BEIJING (Reuters) – Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment by the Korean conglomerate, state
Category: Business
JPMorgan to pay $100 million over CFTC trade reporting violations
(Reuters) -JPMorgan Chase & Co will pay $100 million and admit it broke U.S. Commodity Futures Trading Commission rules in connection with trade reporting lapses,
GameStop surges after fetching $933 million from stock sale
(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its shares up 15% after the
SpaceX mulling tender offer at $200 billion valuation, Bloomberg News reports
(Reuters) -Elon Musk’s SpaceX has initiated discussions about selling existing shares in a deal that could value the company at roughly $200 billion, Bloomberg News
Global minimum tax deal on multinationals set to fail, G7 chair says
By Giuseppe Fonte STRESA, Italy (Reuters) – An accord over a global minimum tax on multinationals will not be finalised by June as previously planned,
Exclusive-Nvidia cuts China prices in Huawei chip fight, sources say
By Fanny Potkin SINGAPORE (Reuters) – Nvidia’s most advanced AI chip it developed for the China market has got off to a weak start, with
Boeing faces ‘long road’ on safety issues, US FAA says
WASHINGTON (Reuters) – U.S. planemaker Boeing faces a “long road” to address safety issues, the head of the Federal Aviation Administration said on Thursday as
Medtronic beats quarterly profit estimates on medical devices strength
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a post-pandemic pickup in surgical volumes at hospitals
Medtronic beats fourth-quarter estimates on strength in medical devices
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a pickup in surgical volumes at hospitals lifted
Biogen to buy Human Immunology Biosciences for up to $1.8 billion deal
(Reuters) -Biogen said on Wednesday it had agreed to buy privately held Human Immunology Biosciences for up to $1.8 billion, gaining access to targeted therapies