Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:49
Tokyo Inflation Speeds Up Again as Japan Production Sputters
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations
2023-06-30 08:20
KKR sweetens Circor offer again in bidding war with Arcline
Circor International said on Thursday that KKR & Co had raised its offer for the industrial machinery maker
2023-06-30 07:59
South Korea May factory output unexpectedly jumps, led by cars and chips
SEOUL (Reuters) -South Korea's factory production unexpectedly jumped in May, led by cars and chips, official data showed on Friday,
2023-06-30 07:50
Wanda Faces Key Payment Test as Bond Setback May Revive Concerns
Dalian Wanda Group Co., one of China’s largest private conglomerates, is set to face its biggest bond-repayment test
2023-06-30 07:24
Western Global Founder Buys Debt in Bid to Keep Airline Afloat
Western Global Airlines LLC founder and Chief Executive Officer Jim Neff bought the cargo airline’s deeply distressed secured
2023-06-30 07:22
JetBlue Joins United in Shifting Blame to FAA for Delays
JetBlue Airways Corp. is raising questions about US air traffic control actions, joining United Airlines Holdings Inc. in
2023-06-30 07:20
Apple Stock Has Another 30% Upside, Citi Says in New Buy Rating
Apple Inc. has room to rally another 30%, according to Citigroup Inc., even after a surge that’s sent
2023-06-30 06:58
Asia Stocks Set for Muted Open After Bond Selloff: Markets Wrap
Asian stocks were set for a mixed open to the last day of the quarter on Friday following
2023-06-30 06:48
Goldman Sachs nominates former BofA executive Montag to join board
NEW YORK Members of Goldman Sachs' board nominated former Bank of America executive Tom Montag to join as
2023-06-30 06:25
Nike Shows Sales Strength; Profit Falls Just Short of Estimates
Nike Inc. fell in late trading after the company’s outlook for the full year failed to win over
2023-06-30 06:23
Brazil Keeps Inflation Goal, Making Room for Rate Cuts
Brazil will keep pursuing a 3% inflation target, a decision that is likely to help the central bank
2023-06-30 06:21