By Marc Jones LONDON (Reuters) -After the storms earlier in the year, investors have basked in a steamy summer market melt-up that has added another $5 trillion to record-high share markets and lifted almost everything else, too. Those looking after public finances in Paris or London may disagree, but it is as if all the …
Markets in third quarter: The calm after the storm Read More »
By Greg Bensinger and Arriana McLymore SAN FRANCISCO (Reuters) -Amazon on Tuesday unveiled a refreshed lineup of devices optimized for home security and its new artificial intelligence-infused Alexa+ voice assistant. At an event in New York, Amazon showed off Echo speakers, Fire TV streaming devices, a new Kindle reader and improved Ring and Blink cameras, …
Amazon refreshes device lineup to integrate new AI-powered Alexa+ Read More »
By Mike Dolan LONDON (Reuters) -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets With Washington closed after Tuesday’s congressional impasse, markets are left in a bit of quandary about how to interpret the hiatus and which economic data to focus on if this week’s key jobs reports are furloughed …
Morning Bid: Congress leaves DC and markets in the dark Read More »
By Shubham Kalia (Reuters) -Apple’s deal with ChatGPT owner OpenAI is not “exclusive” and does not harm competition, Apple’s lawyers said as they asked a U.S. judge on Tuesday to dismiss a case filed by billionaire Elon Musk’s OpenAI rival xAI. Musk’s xAI is seeking billions of dollars in damages, saying Apple would have no …
Apple, OpenAI ask US judge to dismiss Musk’s suit over competition claims Read More »
STOCKHOLM (Reuters) -Ingka Group, the biggest global IKEA retailer, has acquired a Manhattan property where it plans to open a new store as part of the furniture group’s expansion in the United States, it said on Wednesday. The 53,000 square feet property in New York City’s SoHo district will house a two-story IKEA store, while …
IKEA buys $213 million Manhattan building for new store in US push Read More »
By Rae Wee and Xinghui Kok SINGAPORE (Reuters) -World Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, plans to launch a debit card as early as this year, CEO Zach Witkoff told a crypto conference on Wednesday. “We are definitely rolling out a debit card that’ll bridge … crypto …
Trump-linked World Liberty Financial to launch debit card as early as this year Read More »
(Reuters) -New York Attorney General Letitia James on Tuesday filed a lawsuit and an emergency motion seeking a temporary restraining order against U.S. Secretary of Homeland Security Kristi Noem and the department, accusing them of unlawfully withholding nearly $34 million in funding requested by the state’s Metropolitan Transportation Authority (MTA). The MTA is the state …
By Dawn Kopecki, Charlie Conchie and Kane Wu LONDON/NEW YORK/HONG KONG (Reuters) -For dealmakers across the world, the third quarter was one of the best and one of the worst in recent history. Megadeals tallied a stunning $1.26 trillion in global mergers and acquisitions during the third quarter – up 40% year over year – making …
For global M&A, third quarter was one of the best – and worst – in recent history Read More »
By Milana Vinn, Federico Maccioni and Zaheer Kachwala LONDON(Reuters) -For years, tech-focused buyout group Silver Lake coveted video game developer Electronic Arts, the power behind the popular “Battlefield” and “Madden NFL” series. In a brainstorming session this spring, Silver Lake investors and U.S. President Trump’s son-in-law Jared Kushner started hammering out plans for what became …
From Riyadh to Silicon Valley: How EA became the jewel of Saudi Arabia’s gaming vision Read More »
(Reuters) -Alphabet’s YouTube TV and Comcast-owned NBCUniversal on Wednesday agreed to a short-term contract extension, averting a blackout and ensuring YouTube TV subscribers retain access to NBCUniversal programming while negotiations continue. Popular NBC shows including “Sunday Night Football” and “America’s Got Talent” were at risk of being unavailable on YouTube TV after midnight on Tuesday …
NBCUniversal, YouTube TV ink short-term deal to avert programming blackout Read More »
