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Category: Business

Business

SpaceX catches giant Starship booster in fifth flight test

(Reuters) -SpaceX on Sunday launched its fifth Starship test flight from Texas and returned the rocket’s towering first stage booster…

October 13, 2024January 27, 2025
Starboard seeks probe after former Pfizer execs pull support for its campaign
Business

Starboard seeks probe after former Pfizer execs pull support for its campaign

(Reuters) – Starboard Value has asked Pfizer to set up a special committee to investigate allegations that two of its…

October 10, 2024January 27, 2025
Meta’s AI chatbot to be available in new markets including Brazil, UK
Business

Meta’s AI chatbot to be available in new markets including Brazil, UK

(Reuters) – Meta Platforms said on Wednesday its artificial intelligence chatbot, Meta AI, will be available in 21 new markets,…

October 9, 2024January 27, 2025
US bank profits to shrink on interest income, focus shifts to Fed cuts
Business

US bank profits to shrink on interest income, focus shifts to Fed cuts

By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase and Wells Fargo kick off earnings for the sector on Friday, and…

October 8, 2024January 27, 2025
Goldman Sachs has derivatives positions worth 6.7% stake in UniCredit, filing shows
Business

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…

October 8, 2024January 27, 2025
Sabadell CEO says 2024 full-year profit could top 1.6 billion euros
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…

October 3, 2024January 27, 2025
Tesla plans $800 million debt sale backed by prime leases, Bloomberg News reports
Business

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…

October 3, 2024January 27, 2025
Business

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…

October 2, 2024January 27, 2025
Lilly to invest $4.5 billion on new facility to scale-up pipeline drug production
Business

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…

October 2, 2024January 27, 2025
Tesla misses estimates for third-quarter deliveries on stiff competition
Business

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…

October 2, 2024January 27, 2025

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