By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve appears likely to take a step on Wednesday to nudge cash off its balance sheet as it enters a…
Oman’s Investment Authority acquires stake in Elon Musk’s XAI company, state news says
DUBAI (Reuters) – The Oman Investment Authority (OIA) has acquired a stake in the artificial intelligence company XAI owned by Elon Musk, Omani state news agency said on Wednesday. OIA,…
Investing.com — European markets traded in mixed fashion on Wednesday as investors await key developments from the U.S. Federal Reserve. As of 3:13 ET (8:13 GMT), Germany’s DAX index was…
Investing.com — Foxconn (SS:601138), a Taiwanese contract manufacturing behemoth primarily recognized for assembling Apple (NASDAQ:AAPL) products, is reportedly considering the acquisition of Japanese automaker Nissan (OTC:NSANY) as part of its…
Investing.com — The European Medicines Agency (EMA), the European Union’s drug regulator, has announced a review of two scientific studies that suggest a connection between Novo Nordisk (NYSE:NVO)’s popular diabetes…
(Reuters) -Birkenstock beat market expectations for fourth-quarter revenue on Wednesday, helped by robust full-price sales of the German footwear maker’s pricey sandals in the United States and Asia. With fresh…
Renault open in principle to Nissan pursuing merger talks with Honda, sources say
(Reuters) -French automaker Renault (EPA:RENA), Nissan (OTC:NSANY) Motor’s largest shareholder, is open in principle to the Japanese automaker pursuing merger talks with peer Honda (NYSE:HMC) Motor, two people familiar with…
Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to comprise 50% of the company’s US advertising revenue in the near future, as per Emarketer’s estimates. This prediction underscores Instagram’s…
Investing.com — Siemens AG (OTC:SIEGY) intends to sell a $2.6 billion stake in Siemens Energy AG (ETR:ENR1n) in the forthcoming months. The sale is part of the company’s strategy to…
Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to soon constitute half of the firm’s advertising revenue in the United States, according to research firm Emarketer’s estimates. Instagram has…