(Reuters) – Chip designer Advanced Micro Devices said on Monday it would acquire cloud startup Pensando for $1.9 billion to bolster its data center products and capitalize on booming demand from cloud and enterprise sectors. AMD said the deal value does not include working capital and other adjustments. Pensando, which was founded in 2017 by…
(Reuters) – U.S. stock index futures edged higher on Monday as a jump in the shares of Twitter and U.S.-listed Chinese firms offset concerns about more sanctions against Russia over its invasion of Ukraine. Micro-blogging site Twitter Inc jumped 26.3% in premarket trading after Tesla Inc Chief Executive Officer Elon Musk reported a 9.2% stake…
(Reuters) -British insurer Aviva on Monday named Charlotte Jones as its next chief financial officer, saying it has become only the second FTSE 100 firm with a female CEO-CFO duo at the helm. Jones, who replaces Jason Windsor, was previously finance chief at RSA Insurance and a deputy group CFO at Deutsche Bank, besides having…
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk has built a 9.2% stake in Twitter Inc, a regulatory filing showed on Monday, sending the micro-blogging site’s shares soaring 16% in premarket trading. Late March, the silicon valley billionaire said he was giving “serious thought” to building a new social media platform. Musk was responding…
DUBLIN (Reuters) – Workday Inc will add 1,000 jobs at its European headquarters in Dublin over the next two years and construct a 51,000 square metre campus in the capital to accommodate the expansion, the U.S. software company said on Monday. Workday specialises in cloud-based applications for finance and human resources, and the jobs will…
GENOA (Reuters) – A potential increase in military spending could add to growth estimates released last month by Italian defence group Leonardo, Chief Executive Alessandro Profumo said on Monday. “We already have a very important growth plan … everything that arrives will come on top (of current estimates)”, Profumo said when asked how a potential…
By Julien Ponthus LONDON (Reuters) – Global equity markets made a cautious start on Monday amid talk of more sanctions against Russia over its invasion of Ukraine, while a closely watched part of the U.S. yield curve fuelled recession worries further. Germany said the West would agree to impose more sanctions on Russia in the…
(Reuters) -British fashion retailer Ted Baker said on Monday it had launched a formal sale process, after private equity firm Sycamore improved its takeover proposal and another third party also showed interest in bidding for the company. Ted Baker shares jumped as much as 11% to 142.6 pence. The news comes a week after Ted…
By Joice Alves LONDON (Reuters) – The euro edged lower on Monday after Germany and France said a new round of sanctions targeting Russia were needed amid “very clear clues” of war crimes in Ukraine. The euro, which has been under pressure due to worries about the economic damage from the war in Ukraine, slipped…
(Reuters) – The Russian rouble eased in early trade on Monday, heading away from a near five-week high against the dollar it touched last Friday, while the MOEX benchmark stock index climbed higher to levels seen before Russia sent thousands of troops into Ukraine. The market was eyeing developments around what Russia calls “a special…
