Author Archives: Syndicated Content
Coca-Cola signs $1.1 billion deal to use Microsoft cloud, AI services
By Stephen Nellis (Reuters) - Microsoft said on Tuesday that Coca-Cola had signed a $1.1 billion five-year deal to use its cloud computing and artificial intelligence services. Under the agreement, Mi...
Apr 23, 2024
Canadian competition bureau has major concerns about proposed Bunge-Viterra merger
OTTAWA (Reuters) -Canada's Competition Bureau on Tuesday said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge and Glencore-backed Viterra. In...
Apr 23, 2024
US oil and gas M&A hits quarterly record after blockbuster 2023
HOUSTON (Reuters) - U.S. oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year's fierce merger pace centered in the top U.S. shale field, data provider Enverus s...
Apr 23, 2024
US business activity cools in April; inflation measures mixed
(Reuters) - U.S. business activity cooled in April to a four-month low due to weaker demand, while rates of inflation eased slightly even as input prices rose sharply, suggesting some possible relief ...
Apr 23, 2024
Solar company Sunpower flags issues with financial reporting
(Reuters) - SunPower has identified misstatements in its results for fiscal year 2022, the U.S. solar power storage and energy service provider said in a regulatory filing on Tuesday. It expects a $15...
Apr 23, 2024
Global equity market-neutral hedge funds shine
By Patturaja Murugaboopathy (Reuters) - Global equity market-neutral hedge funds have lured investors as they can deliver better returns in times of global rates uncertainty and geopolitical tension t...
Apr 23, 2024
US homebuilder NVR tops profit estimates as tight housing supply spurs sales
(Reuters) - U.S. homebuilder NVR Inc beat Wall Street estimates for first-quarter profit as tight housing supply drove demand for new homes. With the popular 30-year fixed mortgage at around 7%, a maj...
Apr 23, 2024
Walmart-backed fintech One launches 'buy now, pay later' loans, CNBC reports
(Reuters) - Walmart's majority-owned fintech startup One has started offering buy now, pay later (BNPL) loans for big-ticket items like electronics and power tools at some of the retailer's U.S. store...
Apr 23, 2024
Fund offering 'venture capital' exposure sends investors on meme-like ride
By Suzanne McGee (Reuters) - A new fund that allows shareholders access to privately owned technology companies has sent investors on a wild ride in recent weeks while eliciting criticism from the lik...
Apr 23, 2024
Apple says it will hold event on May 7
(Reuters) - Apple will hold an event on May 7, the company said on Tuesday, amid reports that it would roll out the long-anticipated revamped versions of the iPad Pro and iPad Air next month. The Cupe...
Apr 23, 2024
