By Sinéad Carew and Tom Wilson LONDON (Reuters) -MSCI’s global equities gauge was lower on Wednesday and safe haven assets…
Year: 2024
Meta oversight board asks firm not to automatically remove pro-Palestinian phrase
(Reuters) – Meta Platforms’ Oversight Board said on Wednesday the Facebook parent should not automatically remove a phrase seen by…
Nokia signs fibre deal with AT&T after losing network contract to Ericsson
HELSINKI (Reuters) – U.S. telecoms operator AT&T and Finnish network equipment maker Nokia have signed an agreement to build a…
Hedge funds bet against banks, insurance and property, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds continued to take bets against bank and financial stocks in the week…
Berkshire’s BofA stake cuts top $6 billion, analysts say Buffett booking profits
By Arasu Kannagi Basil (Reuters) – Berkshire Hathaway has offloaded Bank of America shares worth more than a combined $6…
Rite Aid to operate as private company as it emerges from Chapter 11 bankruptcy
(Reuters) -Rite Aid will operate as a private company as it has successfully completed its financial restructuring and emerged from…
GM delays additional $330 million investment in Thacker Pass, Lithium Americas says
(Reuters) – Lithium Americas said on Friday automaker General Motors has delayed the second tranche of investment, worth $330 million,…
Lockheed-Raytheon JV secures $1.3 billion Javelin missile contract from U.S. Army
(Reuters) – A joint venture between Lockheed Martin and RTX’s Raytheon was awarded a $1.3 billion follow-on contract by the…
Intel rises as report of chipmaker exploring options stokes investor enthusiasm
(Reuters) – Intel’s shares rose more than 3% before the bell on Friday, as a report of the struggling chipmaker…
CrowdStrike exec to testify before Congress on IT outage
(Reuters) – A senior executive at CrowdStrike will testify before a U.S House of Representatives subcommittee on Sept. 24 on…