By Anirban Sen NEW YORK (Reuters) -Microsoft Corp is in talks about an extension of its acquisition contract with video game maker Activision Blizzard, which is set to expire on Tuesday, so the partie[...]
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July 17, 2023
Marketmind: Global market outlook bright but China’s clouds darken
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Another day, another whoosh higher on Wall Street, but the double whammy[...]
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Wall St ends higher with earnings poised to ramp up
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round[...]
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Chip companies, top US officials discuss China policy
By David Shepardson and Stephen Nellis WASHINGTON (Reuters) -U.S. chip company executives met with top Biden administration officials on Monday to discuss China policy, the State Department and source[...]
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US FTC eyes options after Microsoft/Activision loss, source says
By Diane Bartz WASHINGTON (Reuters) – The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft’s $69 billion deal to buy Ac[...]
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Buffett cut Activision stake before judge approved Microsoft merger
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway sold 70% of its investment in Activision Blizzard in the second quarter, appearing to miss out on some gains when a fede[...]
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Angelo Mozilo, Countrywide Financial’s former CEO, dies at 84
(Reuters) -Angelo Mozilo, who propelled Countrywide Financial Corp into the largest U.S. mortgage lender before its crash in the 2008 financial crisis, has died, his family foundation said. Mozilo, 84[...]
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Casino’s board approves talks with Kretinsky
By Mathieu Rosemain PARIS (Reuters) -Casino’s board approved moving forward with talks on Monday with Czech billionaire Daniel Kretinsky over a plan to inject 1.2 billion euros ($1.35 billion) o[...]
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Fast-fashion retailer Temu sues rival Shein over US antitrust law
By Mike Scarcella (Reuters) – Chinese e-retailer Temu has filed a new lawsuit accusing rival Shein of violating U.S. antitrust law in its dealings with clothing manufacturers, escalating a legal[...]
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