Grifols shares soar on possible sale of $1.5 billion stake in Shanghai RAAS

(Reuters) – Shares in Spanish pharmaceutical Grifols soared on Wednesday morning after it disclosed a plan to reduce its stake…

Airbus raises 20-year delivery forecast, sees more replacements

(Reuters) – Europe’s Airbus on Wednesday raised its 20-year forecast for new airplane deliveries, but tempered its predictions for growth…

US judge temporarily blocks Microsoft acquisition of Activision

(Reuters) – A U.S. judge late on Tuesday granted the Federal Trade Commission’s (FTC) request to temporarily block Microsoft Corp…

Exclusive-Amazon’s cloud unit is considering AMD’s new AI chips

(Reuters) – Amazon (NASDAQ:AMZN) Web Services, the world’s largest cloud computing provider, is considering using new artificial intelligence chips from…

Social media moderators urge German lawmakers to tackle ‘exploitative’ working conditions

(Reuters) – Hundreds of social media moderators in Germany – who remove harmful content from platforms such as Facebook (NASDAQ:META)…

Toyota wins over shareholders at AGM after questions on strategy, governance

(Reuters) – Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual…

Explainer – Why are other automakers chasing Tesla’s ‘Gigacasting’?

(Reuters) – Toyota Motor (NYSE:TM) said this week it will adopt a technology Tesla (NASDAQ:TSLA) pioneered known as “Gigacasting” as…

Tranquility reigns over markets still awash with cash, for now

(Reuters) – Soaring interest rates, slowing economic growth and a banking sector still recovering from a March rout might suggest…

Guggenheim sticks with Netflix as company continues to outperform

Guggenheim reiterated a Buy rating on Netflix (NASDAQ:NFLX) and raised their 12-month price target on the stock to $500.00 (From…

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.08%

Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Cement, Retail and Insurance sectors led…