(Reuters) – Illumina on Thursday forecast its annual core business revenue to be nearly flat compared to fiscal year 2023 as subdued demand for its genetic testing tools and diagnostics products[...]
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February 8, 2024
Motorola Solutions falls on weak full-year profit forecast
(Reuters) – Motorola Solutions forecast full-year adjusted profit below expectations on Thursday, taking the sheen off strong results and additional stock buyback, sending its shares down 5% in[...]
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Marketmind: Stocks eye best weekly run since June
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Trading volumes across Asia will be lighter than usual on Friday as investors unwind for Chinese New Year and other region[...]
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US says leading AI companies join safety consortium to address risks
By David Shepardson WASHINGTON (Reuters) – The Biden administration on Thursday said leading artificial intelligence companies are among more than 200 entities joining a new U.S. consortium to s[...]
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US SEC, CFTC jointly approve new private fund reporting rules
(Reuters) -Two top U.S. markets regulators on Thursday jointly approved new reporting requirements for private funds and investment advisers, saying this would boost the government’s ability to[...]
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Exclusive-Flynn Group, world’s largest franchisee, explores $5 billion-plus sale -sources
By Abigail Summerville (Reuters) – Flynn Group, the world’s largest franchisee operator of restaurants and fitness clubs, is exploring a majority stake sale that could value it at more tha[...]
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Exclusive-Trump’s media deal partner nears $50 million financing -sources
By Anirban Sen (Reuters) – Digital World Acquisition Corp, the blank-check acquisition company that has agreed to take former U.S. President Donald Trump’s social media platform public, is[...]
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NYCB gets third credit downgrade as CRE exposure worries spill to Europe
By Manya Saini and Niket Nishant (Reuters) -Embattled New York Community Bancorp faced its third credit-rating cut on Thursday while default worries from exposure to the beleaguered U.S. commercial re[...]
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EU lawmakers, countries reach deal on gig workers’ rights at second attempt
By Foo Yun Chee BRUSSELS (Reuters) – EU lawmakers and governments struck a watered-down deal on Thursday on the rights of workers at Uber, Deliveroo and other online companies. The two sides had[...]
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