By Jaspreet Singh (Reuters) -LinkedIn is expanding its video advertising program, adding new publishers and creator-led shows to draw marketing dollars. The Microsoft-owned platform for professionals said on Monday that AT&T Business, IBM, SAP and ServiceNow will sponsor the debut season of four video programs as part of an expansion of its BrandLink program. Launched…
By Nell Mackenzie LONDON (Reuters) -Hedge funds and speculators picked WH Smith as their top target for short selling in July, before the British travel retailer announced an accounting error on Thursday that sent its shares tumbling more than 45%. WH Smith lowered its annual profit outlook on Thursday after a review revealed earnings had…
HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month. A final winner recommendation in the complex court-organized auction is expected to…
(Reuters) -The measles outbreak in West Texas has ended, state health officials said on Monday, after meeting the criteria of six weeks since the last reported case. Texas is now shifting focus to vaccination campaigns to strengthen immunity and prevent future outbreaks, the Department of State Health Services (DSHS) said. The outbreak, which began in…
(Reuters) -Private equity group Advent International said on Sunday it has agreed to take over Switzerland’s U-Blox Holding in a cash offer worth some 1.05 billion Swiss francs ($1.30 billion). Advent said its public tender offer for U-Blox’s shares would be carried out by its indirect subsidiary ZI Zenith. The 135 Swiss francs per share…
(Reuters) -The U.S. Food and Drug Administration on Thursday announced a new program to speed up construction and review of drug manufacturing plants in the country to boost domestic drug supply. The program, called FDA PreCheck, aims to streamline review of domestic pharmaceutical plants and eliminate unnecessary regulatory requirements, in line with President Donald Trump’s…
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By Emma-Victoria Farr and Amy-Jo Crowley LONDON (Reuters) – Global dealmaking has reached $2.6 trillion, the highest for the first seven months of the year since the 2021 pandemic-era peak, as a quest for growth in corporate boardrooms and the impact of a surge in AI activity has overcome the uncertainty caused by U.S. tariffs….
(Reuters) -Israeli contract chipmaker Tower Semiconductor forecast third-quarter revenue above Wall Street expectations on Monday, driven by steady demand for its chips used in the automotive and industrial markets. The company’s U.S.-listed shares were up 5% in early trading. Tower Semiconductor has also seen higher demand for its advanced chip technologies used in optical fiber…
By Laila Kearney NEW YORK, August 4 (Reuters) -Google has signed agreements with two U.S. electric utilities to reduce its AI data center power consumption during times of surging demand on the grid, the company said on Monday, as energy-intensive AI use outpaces power supplies. Utilities in the country have been inundated with requests for…
