G7 calls for extension, full implementation and expansion of Black Sea grain deal
(Reuters) – The Group of Seven (G7) economic powers called on Sunday for the “extension, full implementation and expansion” of…
Citigroup’s Asia Q1 wealth revenue jumps 20% amid new clients, investment gains
(Reuters) -Citigroup’s Asia wealth revenue surged 20% in the first quarter of 2023, backed by investment gains, insurance revenue and…
Philips shares jump on recall provision and profit improvement
(Reuters) -Philips shares jumped 13% on Monday as the Dutch health technology company reported much better than expected first-quarter results…
Paramount agrees to settle Viacom-CBS merger investor lawsuit
(Reuters) -Paramount Global has agreed to a $167.5 million settlement of a case stemming from the 2019 merger of Viacom…
Credit Suisse saw $68 billion in first-quarter outflows as it crumbled
(Reuters) – Credit Suisse said on Monday it had 61 billion Swiss francs ($68 billion) in net asset outflows in…
Norway’s oil fund to vote against climate resolution at BP
(Reuters) -Norway’s $1.4 trillion sovereign wealth fund, one of the world’s largest investors, said on Saturday it will vote against…
Canada, Volkswagen to invest more than C$20 billion in EV battery gigafactory
(Reuters) -Canada and Volkswagen (ETR:VOWG_p) on Friday together committed more than C$20 billion ($14.8 billion) for a battery gigafactory in…
Samsung hit with $303 million jury verdict in computer-memory patent lawsuit
(Reuters) – Computer-memory company Netlist (OTC:NLST) Inc convinced a federal jury in Texas on Friday to award it more than…
Nasdaq appoints Cohen and Griggs each as presidents, formalizing new structure
(Reuters) – Nasdaq Inc on Friday said its board appointed Tal Cohen and Nelson Griggs each as presidents, formalizing the…
Walmart offloads second e-fashion brand in days with focus on margins
Walmart (NYSE:WMT) Inc is selling plus-size fashion brand Eloquii Inc just over a week after it agreed to offload menswear…