By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The yen dropped to multi-year lows against the U.S. dollar and euro on Tuesday, keeping investors on heightened Japanese intervention watch ahead of thi[...]
Read moreApril 23, 2024
Exclusive-EU concerned about KKR, Telecom Italia deal impact on wholesale competition, sources say
By Foo Yun Chee and Elvira Pollina BRUSSELS/ROME (Reuters) – European Union antitrust regulators are asking rivals and customers whether proposed acquisition of Telecom Italia’s (TIM) fixe[...]
Read moreJetBlue sees no profit this year on excess industry capacity, grounded planes
By Rajesh Kumar Singh and Deborah Mary Sophia (Reuters) -JetBlue Airways on Tuesday warned it no longer expects to break even on an adjusted operating margin basis this year as bloated industry capaci[...]
Read moreUS oil and gas M&A hits quarterly record after blockbuster 2023
HOUSTON (Reuters) – U.S. oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year’s fierce merger pace centered in the top U.S. shale field, data provid[...]
Read moreTesla to cut more than 6,000 jobs in Texas, California, notices show
(Reuters) -Tesla said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle maker’s str[...]
Read moreBunge-Viterra agriculture merger runs into Canada competition concerns
By David Ljunggren and Rod Nickel OTTAWA (Reuters) -Canada’s Competition Bureau on Tuesday said it found major competition concerns around U.S. grains merchant Bunge’s proposed acquisition[...]
Read moreJPMorgan China names new heads of China securities unit
By Selena Li HONG KONG (Reuters) – JPMorgan Chase & Co appoints Lu Fang to chair the board of its China securities arm, replacing former chair Park Pu, according to a company memo reviewed b[...]
Read moreTrump poised to clinch $1.3 billion social media company stock award
By Echo Wang (Reuters) – Donald Trump is set to secure on Tuesday a stock bonus worth $1.3 billion from the company that operates his social media app Truth Social, equivalent to about half the[...]
Read moreAI boom to fuel natural gas demand in coming years, report says
(Reuters) – A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tud[...]
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