Elliott wants BP to boost free cash flow to $20 billion by 2027, source says
By Shadia Nasralla (Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion…
April 2025
Sam Altman stepping down as Oklo chairman, CNBC reports
(Reuters) -OpenAI CEO Sam Altman is stepping down as the chairman of nuclear startup Oklo, CNBC reported on Tuesday, sending…
Factbox-Major cases involving Trump before the US Supreme Court
(Reuters) – The U.S. Supreme Court has acted in a series of cases involving challenges to executive orders signed by…
Baker Tilly and Moss Adams set to merge in $7 billion deal, WSJ reports
(Reuters) – Accounting firms Baker Tilly and Moss Adams have agreed to merge in a $7 billion deal, making it…
China retreats from US private equity investments, FT reports
(Reuters) -China’s state-backed funds are pulling back from investing in the funds of U.S.-headquartered private capital firms amid an escalating…
Hedge funds cut ‘Mag Seven’ to two-year low ahead of earnings
By Carolina Mandl NEW YORK (Reuters) -Global hedge funds last week dumped the so-called Magnificent Seven megacap stocks, bringing their…
China planemaker COMAC starts commercial operation in Vietnam
SHANGHAI ((Reuters)) – Two Chinese-made COMAC aircraft, branded as C909, started flying routes in Vietnam on Saturday, Commercial Aircraft Corporation…
DHL to suspend global shipments of over $800 to US consumers
BEIJING (Reuters) -DHL Express, a division of Germany’s Deutsche Post, said it would suspend global business-to-consumer shipments worth over $800…
Exclusive-Tesla to delay US launch of affordable EV, a lower-cost Model Y, sources say
By Abhirup Roy, Aditi Shah, Hyunjoo Jin SAN FRANCISCO/NEW DELHI/SEOUL (Reuters) -Tesla’s long-awaited plans for an affordable car include a…
Nvidia CEO stresses importance of China market in Beijing visit, Chinese state media reports
BEIJING (Reuters) – Nvidia CEO Jensen Huang said on Thursday that China was a very important market for Nvidia after…