Wayfair’s sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the start of the year, the […]
Sabadell shares rise further on BBVA merger proposal, but well below premium
Shares in Spanish bank Sabadell rose around 5% on Thursday, adding to gains since bigger rival BBVA announced a merger proposal this week, but still far off the […]
Fired SocGen trader hits back at bosses for unauthorised bets
One of the Societe Generale traders let go by the French bank late last year after it uncovered a series of unauthorised bets has criticised his former bosses, […]
Adding AI to Artificial Pancreas Enhances Efficiency, Study Finds
Boris Kovatchev, PhD, is director of the UVA Center for Diabetes Technology. Adding advanced artificial intelligence to an artificial pancreas regulating type 1 diabetes is safe and improves […]
Thomson Reuters Reports First-Quarter 2024 Results
Acquisitions In first quarter of 2024, the company acquired 99.58% of Pagero Group AB (Pagero) for $767 million. Pagero is a global leader in e-invoicing and indirect tax […]
IBM Expands Software Availability to 92 Countries in AWS Marketplace
ARMONK, N.Y., May 2, 2024 /PRNewswire/ — IBM (NYSE: IBM) today announced that the availability of its software portfolio is expanding globally to 92 countries in AWS Marketplace, […]
Janus Henderson buys National Bank of Kuwait's alternative investment business in Mideast foray
Global asset manager Janus Henderson plans to buy National Bank of Kuwait’s alternative investments business in a deal that is expected to strengthen its position in emerging markets […]
Indonesia’s rice import surge, ban on Indian exports: what lies ahead for rice markets?
For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Subscribe Now The rice markets in Asia […]
Rupee wipes off losses, appreciates to 278.31/$
KARACHI: Pakistani currency on Tuesday appreciated Rs0.09 and reached Rs278.31 against the US dollar in the inter-bank market after the International Monetary Fund (IMF) executive board gave final […]
Shell exits China power market businesses
Shell has exited China’s power markets as part of CEO Wael Sawan’s drive to focus on more profitable operations including its natural gas and oil businesses.