By David Shepardson and Allison Lampert WASHINGTON (Reuters) -The Federal Aviation Administration said on Monday it has opened an investigation…
Investors pull $9.9 billion from hedge funds in March – Nasdaq eVestment
By Nell Mackenzie LONDON (Reuters) – Investors withdrew an estimated net $9.9 billion from hedge funds in March, up from…
Tech platforms make pitch for ad deals as TikTok is roiled by politics
By Sheila Dang (Reuters) – Short-form video took center stage at tech and social media companies’ annual presentations to advertisers,…
Drugmaker Amneal agrees to $270 million U.S. opioid settlement
By Nate Raymond (Reuters) – Amneal Pharmaceuticals said on Friday it had reached a deal valued at more than $270…
Tesla vs Tesla: US carmaker sues Indian namesake for copying trademark
By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) – Elon Musk’s carmaker Tesla has sued an Indian battery maker…
Cboe posts higher profit as market volatility boosts options trading
By Pritam Biswas and Laura Matthews (Reuters) -Cboe Global Markets reported a rise in first-quarter profit on Friday, as strong…
Xi’s trip to Europe may lay bare West’s divisions over China strategy
By Laurie Chen and Michel Rose BEIJING/PARIS (Reuters) -Chinese President Xi Jinping heads to Europe for the first time in…
Qualcomm jumps as AI sparks rebound in Chinese smartphone market
(Reuters) – Qualcomm shares climbed about 10% to a more than two-year high on Thursday after the smartphone-focused chipmaker signaled…
Hugo Boss shares fall on weaker China demand, US uncertainty
By Linda Pasquini (Reuters) -Shares in Hugo Boss slumped nearly 10% on Thursday, hitting their lowest level since 2022 after…
Boeing supplier Spirit AeroSystems sues to block Texas safety probe
By Mike Scarcella (Reuters) – Airline parts manufacturer Spirit AeroSystems has asked a U.S. judge to block a probe by…