Reuters Financial News

22.02 / 03:11
markets UPS Reuters NVIDIA Trade reports Nvidia stock rises on growth forecast, drives market surge on renewed AI interest
artificial intelligence (AI) chips, has projected a significant threefold increase in quarterly revenue, surpassing market expectations and propelling its shares up by 10 percent in after-hours trading, Reuters reported. The robust demand for Nvidia's data centre chips and graphics processing units (GPUs) continues to rise as companies strive to expand their AI capabilities, it added. Nvidia's silicon maintains dominance in the global AI chip market, with Microsoft among its prominent clients.
21.02 / 23:49
Reuters Aviat electronic Curi RMB asks Japan Aviation and NEC to cancel tender offer
TOKYO (Reuters) — U.S. investment advisory firm Curi RMB Capital on Thursday said it demands that Japan Aviation Electronics and its majority shareholder NEC Corp cancel the ongoing tender offer and reconsider alternative buyout offers they have received.
21.02 / 23:49
Reuters CEO AbbVie ImmunoGen reports AbbVie eyes selling at least $13 billion of bonds to fund M&A, Bloomberg reports
(Reuters) — AbbVie (NYSE:ABBV) is looking to sell at least $13 billion of corporate bonds to help fund its acquisitions of ImmunoGen (NASDAQ:IMGN) and Cerevel Therapeutics, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.
21.02 / 20:39
Reuters Manufacturing CEO Airlines Boeing President reports Boeing's head of 737 MAX program leaves the company - report
Ed Clark, the executive leading Boeing (NYSE:BA)'s 737 MAX program, has stepped down, Reuters reported Wednesday after obtaining a company memo.
21.02 / 18:41
IPO Reuters Platform Reddit WSJ Trade reports Reddit plans to reserve shares for its big users in IPO, WSJ reports
(Reuters) -Social media platform Reddit plans to sell a chunk of its IPO shares to its platform's users, the Wall Street Journal reported on Wednesday.
21.02 / 12:57
UPS Target Reuters Fighting President War Ukraine outnumbered, outgunned, ground down by relentless Russia
war enters its third year, the infantry of 59th Brigade are confronting a bleak reality: they're running out of soldiers and ammunition to resist their Russian invaders. One platoon commander who goes by his call sign «Tygr» estimated that just 60-70% of the several thousand men in the brigade at the start of the conflict were still serving. The rest had been killed, wounded or signed off for reasons such as old age or illness. Heavy casualties at the hands of Russian forces have been compounded by dreadful conditions on the eastern front, with frozen soil turning into thick mud in unseasonably warm temperatures, playing havoc with soldiers' health.
21.02 / 05:47
UPS Target Reuters Yellow Trade Bitcoin Gold price today: Yellow metal trades higher ahead of US Fed meeting minutes; may face resistance at ₹62,310
₹76, or 0.12%, at ₹62,243 per 10 grams. MCX Silver price was up by ₹150, or 0.21%, at ₹71,405 per kg. International gold prices were steady, helped by a slightly weaker dollar as investors looked forward to minutes of the last US Federal Reserve policy meeting due later in the day for more clarity on its interest rate path, Reuters reported.
21.02 / 05:09
markets Reuters economy Sustainability show track reports Australian Major Australian mining stocks sink tracking iron ore price slump
Investing.com-- Shares of major Australian mining stocks fell sharply on Wednesday, tracking a decline in iron ore prices amid growing concerns that worsening global economic conditions will dent demand for the steel-making material.
21.02 / 04:13
BLOCK Reuters Action security War reports Israel-Hamas War: US vetoes United Nations resolution on Gaza ceasefire for third time
ceasefire in Gaza amid the Israel-Hamas conflict, Reuters reported. The resolution, put forward by Algeria, sought an immediate humanitarian ceasefire, while the US has pressed for a temporary ceasefire tied to the release of hostages held by Hamas.
21.02 / 03:29
markets UPS Reuters JPMorgan electronic Interviews Japan's Mizuho aims to remain a top 10 global investment bank
Mizuho Financial Group aims to stay in the top 10 of the global investment bank league table, its investment banking chief told Reuters, after it became the first Japanese bank to enter the table's upper echelons in more than a decade. Mizuho ranked 10th in LSEG's investment banking league table last year, benefiting from a lead underwriting role in chip designer Arm's initial public offering and the purchase of U.S. mergers-and-acquisitions (M&A) advisory Greenhill.
21.02 / 02:23
Reuters Williams Fighting Southern reports peace end Too many have been killed: UK's Prince William pleas for end of Gaza war
Israel-Hamas conflict in Gaza. He emphasised the immense human suffering endured in the enclave, stressing the urgent need for peace to prevent further loss of life, according to a report by Reuters. In an unexpected move for a member of the royal family, Prince William highlighted the critical importance of delivering aid to Gaza's population and demanded the release of hostages held by Hamas.
21.02 / 01:39
Provident Reuters Apple SpaceX Intuit reports Videos elon Watch | SpaceX Falcon 9 completes its 300th mission, Elon Musk is elated
‘Gen AI will not lead to hiring decline’ Earlier this month on February 15, Houston-based aerospace company, Intuitive Machines, successfully launched its moon lander, the Nova-C lander named Odysseus, from Florida. The mission marked the first US lunar touchdown in over half a century and the initial one by a privately owned spacecraft, Reuters reported.
21.02 / 01:33
markets UPS Reuters security Trade country Oil rises; markets weigh Red Sea attacks, US rate cuts
BEIJING (Reuters) — Oil prices regained some ground in early Asian trade on Wednesday, as investors weighed concerns over output cuts by key producers and attacks on shipping in the Red Sea against dimmed expectations of U.S. rate cuts.
20.02 / 17:25
markets Reuters Trade President country reports International Oil pares gains amid uncertain demand outlook in 2024, risk premium persists; Brent at $83/bbl
Also Read: Oil remains range-bound as rate cut hopes fade away: Here's how US Fed policy decision affects prices Brent futures dipped 22 cents or 0.26 per cent to $83.34 a barrel. The six-month spread for Brent on Tuesday was also at its highest since October, in a sign of a tighter market. US West Texas Intermediate (WTI) crude for April delivery fell 26 cents, or 0.33 per cent, to $78.20 a barrel, after earlier paring $1.
20.02 / 15:47
UPS Reuters Platform reports Schools Flipkart looking to buy Reliance-backed Dunzo: report
Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter. While talks are still ongoing, complexities surrounding Dunzo's ownership structure have impeded the two parties from coming to an understanding over a deal, the report said.
20.02 / 15:41
Reuters Death President reports Videos Investigations Alexei Navalny's widow Yulia Navalnaya's X account briefly suspended
unblocked" about half an hour later. Accounts of Navalny’s aides, such as spokesperson Kira Yarmysh, did not appear to have been affected. ALSO READ: Vladimir Putin critic passes away in Russian prison — Who was Alexei Navalny? It was not immediately clear why Navalnaya’s account was briefly suspended.
20.02 / 13:52
markets COST Reuters Food show Headlines Canada's inflation rate drops more than expected to 2.9% in January
OTTAWA (Reuters) — Canada's annual inflation rate cooled much more than expected to 2.9% in January, largely on lower gas prices, while core inflation measures dropped to their lowest levels in more than 2 years, data showed on Tuesday.

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