SoftBank buys Vision Fund’s stake in Arm at valuation of $64 billion-sources
By Anirban Sen NEW YORK (Reuters) – SoftBank Group Corp has acquired the 25% stake in Arm Ltd it does…
August 2023
Pacific island sea levels rising faster than global average, WMO says
GENEVA (Reuters) – Sea levels in the South-West Pacific are rising faster than the global average, threatening low-lying islands while…
Allianz bolsters private credit bet with new $1.6 billion fund
By Pablo Mayo Cerqueiro LONDON (Reuters) – Allianz Global Investors, the insurance company’s money management division, is pushing ahead with…
California probes ‘pharmacy deserts’ in Kroger’s Albertsons deal-sources
By Diane Bartz WASHINGTON (Reuters) – The California attorney general’s office is probing whether Kroger’s $24.6 billion plan to buy…
Judge finds Donald Trump’s appeal in E. Jean Carroll case ‘frivolous’
By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Friday ruled that former President Donald Trump had filed a…
European shares sink to lowest in six weeks, China woes loom large
By Shashwat Chauhan and Ankika Biswas (Reuters) -European shares sank to their lowest level in six weeks on Friday, dragged…
From Mad Men to machines? Big advertisers shift to AI
By Richa Naidu and Martin Coulter LONDON (Reuters) – Some of the world’s biggest advertisers, from food giant Nestle to…
Deere lifts outlook on profit beat, strong demand but shares still skid
By Bianca Flowers and Shivansh Tiwary (Reuters) -Deere & Co breezed past Wall Street estimates for third-quarter profit on Friday…
Ukrainian drone damages building in Moscow disrupting air traffic, Russia says
MOSCOW (Reuters) -A Ukrainian drone smashed into a building in central Moscow on Friday after Russian air defences shot it…
James Buckley, former conservative US senator, dies at 100 -Washington Post
By Will Dunham WASHINGTON – Former U.S. Senator James Buckley, a premier conservative voice in Washington in the 1970s who…