Deals
Reuters was first to report[1] that Choice Hotels International (CHH.N) is preparing to nominate directors to the board of rival Wyndham Hotels & Resorts (WH.N), seeking to break a stalemate in an $8 billion takeover battle.
Choice has
Human Interest
Reuters was first to report[1] that Barclays (BARC.L) is working on plans to save up to 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in the British bank’s back office.
Technology
Reuters was first to report[1] that Nvidia (NVDA.O) has told customers in China it is delaying the launch of a new artificial intelligence chip it designed to comply with U.S. export rules until the first quarter of next year.
EconomyTechnology
Reuters exclusively reported[1] that Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O). Antitrust enforcers around the world have stepped up scrutiny of Big
Technology
Reuters exclusively reported[1] a key development ahead of OpenAI CEO Sam Altman’s abrupt firing involving a key AI breakthrough. The news of researchers writing a letter the board of directors warning of the development that could be a step
Automotive
Reuters was first to report[1] that as EV makers in China wage an intense price war to prop up slowing demand, Chinese brands with strong hybrid lineups are emerging as winners, attracting consumers with vehicles with long range that can cost
Business & Finance
Reuters exclusively reported[1] that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with