By Shristi Achar A, Pranav Kashyap and Shashwat Chauhan (Reuters) -European shares ended lower on Thursday as a continued selloff of chip stocks kept a lid on gains brought on by some positive corpora[...]
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July 18, 2024
Apple in talks to license more Hollywood films, Bloomberg News reports
(Reuters) -Apple is in talks to license more films from Hollywood studios to boost its streaming portfolio, Bloomberg News reported on Thursday, citing people familiar with the matter. Streaming platf[...]
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Google brings AI to US broadcast of Paris Olympics
By Sheila Dang (Reuters) – Alphabet’s Google will infuse artificial intelligence into the U.S. broadcast of the Paris Olympics, allowing sports commentators to use AI to explain competitio[...]
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US mine development timeline second-longest in world, S&P Global says
By Ernest Scheyder (Reuters) – It takes an average of nearly 29 years to build a new mine in the U.S., the second-longest in the world behind only Zambia, hampering Washington’s efforts to[...]
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LATAM Airlines readies NYSE listing at $8.5 billion potential valuation
(Reuters) – LATAM Airlines is preparing to list its shares on the New York Stock Exchange in a move that could fetch it a valuation of $8.5 billion, the company said on Thursday. The Santiago, C[...]
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Analysis-Exxon clash with Chevron hinges on change of control of Hess’ Guyana asset, sources say
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil’s legal bid to stop Chevron’s proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of con[...]
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Summer auto plant shutdowns, Hurricane Beryl boost US weekly jobless claims
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits increased more than expected last week, but that did not signal a material shif[...]
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Proxy advisor Glass Lewis advises Enhabit investors to elect three AREX nominees
By Svea Herbst-Bayliss (Reuters) – Proxy advisory firm Glass Lewis said on Thursday Enhabit shareholders should elect three AREX Capital Management director candidates to the nine-member board.[...]
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Meta in talks to buy 5% stake in Ray-Ban maker EssilorLuxottica, WSJ reports
(Reuters) -Meta Platforms is in talks to acquire a stake of about 5% in EssilorLuxottica, its production partner for Ray-Ban smart glasses, the Wall Street Journal reported on Thursday, citing people[...]
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