(Reuters) -Biden Administration officials are discussing whether the United States should subject some of Elon Musk’s ventures to national review including the deal for Twitter Inc and SpaceX’s Starlink satellite…
(Reuters) -Credit Suisse Group AG is working with banks including Royal Bank of Canada (RBC) and Morgan Stanley on a potential capital increase, should it need to shore up its…
(Reuters) -Chipmaker Intel Corp is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market, Bloomberg News reported…
(Reuters) -The U.S. Justice Department is investigating whether Credit Suisse continued helping U.S. clients hide assets from authorities, eight years after the Swiss bank paid a $2.6-billion tax evasion settlement,…
BENGALURU (Reuters) -India’s Adani Group is in advanced talks to buy debt-laden Jaiprakash Associates Ltd’s cement business for $606 million, Bloomberg News reported on Monday, citing sources. Separately, Jaiprakash Associates…
(Reuters) – Walt Disney Co’s ESPN is nearing a large new partnership deal with sports-betting firm DraftKings Inc, Bloomberg News reported on Thursday, citing people familiar with the matter. The…
(Reuters) – Emerson Electric Co is in talks with U.S. buyout firm Blackstone Inc to sell a part of its commercial and residential solution business assets, Bloomberg News reported on…
(Reuters) – Amazon.com Inc is planning to close several call centers in the United States in a move toward remote working, Bloomberg News reported on Wednesday citing people familiar with…
(Reuters) – French media mogul Stephane Courbit and his investor partners are said to have offered 20 euros ($19) a share for Bertelsmann SE & Co.’s stake in television company…
(Reuters) -JPMorgan Chase & Co and ICBC Standard Bank Plc are cutting back on financing to China’s troubled metals trade, Bloomberg News reported on Friday, citing people familiar with the…
FRANKFURT (Reuters) – Bayer’s supervisory board has initiated a search for a successor to Chief Executive Werner Baumann, who has said he would not seek a renewal of his contract…
(Reuters) – Chinese regulators have told the country’s biggest banks and state-owned firms to start a round of checks on their financial exposure to Chinese conglomerate Fosun International Ltd, Bloomberg…
(Reuters) – The London Metal Exchange (LME) is unsure about whether it should open on the day of Queen Elizabeth’s funeral, Bloomberg News reported on Monday. The LME has informally…
(Reuters) – The U.S Department of Justice has subpoenaed some short sellers for trading information on firms including Amazon.com Inc, Microsoft Corp and JPMorgan Chase & Co, as part of…
By Marie Mannes Philip Morris is considering lowering the acceptance threshold on its bid for Swedish Match, Bloomberg News reported on Monday, citing people familiar with the matter. According to…
(Reuters) – Pakistan Finance Minister Miftah Ismail expects the economy to grow more than 3.5% for the fiscal year that started in July, Bloomberg News reported on Saturday. Ismail predicted…
(Reuters) – Russia is considering a plan to buy as much as $70 billion in yuan and other “friendly” currencies this year to slow the rouble’s surge, Bloomberg News reported…
(Reuters) – Apple Inc’s Chief Privacy Officer Jane Horvath will be leaving the company soon to work at a law firm, Bloomberg News reported on Tuesday citing people familiar with…
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Monday said he felt the stock market selloff that followed Fed Chair Jerome Powell’s hawkish speech on Friday shows investors…
Netflix Inc is looking to charge about $7 to $9 per month for its new advertising-supported subscription plan, Bloomberg news reported late on Friday. The company plans to introduce its…
(Reuters) – Credit Suisse Group AG’s top shareholder Harris Associates has asked the Zurich-based lender to fix its investment bank unit or seek other options, Bloomberg News reported on Friday.…
(Reuters) – Qualcomm Inc is considering a return to the server market with a new chip in a bid to decrease its reliance on smartphones, Bloomberg News reported on Thursday,…
(Reuters) -Apple Inc has set a Sept. 5 deadline for corporate employees to return to office at least three days a week, a Bloomberg News report said on Monday. The…
(Reuters) – Italian luxury group Prada SpA is considering seeking at least $1 billion from a second listing in Milan and is working with Goldman Sachs Group Inc on early…
(Reuters) – China’s top auditor is conducting a review of the $3 trillion trust industry, Bloomberg News reported on Tuesday, citing people familiar with the matter. China’s trust industry has…