proposal to consider…
Tesla sees German car sales plunge in January
FRANKFURT (Reuters) – Tesla sold almost 60% fewer cars in Germany in January than in the year-earlier period, as the…
Tiktok’s Chinese owner appears to be slow-rolling negotiations for sale, Washington Post reports
(Reuters) – Short video app TikTok’s owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for approval…