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Categories Investing

Shareholders of Australian apparel retailers Myer, Premier approve merger

January 23, 2025

(Reuters) – Shareholders of Australian apparel retail firms Myer and Premier Investments approved on Thursday the merger of the latter’s apparel brands

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Categories Investing

Taiwan’s HTC to sell part of XR unit to Google for $250 million

January 23, 2025

TAIPEI (Reuters) -Taiwan’s HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to

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Categories Investing

Morgan Stanley’s Michael Grimes in talks for role in Trump administration, WSJ reports

January 23, 2025

(Reuters) – Michael Grimes, a technology banker with Morgan Stanley (NYSE:MS), is in talks to leave the bank for a

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Categories Investing

Microsoft’s LinkedIn sued for disclosing customer information to train AI models

January 23, 2025

By Jonathan Stempel (Reuters) -Microsoft’s LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages

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Categories Investing

Mantle Ridge secures enough votes for board seats at Air Products, sources say

January 23, 2025

By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investor Mantle Ridge has secured enough support from Air Products and Chemicals (NYSE:APD) investors to

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Categories Investing

Australia’s Insignia hits over 3-yr high as Bain matches CC Capital’s $1.9 bln bid

January 23, 2025

SYDNEY (Reuters) – Shares of Australia’s Insignia Financial Ltd (ASX:IFL) rose to over a three-year high on Thursday after U.S. private equity

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Categories Investing

US Meta users report automatic re-follows of president, VP accounts

January 23, 2025

By Doyinsola Oladipo NEW YORK (Reuters) – Some Meta social media users said on Wednesday that their accounts re-followed the profiles of President

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Categories Investing

China’s market value reforms set to boost investment confidence, says UBS

January 23, 2025

Investing.com– China’s new market value management reforms could significantly enhance investor confidence and foster long-term investments, UBS analysts said in a note. The

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Categories Investing

OpenAI, SoftBank each commit $19 billion to Stargate data center venture, the Information reports

January 23, 2025

(Reuters) – OpenAI and Japanese conglomerate SoftBank (TYO:9984) will each commit $19 billion to fund a joint venture to develop data centers

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Categories Investing

Bain matches CC Capital’s offer for Australia’s Insignia Financial at $1.92 billion

January 23, 2025

By Roushni Nair (Reuters) -Insignia Financial’s shares hit a three-year high on Thursday, driven by a revised takeover offer of A$3.07 billion ($1.92

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Categories Investing

Kennedy would keep legal fees from Merck cases if confirmed

January 23, 2025

By Dan Levine and Mike Spector (Reuters) – Robert F. Kennedy Jr. would retain legal fees earned from litigation against drugmaker Merck

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Categories Investing

Nvidia supplier SK Hynix clocks bumper Q4 profit on AI-fueled chip demand

January 23, 2025

Investing.com– Nvidia supplier SK Hynix Inc (KS:000660) posted a sharp increase in its fourth-quarter profit on Thursday, as the memory

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Categories Investing

Senators question if Frontier, Spirit Airlines are manipulating seat pricing

January 23, 2025

By David Shepardson WASHINGTON (Reuters) – Three U.S. senators said they want Frontier Airlines and Spirit Airlines (OTC:SAVEQ) to disclose whether

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Categories Investing

White House says order pausing IRA disbursements only applies to some programs

January 23, 2025

(Reuters) -The White House said President Donald Trump’s order this week pausing the disbursement of funds appropriated under his predecessor’s signature climate

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Categories Investing

Nvidia supplier SK Hynix posts record quarterly profit on AI chip demand

January 23, 2025

By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia (NASDAQ:NVDA)

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Categories Investing

Volkswagen says 6% margin target for brand realistic in medium term, analyst says

January 23, 2025

(Reuters) – Volkswagen (ETR:VOWG_p) told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was

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