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Category: Business

Business

Exclusive-China’s state importer books US soy purchases as tariff threat looms

By Karl Plume CHICAGO (Reuters) – China’s Sinograin has bought nearly 500,000 metric tons of U.S. soybeans this week for…

December 20, 2024January 27, 2025
AI startup Basis raises $34 million for accounting automation ‘agent’
Business

AI startup Basis raises $34 million for accounting automation ‘agent’

By Anna Tong (Reuters) – Artificial intelligence startup Basis has raised $34 million in a Series A funding round for…

December 17, 2024January 27, 2025
Mastercard to buy back up to $12 billion shares
Business

Mastercard to buy back up to $12 billion shares

(Reuters) – Mastercard said on Tuesday that its board has approved a new share repurchase program, authorizing the company to…

December 17, 2024January 27, 2025
Business

US bank regulator considering legal action against former SVB executives

By Pete Schroeder WASHINGTON (Reuters) – The chairman of a leading U.S. banking regulator said Tuesday his agency is considering…

December 17, 2024January 27, 2025
US finalizes $9.63 billion loan for Ford, SK On joint battery venture
Business

US finalizes $9.63 billion loan for Ford, SK On joint battery venture

By David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department on Monday said it has finalized a $9.63 billion loan to…

December 16, 2024January 27, 2025
T-Mobile announces $14 billion share buyback program
Business

T-Mobile announces $14 billion share buyback program

(Reuters) -U.S. wireless carrier T-Mobile said on Friday it would buy back as much as $14 billion worth of shares…

December 13, 2024January 27, 2025
Exclusive-Databricks nears record $9.5 billion VC raise, eyes extra $4.5 billion debt
Business

Exclusive-Databricks nears record $9.5 billion VC raise, eyes extra $4.5 billion debt

By Krystal Hu, Kenrick Cai and Echo Wang (Reuters) – Software firm Databricks is nearing a deal that could become…

December 13, 2024January 27, 2025
BuzzFeed sells ‘Hot Ones’ creator for $82.5 million to group led by Soros-affiliate
Business

BuzzFeed sells ‘Hot Ones’ creator for $82.5 million to group led by Soros-affiliate

(Reuters) – BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube’s popular talk show ‘Hot Ones’,…

December 12, 2024January 27, 2025
BlackRock recommends bitcoin portfolio weighting of up to 2% for interested investors
Business

BlackRock recommends bitcoin portfolio weighting of up to 2% for interested investors

By Suzanne McGee (Reuters) -BlackRock recommends that interested investors consider allocating as much as 2% of their portfolio to bitcoin,…

December 12, 2024January 27, 2025
Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair
Business

Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair

By Harshita Mary Varghese (Reuters) – Alphabet led a Big Tech rally on Wednesday, with its stock hitting a record…

December 11, 2024January 27, 2025

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