Citigroup hires JPMorgan’s Baygual as co-head of M&A, memo shows
(Reuters) -Citigroup has appointed JPMorgan Chase’s Guillermo Baygual as co-head of mergers and acquisitions, according to an internal memo seen…
Business
Fox beats quarterly estimates, boosts buyback by $5 billion
(Reuters) -Fox Corp topped Wall Street estimates for quarterly revenue and profit on Tuesday, driven by a surge in advertising,…
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…
Nvidia set to become world’s most valuable company in history
By Noel Randewich and Shashwat Chauhan (Reuters) -Nvidia hit a market value of $3.92 trillion on Thursday, on track to…
Oil and gas activity contracted slightly in second quarter 2025, Dallas Fed survey
HOUSTON -Activity in the U.S. oil and gas sector in Texas, Louisiana and New Mexico contracted slightly in the second…
Space and defense tech firm Voyager raises $382.8 million in US IPO
(Reuters) -Voyager Technologies raised $382.8 million in its U.S. initial public offering, the space and defense tech company said on…
Burberry launches search for Chairman Gerry Murphy’s successor, Sky News reports
(Reuters) -British luxury brand Burberry is evaluating potential candidates to succeed Gerry Murphy as chairman, Sky News reported on Tuesday….
China pushes for ‘prudence’ on CK Hutchison’s ports deal, Xinhua reports
(Reuters) -China’s foreign ministry has asked all parties involved in CK Hutchison’s planned sale of most of its ports operations…
TikTok to enter Japan’s e-commerce industry, Nikkei reports
(Reuters) -Chinese social media platform TikTok will enter the online shopping industry in Japan within the next few months, the…
Toyota considers investing in potential $42 billion buyout of key supplier
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) -Toyota Motor said it is exploring the possibility of investing in a…