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Category: Business

ARK 21Shares Bitcoin ETF to undergo 3-for-1 share split on June 16
Business

ARK 21Shares Bitcoin ETF to undergo 3-for-1 share split on June 16

(Reuters) -21Shares US said on Monday it will carry out a 3-for-1 share split of its ARK 21Shares Bitcoin ETF…

June 2, 2025June 2, 2025
Merck held talks to buy biotech MoonLake for over $3 billion, FT reports
Business

Merck held talks to buy biotech MoonLake for over $3 billion, FT reports

(Reuters) -Merck has held talks to buy Swiss biotech MoonLake Immunotherapeutics for more than $3 billion, the Financial Times reported…

June 2, 2025June 2, 2025
Rivian eyes new debt deal as expected vehicle deliveries slump, Bloomberg News reports
Business

Rivian eyes new debt deal as expected vehicle deliveries slump, Bloomberg News reports

(Reuters) -Rivian Automotive is working with JPMorgan Chase on a potential high-yield bond sale, in part to refinance its upcoming…

May 30, 2025
US court extends deadline for improved bids in Citgo parent’s auction
Business

US court extends deadline for improved bids in Citgo parent’s auction

HOUSTON (Reuters) – A Delaware judge has extended a deadline to submit improved bids in a court-organized auction of shares…

May 30, 2025
Musk says Tesla testing driverless Model Y cars in Austin, aiming June delivery
Business

Musk says Tesla testing driverless Model Y cars in Austin, aiming June delivery

(Reuters) -Tesla has been testing driverless Model Y cars in Austin, Texas and aims to deliver the first unit in…

May 29, 2025
Nike’s longtime design and innovation chief John Hoke to retire
Business

Nike’s longtime design and innovation chief John Hoke to retire

(Reuters) -Nike’s chief innovation officer, John Hoke, is retiring, the world’s largest sportswear company said on Thursday. Hoke, who joined…

May 29, 2025
AutoZone’s third quarter profit falls 6.6% on currency headwinds
Business

AutoZone’s third quarter profit falls 6.6% on currency headwinds

(Reuters) -AutoZone Inc on Tuesday reported a 6.6% drop in quarterly profit, as softening demand and currency fluctuations weighed on…

May 27, 2025
Nvidia earnings to reveal hit from US export curbs on China
Business

Nvidia earnings to reveal hit from US export curbs on China

By Arsheeya Bajwa (Reuters) – Nvidia investors will look for definitive answers on how much U.S. chip curbs on China…

May 27, 2025
TSMC still evaluating ASML’s ‘High-NA’ as Intel eyes future use
Business

TSMC still evaluating ASML’s ‘High-NA’ as Intel eyes future use

By Nathan Vifflin AMSTERDAM (Reuters) -Taiwan Semiconductor Manufacturing Co (2330.TW), the world’s largest contract chipmaker, is still assessing when it…

May 27, 2025
US plans Chevron license for minimum maintenance in Venezuela, Bloomberg News reports
Business

US plans Chevron license for minimum maintenance in Venezuela, Bloomberg News reports

(Reuters) -U.S. President Donald Trump’s administration is preparing to issue a narrowly tailored license to Chevron, allowing the company to…

May 25, 2025

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