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Tag Archives: Reuters
Bunge has finalized merger with Viterra
Reuters was first to report that U.S. grains merchant Bunge Ltd was in advanced talks on a deal to merge with Glencore Plc-backed peer Viterra and create an agricultural trading giant worth more than $30 billion, including debt. The high-profile … Continue reading
Vodafone, Hutchison to announce UK merger as soon as Friday
Reuters exclusively reported that Vodafone (VOD.L) and CK Hutchison (0001.HK) are in the final stage of agreeing to merge their British operations, with an announcement expected as soon as Friday or early next week. The post Vodafone, Hutchison to announce … Continue reading
Modi’s chipmaking plan flounders as firms struggle to find tech partners
Reuters reported that big companies including a Foxconn joint venture that bid for India’s $10 billion semiconductor incentives are struggling due to the lack of a technology partner, a major setback for Prime Minister Narendra Modi’s chipmaking ambitions. The post … Continue reading
AI rules ‘cannot be bargained’, EU’s Breton says after OpenAI CEO threat
Reuters exclusively reported that EU industry chief Thierry Breton has said proposed EU rules on artificial intelligence are not up for bargaining, in response to OpenAI CEO Sam Altman’s threat to quit Europe if the rules are too onerous. Altman … Continue reading
Media editing software vendor Avid explores sale
Sources exclusively shared with Reuters that Avid Technology Inc (AVID.O), a provider of video and audio editing software and equipment, is exploring a potential sale. The post Media editing software vendor Avid explores sale appeared first on Reuters News Agency.
US will not award $200 mln grant for Microvast battery company
Reuters was first to report that the U.S. Department of Energy had scrapped a proposed $200 million grant to lithium battery company Microvast Holdings after lawmakers cited concerns over its alleged links to China’s government. Microvast shares lost nearly a … Continue reading
LG Display to supply OLED TV panels to Samsung Electronics
Reuters exclusively reported that flat-screen maker LG Display is in a deal to supply high-end TV panels to Samsung Electronics in a deal that would help the South Korean firm turn profitable. For Samsung, the world’s largest TV vendor, the deal … Continue reading
Microsoft offers to charge for Teams to address EU antitrust concerns
Reuters exclusively reported that Microsoft is offering to charge more for its Office product when bundled with its messaging app Teams (versus Office without Teams) in an attempt to stave off an EU antitrust investigation. Microsoft was hit with more … Continue reading
US government may delay decision on electric vehicles biofuel program
Sources exclusively revealed to Reuters that the U.S. government could delay a decision on giving electric vehicle (EV) manufacturers tradable credits under a renewable fuel scheme, due to concern about legal challenges to the plan. The post US government may … Continue reading
SoftBank’s Arm registers for blockbuster U.S. IPO
Reuters was first to report that SoftBank Group Corp’s chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, setting the stage for this year’s largest initial public offering. While SoftBank had said in March … Continue reading