Goldman Sachs has derivatives positions worth 6.7% stake in UniCredit, filing shows
MILAN (Reuters) – Goldman Sachs has derivative positions in UniCredit equivalent to a 6.7% stake in the Italian bank as…
Category: Business
Sabadell CEO says 2024 full-year profit could top 1.6 billion euros
MADRID (Reuters) – The CEO of Spain’s Sabadell, Cesar Gonzalez-Bueno, on Thursday said the bank could earn more than 1.6…
Tesla plans $800 million debt sale backed by prime leases, Bloomberg News reports
(Reuters) -Tesla is preparing to sell $783 million in debt, backed by automotive leases from its prime borrowers amid a…
OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia
By Krystal Hu (Reuters) -OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company…
Lilly to invest $4.5 billion on new facility to scale-up pipeline drug production
(Reuters) -U.S. drugmaker Eli Lilly said on Wednesday it will invest $4.5 billion to create a new center in Indiana…
Tesla misses estimates for third-quarter deliveries on stiff competition
By Akash Sriram (Reuters) -Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff competition in…
S&P downgrades Israel’s long-term ratings to ‘A’ amid Hezbollah conflict
(Reuters) -S&P Global downgraded Israel’s long-term ratings to ‘A’ from ‘A+’ on Tuesday, citing risks to the country’s economy and…
DirecTV clinches long-elusive deal to combine with Dish
By Milana Vinn and Dawn Chmielewski NEW YORK (Reuters) – DirecTV on Monday agreed to buy EchoStar’s satellite television business…
EBay wins dismissal of US lawsuit over sale of harmful products
By Jonathan Stempel NEW YORK (Reuters) -A federal judge dismissed a U.S. Department of Justice lawsuit accusing eBay of violating…
US SEC charges Mango Markets with offering unregistered crypto token
(Reuters) – The U.S. Securities and Exchange Commission on Friday charged cryptocurrency trading platform Mango Markets with unregistered sales of…