U.S. Steel shares jump after Esmark makes $7.8-billion offer
By Priyamvada C (Reuters) -U.S. Steel shares extended their rally on Monday after privately held firm Esmark made a $7.80…
Category: General
US FDA approves Pfizer’s blood cancer therapy
By Bhanvi Satija and Pratik Jain (Reuters) -The U.S. Food and Drug Administration on Monday granted accelerated approval to Pfizer’s…
Investors pummeled by tech in 2022 make new bets on sector in second quarter
By Svea Herbst-Bayliss NEW YORK (Reuters) – Several investment managers whose performance was pummeled when technology stocks skidded lower last…
Boeing front-runner in wide-body jet talks with IndiGo -sources
By Aditi Shah NEW DELHI (Reuters) -Boeing has emerged as the front-runner to secure an order for around 25 wide-body…
Apple supplier Foxconn cautious despite beating earnings forecasts
By Sarah Wu and Faith Hung TAIPEI (Reuters) -Apple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to…
New Covid vaccines are on the way as ‘Eris’ variant rises
By Michael Erman NEW YORK (Reuters) – A new COVID vaccine is due out next month, but health experts and…
U.S. Steel explores options after rejecting $7.3 billion offer from Cleveland-Cliffs
By Jyoti Narayan and Akanksha Khushi (Reuters) -United States Steel Corp on Sunday launched a formal review of its strategic…
Exclusive-SoftBank in talks to buy Vision Fund’s 25% stake in Arm -sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) -SoftBank Group Corp is in talks to acquire the 25% stake…
China State Council issues guidelines in bid to increase foreign investment
By Andrew Hayley and Ethan Wang BEIJING (Reuters) -China’s State Council issued guidelines on Sunday that it said would further…
Big tech losses sink Nasdaq, S&P as US Treasury yields rise
By David French (Reuters) – The S&P 500 and the Nasdaq Composite fell on Friday and posted their second straight…