(Reuters) – Media veteran Edgar Bronfman Jr. has withdrawn from the race for Paramount Global, clearing the way for Skydance Media to take control of Shari Redstone’s empire and ending one[...]
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Articles written by Reuters
CrowdStrike earnings to shed light on fallout from global Windows outage
By Jaspreet Singh (Reuters) – CrowdStrike’s results on Wednesday will offer a first look at the financial implications of the global cyber outage that paralyzed Microsoft Windows operating[...]
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UBS Wealth Management raises odds of U.S. recession to 25% from 20%
(Reuters) – UBS Global Wealth Management has raised the odds of a U.S. recession to 25% from 20%, citing weakness stemming from softer jobs growth and the July unemployment data which stoked fea[...]
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Swiss launch instant payments to catch up with Europe
By John Revill ZURICH (Reuters) -Swiss companies and consumers are now able to make instant electronic payments, catching up with other European financial centres where the ultra-fast transfers are in[...]
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Canadian lender Scotiabank’s Q3 profit falls on higher loan loss provisions
(Reuters) – Canada’s Bank of Nova Scotia reported a fall in third-quarter profit on Tuesday, as the lender set aside more in rainy-day funds, compared with a year earlier, to cover for pot[...]
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Morning Bid: Pre-Nvidia hesitation obscures record high
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks are back just shy of new record highs, lapping up the likely start of Federal Reserve easing next month but wary o[...]
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China’s Anta Sports announces up to $1.3 billion share buyback
(Reuters) -Chinese sportswear maker Anta Sports on Tuesday said it will spend up to HK$10 billion ($1.28 billion) to buy back up to 10% of its shares in a bid to protect shareholders’ interests.[...]
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US to award HP $50 million for semiconductor tech project
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said Tuesday it plans to award $50 million to HP to support the expansion and modernization of an existing company facilit[...]
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Sony to raise PlayStation 5 price by 20% in Japan
TOKYO (Reuters) – Sony is raising the price of its PlayStation 5 (PS5) games console in Japan by about 20%, it said on Tuesday, citing a difficult external environment including global economic[...]
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