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…
Category: Business
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.…
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…
Google says feedback shows old search result format is bad for hotels
By Foo Yun Chee BRUSSELS (Reuters) – A return to the format of 10 blue links in search results from…
Baidu, Geely’s EV venture faces uproar after it says needs fresh funds
BEIJING (Reuters) – The CEO of China’s Ji Yue Auto was surrounded by people demanding to know how they would…
BuzzFeed sells ‘Hot Ones’ creator for $82.5 million to group led by Soros-affiliate
(Reuters) – BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube’s popular talk show ‘Hot Ones’,…
Stifel expects S&P 500 to peak in early 2025 before falling
(Reuters) – Stifel expects the S&P 500 index to peak in the first half of 2025, then fall 10% to…
MicroStrategy’s bitcoin-powered surge takes it closer to Nasdaq 100 doorstep
By Medha Singh (Reuters) – A meteoric rise in MicroStrategy’s shares has made the bitcoin hoarder a likely candidate for…
Amazon, Pfizer execs seek common ground with RFK Jr on climate risks to health
By Michele Gershberg and Michael Erman NEW YORK (Reuters) -Executives from Pfizer Inc and Amazon.com see opportunities for working with…