By Anuja Bharat Mistry (Reuters) -Michael Burry’s Scion Asset Management has doubled its stake in Estee Lauder, at a time…
Category: Business
OpenAI to help UAE develop one of world’s biggest data centers, Bloomberg News reports
(Reuters) -OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be…
Analysis-Novo Nordisk should look to the US for its next CEO, analysts say
By Patrick Wingrove and Maggie Fick (Reuters) -As Denmark’s Novo Nordisk shops for its next CEO to replace Lars Fruergaard…
UnitedHealth shares slide as criminal probe report adds to investor fears
(Reuters) -UnitedHealth Group shares fell nearly 7% in premarket trading on Thursday, after the Wall Street Journal reported that the…
Stellantis chairman denies merger talks with Renault
ROME (Reuters) – Stellantis Chairman John Elkann on Thursday denied there was any truth to rumours that the company is…
Google says hackers that hit UK retailers now targeting American stores
By Raphael Satter WASHINGTON (Reuters) -Alphabet’s Google said hackers responsible for paralyzing disruptions of UK retailers are turning their attention…
Uber and iFood announce strategic partnership in Brazil
By Luciana Magalhaes SAO PAULO (Reuters) -Uber Technologies Inc and iFood, a Brazilian food delivery app, on Wednesday announced a…
US tech firms Nvidia, AMD secure AI deals as Trump tours Gulf states
(Reuters) -A number of U.S. technology firms on Tuesday announced artificial intelligence deals in the Middle East as U.S. President…
United Airlines exec says it may not get Boeing 737 MAX 10s until 2027 or ’28
By David Shepardson NEW YORK (Reuters) -United Airlines may not take delivery of the Boeing 737 MAX 10 until 2027…
AI firm Perplexity eyes $14 billion in valuation in fresh funding round, WSJ reports
(Reuters) -Perplexity AI is in advanced talks to raise $500 million in a funding round that would value the startup…