Japan’s Seven & i expands 7-Eleven empire with purchase of Australian franchise
(Reuters) – Japanese retail conglomerate Seven & i Holdings said on Thursday it has agreed to purchase the 7-Eleven convenience…
Salesforce shares jump as strong cloud demand drives stellar results
(Reuters) – Salesforce (NYSE:CRM) Inc’s stock jumped by about 10% on Thursday to a nearly two-year high after the U.S.…
China Evergrande seeks to avoid liquidation with last-ditch debt plan-sources
(Reuters) – China Evergrande (HK:3333) Group, the world’s most indebted property developer, is seeking to avert a potentially imminent liquidation…
Snowflake, Salesforce, Big Lots rise premarket; Pure Storage falls
U.S. futures traded higher Thursday, ahead of the release of key inflation data which could guide future Federal Reserve interest…
ChatGPT one year on: From viral AI bot to OpenAI’s boardroom battle
(Reuters) – We asked ChatGPT, OpenAI’s viral chatbot, how it felt on its first birthday. This was its reply: “Thank…
US stocks mixed after key PCE inflation data; DJIA soars over 200 points
U.S. stock futures traded in a mixed fashion Thursday, as a largely positive month comes to a close with investors…
Crude rises; Market awaits OPEC+ decision
Oil prices climbed higher Thursday as a group of top producers met to discuss potential further output reductions to support…
Kroger trims annual sales view on choppy grocery demand, lower prices
(Reuters) – Kroger on Thursday cut its annual sales forecast, pinched by moderating food and grocery prices at a time…
Mercedes-Benz teams with BMW to expand EV charging in China
German automaker, Mercedes-Benz disclosed Thursday its successful negotiation with BMW to establish a collaborative partnership to focus on a robust…
Citi veterans embark on new roles amid corporate reshuffle
Two long-serving Citi executives have embarked on new endeavors as the banking giant undergoes a significant corporate reshuffle. Stuart Riley,…