Qualcomm to acquire Israeli auto-chip maker Autotalks
(Reuters) -Qualcomm Inc said on Monday that it would acquire Israel’s Autotalks Ltd, a maker of chips used in crash-prevention…
US
US wholesale inventories unchanged for second straight month; sales drop
WASHINGTON (Reuters) -U.S. wholesale inventories were unchanged for the second straight month in March, while softening demand meant that it…
U.S. dollar struggles, pound hits one-year high
By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major…
Blackstone’s delisting offer for India’s R Systems fails
BENGALURU (Reuters) – Blackstone Inc’s delisting offer for India’s R Systems International Ltd was unsuccessful as the U.S. investment fund…
Catalent shares tank on warning of $400 million cut to annual revenue forecast
(Reuters) -Catalent Inc expects to cut by more than $400 million both its full-year revenue and core profit forecasts, the…
Assa, Spectrum Brands reach settlement with US on deal
(Reuters) -Sweden’s Assa Abloy AB, the world’s No. 1 lock maker, and U.S.-based Spectrum Brands Holdings said on Friday they…
Factbox-What did former FCC Chair Newton Minow say about television?
WASHINGTON (Reuters) – Newton Minow’s first speech as chair of the Federal Communications Commission was his most memorable. In addressing…
Virgin Galactic to start commercial flight in late June, shares rise
(Reuters) – Space-tourism company Virgin Galactic Holdings said on Monday that a four-member test flight will take place in May…
Brazil’s ride-hailing app 99 aims to double electric cars within a year
By Andre Romani SAO PAULO (Reuters) – Brazilian ride-hailing app 99 is planning to more than double the number of…
KKR posts 26% drop in Q1 earnings, beating expectations
By Chibuike Oguh NEW YORK (Reuters) – KKR & Co Inc said on Monday its after-tax distributable earnings fell 26%…