Category Archives:
French video game maker Ubisoft increases writedowns, lowers targets on weak sales
By Mathieu Rosemain PARIS (Reuters) -Ubisoft is increasing expected writedowns to 500 million euros ($538 million) and is cutting its full-year revenue target on weaker-than-than expected sales at the...
Jan 11, 2023
Universal Music CEO Grainge decries spam music on streaming platforms
AMSTERDAM (Reuters) - Universal Music Group CEO Lucian Grainge on Wednesday lamented the increasing use of short, low-quality music clips on streaming music platforms, saying they undermine the experi...
Jan 11, 2023
U.S. Senate Commerce committee to investigate FAA computer outage
By David Shepardson WASHINGTON (Reuters) - A U.S. Senate panel will review the cause of a Federal Aviation Administration computer system outage that sparked a nationwide ground stop and delayed or ca...
Jan 11, 2023
Mark Cuban’s pharmaceuticals startup ties up with RxPreferred
(Reuters) - Billionaire entrepreneur Mark Cuban's pharmaceuticals startup has tied up with pharmacy benefits manager RxPreferred Benefits, the companies said on Wednesday, in a move to offer lower pri...
Jan 11, 2023
Tata Motors looks to expand electric car portfolio, add pricier models
By Aditi Shah and Praveen Paramasivam GREATER NOIDA, India (Reuters) - Tata Motors plans to expand its electric car portfolio with new models and higher price points, its managing director said on Wed...
Jan 11, 2023
Exclusive-UK watchdog blocks LME plan to restart Asian hours nickel trade-sources
By Pratima Desai LONDON (Reuters) - Britain's financial watchdog is blocking the restart of London Metal Exchange nickel trade in Asian hours due to doubts about the LME's ability to run an orderly ma...
Jan 11, 2023
‘Banshees,’ ‘Fabelmans’ follow Globes honors with SAG nods
By Lisa Richwine and Danielle Broadway LOS ANGELES (Reuters) - Steven Spielberg's drama "The Fabelmans" and dark comedy "The Banshees of Inisherin," two big winners at Hollywood's Golden Globes ceremo...
Jan 11, 2023
Factbox-Activist investor Bluebell’s offensive against European giants heats up
(Reuters) - Activist hedge fund Bluebell Capital Partners shows no sign of halting its run of challenging the policies and executives of some of the world's biggest companies. The group has taken on t...
Jan 11, 2023
HSBC expects Fed’s final rate hike on Feb. 1, cuts next year
NEW YORK (Reuters) - The Federal Reserve will likely hike its target interest rate for the last time at its Jan. 31-Feb. 1 monetary policy meeting, raising it by 50 basis points (bps) to a range of 4....
Jan 11, 2023
U.S. to announce list of drugs for pricing negotiations Sept. 1
By Ahmed Aboulenein WASHINGTON (Reuters) - The U.S. government will announce a list of 10 prescription drugs for which it plans to negotiate the prices for Medicare recipients on Sept. 1, and the pric...
Jan 11, 2023
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