Tencent beats estimates with gaming and advertising uplift
SHANGHAI (REUTERS) – Chinese gaming and social media giant Tencent Holdings beat forecasts with a 29 per cent jump in second-quarter profit, helped [...]
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Casino's e-commerce arm plans share issue to raise 300 million euros
PARIS (Reuters) – Cnova NV, the e-commerce arm of French retailer Casino, plans to raise around 300 million euros ($367 million) in a [...]
China's antitrust regulator bulking up as crackdown on behemoths widens
BEIJING/HONG KONG (REUTERS) China’s competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behaviour, [...]
Birx says COVID death toll in U.S. would have been mitigated with earlier action
WASHINGTON (Reuters) – Dr. Deborah Birx, who coordinated the White House coronavirus task force under President Donald Trump, believes the COVID-19 death toll [...]
Brazil's Patria to launch $250 million SPAC
SAO PAULO (Reuters) – A special purpose acquisition company (SPAC) backed by Brazilian asset manager Patria Investments Ltd plans to raise $250 million [...]
Blucora urges investors to reject Ancora's directors, plans
BOSTON (Reuters) – Financial services firm Blucora Inc is urging shareholders to back its board and block a dissident investor’s effort to seat [...]
Happy birthday Ken! Barbie's beau turns 60
NEW YORK (Reuters) – Ken, fashion doll Barbie’s long-term companion, turned 60 on Thursday, celebrating the milestone birthday with a return to his [...]
Americans seek compensation for failed COVID-19 treatments from U.S. fund
In March of last year, Steve Cicala took his wife, Susan, to the emergency room at Clara Maass Medical Center in New Jersey [...]
Billionaire philanthropist MacKenzie Scott remarries
(Reuters) – MacKenzie Scott, the billionaire philanthropist and the former wife of Amazon.com Inc founder Jeff Bezos, has remarried. The marriage to Dan [...]
Texas electricity regulator cuts some emergency fees tied to winter storm
HOUSTON (Reuters) – The Texas electricity regulator on Wednesday ordered cuts to emergency fees paid to generators amid a financial crisis in its [...]