BRUSSELS (Reuters) – U.S. chipmaker Broadcom is seeking European Union antitrust approval for its $61 billion bid for cloud computing company VMware, Broadcom said on Tuesday in a statement.[...]
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Articles written by Reuters
Oil investors set for supply fall to offset weak economy: Kemp
By John Kemp LONDON (Reuters) -Investors expect a planned U.S. and EU price cap to disrupt Russia’s crude exports by enough to offset the impact of an economic slowdown on oil consumption, boost[...]
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Australia wages jump 1.0% in Q3, biggest gain in a decade
By Wayne Cole SYDNEY (Reuters) -Australian wages boasted the largest rise in a decade last quarter as a super-tight labour market finally made itself felt, though pay still lags far behind inflation i[...]
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Jobless rate rises as UK prepares to tighten belts again
By William Schomberg LONDON (Reuters) -Britain’s unemployment rate unexpectedly rose and vacancies fell for a fifth report in a row as employers worried about the outlook for the economy, offici[...]
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Intel hit with $949 million U.S. verdict in VLSI computer chip patent trial
By Blake Brittain (Reuters) -A federal jury in Texas on Tuesday said Intel Corp must pay VLSI Technology LLC $948.8 million for infringing a VLSI patent for computer chips. VLSI, a patent-holding comp[...]
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Musk to relaunch Twitter’s blue check subscription on Nov 29
(Reuters) -Billionaire Elon Musk said on Tuesday that Twitter’s sought-after blue check subscription service will be relaunched on Nov. 29, a minor delay from his initial tentative timeline to b[...]
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Wall Street gains on inflation data, but rocky on geopolitics
By Lewis Krauskopf, Amruta Khandekar and Ankika Biswas (Reuters) – Wall Street’s main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland[...]
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Estee Lauder to buy fashion label Tom Ford in $2.8 billion deal
(Reuters) -Estee Lauder Cos Inc said on Tuesday it agreed to buy U.S. fashion label Tom Ford for $2.8 billion, its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand[...]
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Trump’s ex-CFO, at tax fraud trial, says company reaped big savings with perks
By Karen Freifeld and Luc Cohen NEW YORK (Reuters) -Former U.S. President Donald Trump’s namesake company saved hundreds of thousands of dollars by paying longtime executive Allen Weisselberg[...]
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