By Chayut Setboonsarng PATTAYA, Thailand (Reuters) – Toyota launched a public transport pilot on Thursday with nine fully electric Hilux Revo pickup trucks in Thailand, a key Southeast Asian bat[...]
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April 25, 2024
T-Mobile to invest $950 million in venture with EQT to buy fiber optic network provider Lumos
(Reuters) – Wireless carrier T-Mobile US expects to invest about $950 million for a 50% stake in a joint venture with Swedish investment firm EQT’s fund that will buy fiber optic network p[...]
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GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
By Blake Brittain (Reuters) -GlaxoSmithKline sued Pfizer and BioNTech in Delaware federal court on Thursday, accusing them of infringing GSK patents related to messenger RNA (mRNA) technology in the c[...]
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Comcast’s broadband customer losses eclipse upbeat streaming performance
By Harshita Mary Varghese (Reuters) -Comcast said broadband losses would continue after it shed more customers than expected in the first quarter, overshadowing the upbeat performance of its streaming[...]
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Hipgnosis’ bidding war intensifies as Concord hikes offer for Shakira music owner
(Reuters) -Shares of Hipgnosis Songs Fund climbed on Thursday after Apollo-backed Concord outbid a proposal by private equity giant Blackstone, launching a bidding war for the owner of music rights of[...]
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Lazard profit beats estimates as dealmaking rebound fuels record revenue
By Mehnaz Yasmin and Lananh Nguyen (Reuters) – Lazard’s first-quarter profit exceeded estimates on Thursday, buoyed by a resurgence in dealmaking at the boutique investment bank. A robust[...]
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US SEC expected to deny spot ether ETFs next month, industry sources say
By Suzanne McGee and Hannah Lang (Reuters) – U.S. issuers and other firms expect the Securities and Exchange Commission to deny their applications to launch exchange-traded funds (ETFs) tied to[...]
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UPS, FedEx transition to electric vans slowed by battery shortages, low supply
By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas[...]
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BlackRock-backed Decarbonization Partners raises $1.4 billion for first fund
By Simon Jessop LONDON (Reuters) – Climate-focused investor Decarbonization Partners, a tie-up between BlackRock and Singaporean state investment firm Temasek, said on Thursday it had raised a h[...]
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