ByteDance offers investors share buyback, valued at $268 billion-sources
(Reuters) – TikTok owner ByteDance is offering to buy back around $5 billion worth of shares from investors at a…
Nissan, Mitsubishi confirm plans to invest in Renault EV unit Ampere
(Reuters) – Renault’s long-standing alliance partners Nissan (OTC:NSANY) and Mitsubishi confirmed plans to invest in the French car maker’s electric…
Australian fund manager Perpetual rejects $2 billion bid from top investor
(Reuters) – Australian fund manager Perpetual on Wednesday rejected a A$3.1 billion ($2 billion) takeover offer from its largest shareholder,…
Twitch to shut down in South Korea due to high costs
(Reuters) – Amazon (NASDAQ:AMZN)’s streaming unit Twitch on Tuesday said it will shut down operations in South Korea in February…
JetBlue, at trial’s end, urges judge to allow Spirit Airlines merger
(Reuters) – A lawyer for JetBlue Airways (NASDAQ:JBLU) on Tuesday urged a federal judge to allow it to proceed with…
Israel stocks higher at close of trade; TA 35 up 0.96%
Israel stocks were higher after the close on Tuesday, as gains in the Real Estate, Biomed and Communication sectors led…
Amazon latest to criticise Microsoft in UK cloud market probe
(Reuters) – Amazon (NASDAQ:AMZN) has told the UK’s antitrust authority its rival Microsoft (NASDAQ:MSFT) uses business practices that restrict customer…
Ford commercial unit, Xcel Energy partner up to install 30,000 EV charging ports
(Reuters) – Ford (NYSE:F)’s commercial unit will collaborate with utility firm Xcel Energy (NASDAQ:XEL) to install 30,000 electric vehicle (EV)…
Wells Fargo CEO expects severance expenses to exceed $750 million
(Reuters) – Wells Fargo CEO Charlie Scharf told investors on Tuesday he expects to book higher-than-anticipated severance expenses between $750…
Gold prices steady above $2,000 after volatile record highs
Gold prices rose slightly in Asian trade on Tuesday, steadying after racing to record highs earlier in the week as…