Nestle beats quarterly sales estimates with price hikes
(Reuters) -Nestle reported slightly better-than-expected first-quarter sales on Tuesday, as the world’s biggest packaged food company increased prices to offset…
Netflix to invest $2.5 billion in South Korea to make TV shows, movies
(Reuters) -Netflix Inc said on Tuesday it will invest $2.5 billion in South Korea over the next four years to…
GM, Samsung SDI to soon unveil plans for EV battery plant in US, sources say
(Reuters) -General Motors Co and Samsung (KS:005930) SDI are set to announce as early as Tuesday the plan to build…
ABB dispels industrial gloom to raise full-year outlook
(Reuters) -ABB Ltd raised its full-year outlook for sales and profit outlook on Tuesday after the Swiss engineering and technology…
Novartis, helped by cost cuts, raises full-year outlook
(Reuters) -Novartis on Tuesday raised its full-year earnings outlook after cutting costs, a breast cancer drug trial success and progress…
Hyundai Motor bolsters US presence with $5 billion EV battery venture
(Reuters) -South Korea’s Hyundai Motor Co said on Tuesday it had finalised a $5 billion electric vehicle (EV) battery joint…
U.S. Supreme Court to decide if public officials can block critics on social media
(Reuters) – The U.S. Supreme Court, exploring free speech rights in the social media era, on Monday agreed to consider…
Getty Images surges on offer to be acquired by Trillium Capital for $4 billion
Activist investor Trillium Capital announced today that it has made a bid to acquire Getty Images (NYSE:GETY) for $10 per…
Super Micro Computer tumbles after cutting Q3 revenue forecast
Super Micro Computer (NASDAQ:SMCI) shares plunged premarket Monday after the company slashed its third-quarter revenue guidance due to new component shortages.…
Mobileye share lockup expires today
Mobileye’s (NASDAQ:MBLY) post-IPO share lockup period expires today, enabling the company’s earliest investors to sell shares for the first time…