(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
Category: Business
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
Off-price retailer TJX posts upbeat Q1, lifts annual profit view on robust demand
By Anuja Bharat Mistry (Reuters) -TJ Maxx parent TJX Cos posted better-than-expected first-quarter results and raised its annual profit forecast on easing costs and strong
Target issues weak forecast as shoppers pull back; shares tumble
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday said it expects consumer caution to persist after it reported quarterly earnings that missed
AutoZone’s quarterly profit beats estimates on demand for car parts
(Reuters) – AutoZone beat estimates for third-quarter profit on Tuesday, driven by strong demand for automotive parts as more Americans held on to their ageing