Analysis-Investors’ route to post-COVID China is via Europe
By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Investors are getting more bang for their buck this year by…
Business
Rivian results boost shares out of EV startup gloom
By Akash Sriram (Reuters) – Shares of Rivian Automotive Inc rose nearly 6% on Wednesday as the company’s positive earnings…
Private-credit firms see opportunity as banks tighten lending
By Lisa Pauline Mattackal (Reuters) – Private-credit firms are eyeing fresh opportunities from a potential borrowing squeeze in the United…
Lithium producers Allkem, Livent to combine in $10.6 billion deal
(Reuters) -Lithium companies Allkem Ltd and Livent Corp said on Wednesday they will combine in an all-stock $10.6 billion deal…
Syneos taken private for $4.46 billion by investment consortium
(Reuters) -An investment consortium, comprising of Elliott Investment Management, Patient Square Capital and Veritas Capital, has agreed to take Syneos…
US credit crunch didn’t start with SVB collapse, and may not end there
By Howard Schneider WASHINGTON (Reuters) – It wasn’t the March 10 collapse of Silicon Valley Bank that prompted Carissa Rodeheaver,…
US April CPI rise gives Fed little room for pivot soon – Instant View
NEW YORK (Reuters) – U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained…
New York Times revenue hit by slow ad spending, subscriber growth
(Reuters) – The New York Times Co missed estimates for quarterly revenue on Wednesday as a turbulent economy sapped digital…
Roblox tops quarterly bookings estimates on higher gaming demand
By Tiyashi Datta and Yamini Kalia (Reuters) -Roblox Corp on Wednesday topped quarterly bookings estimates on Wednesday, as a wider…
Volkswagen defends China record at turbulent shareholder meeting
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Volkswagen defended its record in China and its decision to jointly own…