By Yadarisa Shabong (Reuters) -Cigarette maker Philip Morris won the support of Vectura for its 1.1 billion pound ($1.5 billion) […]
U.S. producer prices at more than decade high; jobless claims fall
WASHINGTON (Reuters) -Producer prices posted their largest annual increase in more than a decade amid inflation pressures while the number […]
Alibaba to set up committee to probe sexual harassment complaints
(Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd said on Thursday it will set up a committee, initially comprising […]
Global M&A volumes hit new record in 2021, overtaking last year’s haul
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Global merger and acquisition (M&A) activity has breached new highs, building on […]
Toshiba returns to Q1 profit on demand for automotive chips
By Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp said on Thursday it swung back to profit in the first quarter, […]
Baidu quarterly results top estimates on ad sales, AI demand
(Reuters) -Baidu Inc’s quarterly results topped Wall Street estimates on Thursday, as the Chinese search giant benefited from a rebound […]
Fund managers position for transitory U.S. inflation
By Divya Chowdhury MUMBAI (Reuters) – Based on expectations that U.S. inflation will be transitory and that the Federal Reserve […]