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Category: Business

Accelerant valued at $6.4 billion in debut as insurance IPOs heat up
Business

Accelerant valued at $6.4 billion in debut as insurance IPOs heat up

By Arasu Kannagi Basil (Reuters) -Billionaire sports financier Todd Boehly-backed Accelerant was valued at $6.4 billion as its shares jumped…

July 24, 2025
CME beats profit estimates as volatility drives record trading quarter
Business

CME beats profit estimates as volatility drives record trading quarter

By Ateev Bhandari and Atharva Singh (Reuters) -Derivatives exchange CME Group beat Wall Street estimates for second-quarter profit on Wednesday,…

July 23, 2025
Boeing kicks off production of 777-8 freighter, the Seattle Times reports
Business

Boeing kicks off production of 777-8 freighter, the Seattle Times reports

(Reuters) -Boeing has kicked off production of its newest freight carrier, the 777-8, the Seattle Times reported on Tuesday. The…

July 22, 2025
Biogen beefs up North Carolina manufacturing ahead of potential drug tariff storm
Business

Biogen beefs up North Carolina manufacturing ahead of potential drug tariff storm

(Reuters) -Biogen will invest $2 billion more in its existing manufacturing plants in North Carolina, the drugmaker said on Monday,…

July 21, 2025
Citi hires Vargas from JPMorgan to lead equity capital markets in North America
Business

Citi hires Vargas from JPMorgan to lead equity capital markets in North America

By Tatiana Bautzer NEW YORK (Reuters) -Citigroup hired Bernal Vargas from JPMorgan Chase to lead its equity capital markets division…

July 21, 2025
Exclusive-China EV brands Zeekr, Neta inflated car sales using insurance scheme
Business

Exclusive-China EV brands Zeekr, Neta inflated car sales using insurance scheme

(Reuters) – Chinese electric vehicle brands Neta and Zeekr inflated sales in recent years to hit aggressive targets, with Neta…

July 20, 2025
Microsoft likely to sign EU AI code of practice, Meta rebuffs guidelines
Business

Microsoft likely to sign EU AI code of practice, Meta rebuffs guidelines

By Foo Yun Chee BRUSSELS (Reuters) -Microsoft will likely sign the European Union’s code of practice to help companies comply…

July 18, 2025July 18, 2025
OpenAI unveils ChatGPT agent to handle tasks as AI apps evolve
Business

OpenAI unveils ChatGPT agent to handle tasks as AI apps evolve

(Reuters) -OpenAI launched an artificial intelligence agent for its popular chatbot ChatGPT on Thursday that can complete complex tasks as…

July 17, 2025
JPMorgan CEO Dimon says Fed independence ‘absolutely critical’
Business

JPMorgan CEO Dimon says Fed independence ‘absolutely critical’

(Reuters) -JPMorgan Chase CEO Jamie Dimon said on Tuesday the independence of the Federal Reserve is “absolutely critical”. “The President…

July 15, 2025
Tesla’s top North American sales executive leaves, WSJ reports
Business

Tesla’s top North American sales executive leaves, WSJ reports

(Reuters) -Tesla’s top sales executive in North America, Troy Jones, has left the electric vehicle maker in the latest senior…

July 15, 2025

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