Sony eyes finance unit listing, doubles down on entertainment
(Reuters) – Sony Group Corp on Thursday said it is examining a partial spin-off of its financial business just three…
Ferrovial says no shareholder opted to divest after approval of Dutch move
(Reuters) – Spanish construction giant Ferrovial said on Friday that none of its investors took an option to divest after…
Apple restricts employees’ use of ChatGPT and other AI tools – WSJ
iPhone maker Apple (NASDAQ:AAPL) is restricting the use of ChatGPT and other external artificial intelligence tools for some employees, according to…
US equity funds experience eighth straight week of outflows
(Reuters) – U.S. equity funds saw an eighth straight week of net outflows in the seven days to May 17…
CureVac files expanded patent lawsuit against Pfizer/BioNTech over mRNA technology
(Reuters) – CureVac NV said on Friday it had filed an expanded patent infringement claim against Pfizer Inc (NYSE:PFE) and BioNTech over…
Wall Street set to open higher on hopes of debt ceiling deal
(Reuters) – Wall Street’s main indexes were on track to open higher on Friday on optimism that a deal to…
Catalent cuts annual revenue forecast hurt by operational challenges
(Reuters) – Catalent (NYSE:CTLT) Inc cut its full-year net revenue forecast on Friday, reflecting operational challenges and higher-than-expected costs after…
Nio goes nuclear, invests in fusion technology startup
Chinese electric vehicle maker Nio Inc (NYSE:NIO) has made an investment in Neo Fusion, a company that is developing fusion…
Japan’s Hitachi Astemo flags lapses in quality tests over decades
(Reuters) – Japanese automotive supplier Hitachi (OTC:HTHIY) Astemo said on Friday it found misconduct over testing and other procedures for…
Factbox: Companies sell their businesses in Russia
(Reuters) – Some Western companies have agreed to sell their Russian assets or hand them over to local managers as…