By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq surged on Thursday to close at…
Category: Business
EV maker Rivian sees stable demand through the year – CFO
(Reuters) -Electric vehicle maker Rivian Automotive expects demand for its pickups and sport-utility vehicles to remain stable through the year,…
Oil futures up 3% on strong China refinery data, weaker US dollar
By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% to a one-week high on Thursday on a weaker…
Factbox-Who are Crispin Odey and hedge fund Odey Asset Management?
(Reuters) – Odey Asset Management (OAM) is fighting for survival after a media report alleging sexual misconduct by its founder…
Microsoft, Activision ask judge for speedy schedule in FTC challenge
By David Shepardson WASHINGTON (Reuters) -Time is running out on a deadline for Microsoft to complete its $69 billion acquisition…
Google faces EU break-up order over anti-competitive adtech practices
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google may have to sell part of its lucrative adtech business to…
Exclusive-Amazon’s cloud unit is considering AMD’s new AI chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Amazon Web Services, the world’s largest cloud computing provider, is considering using new artificial…
Novartis buys Chinook for $3.5 billion in race to treat rare kidney disease
By Ludwig Burger (Reuters) -Novartis said it has agreed to acquire U.S. biotech firm Chinook Therapeutics for up to $3.5…
Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its…
Billionaire George Soros hands control of empire to son Alex
(Reuters) -Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said…