(Reuters) -Bristol Myers Squibb Co said on Wednesday CEO Giovanni Caforio will step down in November and be succeeded by Chief Commercialization Officer Christopher Boerner. Boerner, who has been CCO[...]
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April 26, 2023
TSMC aims to get newest chip technology into cars faster
By Stephen Nellis SANTA CLARA, California (Reuters) – Taiwan Semiconductor Manufacturing Co on Wednesday said it will release new software this year to help customers working on advanced compute[...]
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Marketmind: A heavy dose of tech, banks & politics
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The top-tier Asian economic data cupboard on Thursday is bare, meaning regional markets will probably[...]
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Tiffany unveils revamped New York flagship, showcasing new look
By Mimosa Spencer NEW YORK (Reuters) – Tiffany & Co. lifted the lid on its newly renovated New York city flagship on Wednesday, the centerpiece of a broad brand reset orchestrated by its own[...]
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Vietnam EV maker VinFast secures $2.5 billion in fresh funding pledges
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle maker VinFast said on Wednesday it had received a fresh round of funding pledges worth $2.5 billion for its future development, in a move[...]
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Universal Music reiterates AI concerns as quarterly profit slumps
(Reuters) -Universal Music Group, the label representing Drake and Taylor Swift, on Wednesday posted a slump in first-quarter core profit due to compensation expenses, and reiterated concerns over AI-[...]
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Hermes settles Skechers patent lawsuit over shoe soles in New York
By Blake Brittain (Reuters) – French luxury fashion house Hermès International SCA has settled a lawsuit brought by Skechers USA Inc that claimed Hermès sneakers infringed Skechers’ patent[...]
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Roku forecasts robust second-quarter revenue as some ad spending improves
(Reuters) -Roku Inc forecast second-quarter revenue above Wall Street estimates on Wednesday on optimism that increased cord-cutting and a broader shift to ad-based streaming will boost business, send[...]
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First Republic plumbs new lows, options dwindle
By Nupur Anand, Saeed Azhar and Niket Nishant (Reuters) -First Republic Bank’s market value plunged again on Wednesday as investors waited to see if it would be able to find buyers for assets an[...]
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