Ticketing marketplace StubHub reveals 30% revenue growth in US IPO filing
(Reuters) -StubHub’s 2024 revenue surged 29.5%, the online ticketing marketplace reported on Friday in its paperwork for its New York…
Exclusive-India’s $23 billion plan to rival China factories to lapse after it disappoints
By Sarita Chaganti Singh and Shivangi Acharya NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi’s government has decided to…
Analysis-Hedge fund dominance latest risk for febrile UK debt markets
By Nell Mackenzie and Naomi Rovnick LONDON (Reuters) -Hedge funds have crowded into debt-fuelled bets on UK government bonds, increasing…
BP sells Apollo $1 billion stake in firm invested in TANAP gas pipeline
By Shadia Nasralla (Reuters) – BP has agreed to sell a stake in a firm invested in the TANAP gas…
French quantum computer firm Pasqal links up with NVIDIA
PARIS (Reuters) – Pasqal, a fast-growing French quantum computer start-up company, announced on Friday a partnership with chip giant Nvidia…
Micron forecasts upbeat quarterly revenue on demand for AI memory chips; shares rise
(Reuters) -Micron Technology forecast third-quarter revenue and posted second-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for…
FedEx cuts full-year results forecast as it struggles to replace USPS contract loss
(Reuters) – FedEx Corp lowered its full-year revenue and profit forecast on Thursday, as the parcel delivery firm seeks new…
Apple losing over $1 billion a year on streaming service, the Information reports
(Reuters) -Apple is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing…
Eli Lilly launches weight-loss drug Mounjaro in India, beats Novo Nordisk to major market
By Rishika Sadam HYDERABAD (Reuters) -Eli Lilly launched its blockbuster diabetes and weight-loss drug Mounjaro in India on Thursday, beating…
US says ‘bridge proposal’ on table for Gaza ceasefire but window ‘closing fast’
By Daphne Psaledakis and Kanishka Singh WASHINGTON (Reuters) – The U.S. State Department said on Wednesday there was still a…