by Reuters | Jun 24, 2023 | Asia, Business, Economy, Europe, Middle East
(Reuters) – Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new petrochemicals complex in Saudi Arabia, the two companies said in a joint statement on Saturday. “Aramco and TotalEnergies today...
by Reuters | Jun 23, 2023 | Business, Economy, Technology, US
(Reuters) -IBM is nearing a deal to acquire software company Apptio for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. A deal between the companies could be completed over the weekend, the Journal reported, adding...
by Reuters | Jun 23, 2023 | Business, Economy, Technology, US
(Reuters) – Meta and the European Union (EU) have agreed on a stress test in July on the EU’s online content rules, following EU industry chief Thierry Breton’s demand that the social media platform act immediately over Meta’s content targeting...
by Reuters | Jun 23, 2023 | Business, Economy, Top News, US
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Friday, capping a week dominated by Federal Reserve Chairman Jerome Powell’s testimony in which he signaled more interest rate hikes ahead but vowed the central bank would proceed with...
by Reuters | Jun 23, 2023 | Business, Economy, Technology, US
(Reuters) – Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the company’s valuation to about $150 billion, Bloomberg News reported on Friday, citing people familiar with the matter. In January, the company was valued at $137...
by Reuters | Jun 23, 2023 | Business, Economy, US
By Caroline Valetkevitch NEW YORK (Reuters) – Forecasts for second-quarter U.S. earnings still look gloomy after a much-better-than-feared first quarter season as the likelihood of further interest rate hikes this year creates more potential risks for companies....