By Noel Randewich and Twesha Dikshit (Reuters) -Wall Street’s main indexes were mixed on Wednesday, with the Dow notching a…
Polestar’s losses widen, aims to keep Nasdaq listing with reverse stock split
By Marie Mannes and Zaheer Kachwala (Reuters) -Polestar reported a wider third-quarter loss on Wednesday and said it would conduct…
Fed to cut rates again in December on weakening job market, say most economists: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) -The U.S. Federal Reserve will again lower its key interest rate by 25 basis points…
SoftBank shares slide as Nvidia stake sale highlights AI funding needs
By Anton Bridge TOKYO (Reuters) -SoftBank’s shares slid as much as 10% on Wednesday after the $5.8 billion sale of…
Analysis-Novo Nordisk CEO signals new appetite for risk in obesity deals
By Sabrina Valle and Maggie Fick NEW YORK/LONDON (Reuters) -When Novo Nordisk CEO Mike Doustdar learned in late September that…
Exclusive-US sold sniper rifles to Brazil police unit tied to deadly raid
By Gram Slattery and Fabio Teixeira WASHINGTON (Reuters) -The U.S. government approved a sale of sniper rifles to a deadly…
Analysis-BBC crisis exposes fractures at renowned British institution
By Kate Holton, Paul Sandle and Sam Tabahriti LONDON (Reuters) -Top-level resignations from the BBC over the editing of a…
Analysis-Dividends or brands: New Diageo CEO faces cost-cutting dilemma in tackling debt problem
By Yadarisa Shabong (Reuters) -Diageo’s incoming CEO Dave Lewis, known in financial circles as “Drastic Dave” for his sweeping turnaround…
Australia’s CBA posts slight Q1 profit rise as volume growth offsets margin squeeze
(Reuters) -Commonwealth Bank of Australia reported a marginal rise in first-quarter cash profit on Tuesday, with resilient lending and deposit…
Exclusive-C3 AI weighs sale after founder-CEO Siebel steps aside, sources say
By Milana Vinn (Reuters) -Enterprise artificial intelligence software provider C3 AI is exploring a potential sale, among other options, after…