Category Archives:
President Biden travels to UK to meet with King Charles
LONDON (FOX News) — President Biden will meet on Monday with King Charles III, to discuss the environment, and British Prime Minister Rishi Sunak, to discuss the war in Ukraine. This will be the...
Jul 10, 2023
Foxconn withdraws from $19.5 billion Vedanta chip plan in India
NEW DELHI (Reuters) - Taiwan's Foxconn said on Monday it had withdrawn from a joint venture with conglomerate Vedanta, in a blow to Indian Prime Minister Narendra Modi's chipmaking plans. Here is a ti...
Jul 10, 2023
Israel’s Oddity Tech seeks up to $1.7 billion valuation in U.S. IPO
(Reuters) - Israel-based Oddity Tech will seek a valuation of up to $1.7 billion in its U.S. initial public offering (IPO), the beauty and wellness products company said on Monday. The company is aimi...
Jul 10, 2023
TPG to buy Forcepoint unit from Francisco Partners
(Reuters) - Forcepoint said on Monday buyout firm TPG would purchase its government cybersecurity business from parent Francisco Partners. The deal's financial terms were not disclosed. The deal was f...
Jul 10, 2023
Explainer-What’s next for Ant after its nearly $1 billion fine?
BEIJING (Reuters) - The announcement of a nearly $1 billion fine by Chinese regulators on Ant Group has drawn a line under the fintech giant's woes and given hope to investors that a regulatory crackd...
Jul 10, 2023
Charlie Watts book collection to be offered for sale at auction
LONDON (Reuters) - Books and jazz memorabilia belonging to late Rolling Stones drummer Charlie Watts will go under the hammer in a two-part sale in September, auction house Christie's said on Monday. ...
Jul 10, 2023
Govt and Fiat-owner Stellantis agree on need to boost car production in Italy
ROME (Reuters) -Italian Industry Minister Adolfo Urso said on Monday Stellantis Chief Executive Carlos Tavares agreed with him on the need to boost automotive production in Italy, home to Stellantis b...
Jul 10, 2023
Citigroup cuts rating on US stocks to ‘neutral’
(Reuters) - Citigroup on Monday cut its rating on U.S. stocks to "neutral" from "overweight" on recession risks, and warned that growth is set for a pullback as AI "euphoria" enters a more digestive p...
Jul 10, 2023
Fertilizer company OCI bets big on climate-friendly ammonia
By Rod Nickel and Victoria Klesty (Reuters) - Without a single sales contract in hand, Dutch fertilizer company OCI is building a $1 billion plant in Texas to produce ammonia with low greenhouse gas e...
Jul 10, 2023
Foxconn drops $19.5 billion Vedanta chip plans in blow to India
BENGALURU (Reuters) -Taiwan's Foxconn said on Monday it has withdrawn from a $19.5 billion joint venture with Indian metals-to-oil conglomerate Vedanta, in a setback to Prime Minister Narendra Modi's ...
Jul 10, 2023
Peoria, IL, USA
46 °F Overcast
