By Sinéad Carew and Nell Mackenzie NEW YORK/LONDON (Reuters) -MSCI’S global equities gauge barely gained ground on Monday, while the benchmark U.S. Treasury yield ticked up as investors awaited[...]
Read moreJuly 8, 2024
Paramount, Skydance merger deal ends Redstone era
By Dawn Chmielewski (Reuters) -Streaming-era upstart Skydance Media began scripting a new chapter on Monday for Paramount Global, the day after reaching a deal to acquire one of Hollywood’s olde[...]
Read moreFormer ASML CEO says US-China chip fight will continue
AMSTERDAM (Reuters) – The recently retired CEO of semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that U.S.-China disputes over computer chips ar[...]
Read moreExclusive-Bain Capital nears deal to buy Envestnet, sources say
By Milana Vinn (Reuters) -Private equity firm Bain Capital is nearing a deal to acquire Envestnet, a U.S. financial software vendor with a market value of about $3.5 billion, people familiar with the[...]
Read moreFAA orders inspection of 2,600 Boeing 737s over oxygen mask issue
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said on Monday it is requiring inspections of 2,600 Boeing 737 airplanes because passenger oxygen masks could fail during[...]
Read moreMicrosoft to offer Apple devices to employees in China, cites absence of Android services
(Reuters) – Microsoft intends to offer Apple’s iOS-based devices to its employees in China to access authentication apps, a company spokesperson said on Monday, citing absence of Google[...]
Read moreRecord US summer heat, hurricanes could roil fuel prices as oil refiners sweat
By Shariq Khan and Nicole Jao NEW YORK (Reuters) – A double whammy of record heat and hurricanes should test U.S. refiners’ resilience in coming weeks, raising the risk of extremely volati[...]
Read moreAnalysis-Investors chart possible moves as pressure mounts on Biden
By Davide Barbuscia and Lewis Krauskopf NEW YORK (Reuters) – With doubts growing about whether President Joe Biden will remain a candidate for re-election in 2024, some investors are preparing t[...]
Read moreEuro slips, but off lows as France faces hung parliament
By Karen Brettell (Reuters) -The euro slipped on Monday, but came off of overnight lows against the dollar after France’s election pointed to a hung parliament. The U.S. dollar crept up from a m[...]
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