Foxconn reiterates Q2 revenue to grow, posts record April sales
TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and the biggest assembler of Apple’s iPhone, reiterated on…
Category: Business
Fed announces reduction in balance sheet runoff pace
By Michael S. Derby (Reuters) -The Federal Reserve announced plans on Wednesday to slow the speed of its balance sheet…
Analysis-Tesla’s restructuring hits executive bench hailed by Elon Musk
By Joseph White, Aditya Soni and Kevin Krolicki (Reuters) – Just over a year ago, Elon Musk shared the stage…
US lawmaker probes FTC work with Europe to block Amazon iRobot merger
By David Shepardson WASHINGTON (Reuters) – The chair of the House Oversight Committee said on Wednesday he is investigating the…
Cruise operator Viking shares rise 9% in New York debut
By Mehnaz Yasmin and Granth Vanaik (Reuters) – Shares of Viking Holdings rose 9% in their debut on the New…
Wells Fargo investors approve executive pay, CEO underscores risk controls
By Nupur Anand NEW YORK (Reuters) – Wells Fargo shareholders on Tuesday approved its plans for executive compensation with a…
BlackRock to launch PIF-backed Saudi investment platform
By Iain Withers LONDON (Reuters) – The world’s largest asset manager BlackRock said on Tuesday it plans to launch a…
Google to pay up to $6 million to News Corp for new AI content, The Information reports
(Reuters) -Alphabet-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between $5 million and $6…
Boeing taps debt market to raise $10 billion, sources say
By Allison Lampert, Matt Tracy and Shankar Ramakrishnan (Reuters) -Boeing on Monday tapped debt markets to raise $10 billion, after…
Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech
By Elizabeth Howcroft LONDON (Reuters) – Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake…