Category Archives:
Blackstone to sell The Cosmopolitan resort and casino for $5.65 billion
(Reuters) -Blackstone Inc said on Monday it would sell its The Cosmopolitan of Las Vegas resort and casino for $5.65 billion. As part of the deal, MGM Resorts International would buy the operations of...
Sep 27, 2021
Nikola strikes second deal with Tumim Stone Capital to sell $300 million stock
(Reuters) - Electric truck maker Nikola Corp said on Monday it had entered into another deal with Tumim Stone Capital to sell $300 million of its stock, taking the total to up to $600 million. Phoenix...
Sep 27, 2021
Let’s reform not ruin the WTO, EU trade chief urges U.S
WASHINGTON (Reuters) - The United States needs to work with the European Union to reform the World Trade Organization rather than let it decline through neglect, the EU trade chief said on Monday, "We...
Sep 27, 2021
U.S. core capital goods orders rise solidly in August
WASHINGTON (Reuters) - New orders for key U.S.-made capital goods increased solidly in August, keeping business spending on equipment on track for another quarter of strong growth. The Commerce Depart...
Sep 27, 2021
Facebook puts Instagram Kids app on hold
(Reuters) -Instagram has hit pause on a new app that it is creating for kids, the Facebook-owned photo-sharing app said on Monday, in a move that comes amid growing opposition for the project. Instagr...
Sep 27, 2021
Apple’s new iPhone to take longer to reach customers – analysts
By Aniruddha Ghosh and Nivedita Balu (Reuters) - Apple Inc's customers will have to wait for a few more weeks to lay their hands on the new iPhone 13 as supply chain delays and strong demand lead to o...
Sep 27, 2021
Pfizer begins study of oral drug for prevention of COVID-19
(Reuters) -Pfizer Inc said on Monday it has started a mid-to-late-stage study testing its investigational oral antiviral drug for the prevention of COVID-19 infection among those who have been exposed...
Sep 27, 2021
Rolls-Royce agrees sale of Spanish unit ITP for $2 billion
LONDON (Reuters) -Rolls-Royce said it agreed to sell its Spanish unit ITP Aero to a consortium led by Bain Capital Private Equity for 1.7 billion euros ($2.0 billion), bringing the British engineering...
Sep 27, 2021
Telefonica to migrate systems onto cloud in deal with Oracle
By Clara-Laeila Laudette MADRID (Reuters) - Spain's Telefonica signed a multi-year deal with cloud-service provider Oracle to migrate most of its database systems to the cloud, the firms said on Monda...
Sep 27, 2021
Google, in fight against record EU fine, slams regulators for ignoring Apple
By Foo Yun Chee LUXEMBOURG (Reuters) - Alphabet unit Google on Monday criticised EU antitrust regulators for ignoring rival Apple as it launched a bid to get Europe's second-highest court to annul a r...
Sep 27, 2021
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