Cigna abandons pursuit of Humana, plans $10 billion share buyback

(Reuters) – U.S. health insurer Cigna (NYSE:CI) has ended its attempt to negotiate an acquisition of rival Humana (NYSE:HUM) after…

Cigna rallies 12% after ending Humana deal talks, approving new $10B buyback

Cigna Group (NYSE:CI) has reportedly abandoned its pursuit of a merger with Humana (NYSE:HUM) after facing shareholder resistance to the…

US plans $35 million award to BAE to boost chip supply for F-35

(Reuters) – The U.S. Commerce Department said Monday it plans to award $35 million to BAE Systems (LON:BAES) to quadruple…

India stocks higher at close of trade; Nifty 50 up 0.13%

India stocks were higher after the close on Monday, as gains in the Metals, Real Estate and Public Sector Undertakings…

Investcorp acquires 50% stake in Corsair Capital’s infrastructure business

(Reuters) – Middle East alternative investment firm Investcorp has acquired a 50% stake in the $4.8 billion infrastructure business of…

Ukraine says no green light for EU membership talks would be ‘devastating’

(Reuters) -Ukrainian Foreign Minister Dmytro Kuleba said on Monday it would be “devastating” for Kyiv and the European Union if…

Boeing to name Stephanie Pope as chief operating officer – WSJ

(Reuters) – Boeing is expected to name company veteran Stephanie Pope as its chief operating officer, setting her up as…

Macy’s investors mount $5.8 billion buyout bid

(Reuters) – An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take…

Exclusive-After US curbs, Tencent and small chip designers chase Nvidia’s China crown

(Reuters) – Chinese chip designers including Tencent Holdings (OTC:TCEHY) are aggressively pitching their AI chips as alternatives to Nvidia (NASDAQ:NVDA)’s,…

Nordic pension funds will ask Tesla to respect collective bargaining in joint letter

(Reuters) – A group of Nordic pension funds will send a joint letter to Tesla (NASDAQ:TSLA) Inc this week, urging…