Reuters
Search documents
Beta Technologies valued at $7.4 billion as shares open flat in NYSE debut
Reuters· 2025-11-04 18:58
Electric aircraft maker Beta Technologies was valued at $7.44 billion after its shares opened flat in their New York Stock Exchange debut on Tuesday, signaling investor caution over a prolonged U.S. g... ...
IBM to cut thousands of roles in focus on software growth, Bloomberg News reports
Reuters· 2025-11-04 18:55
IBM will cut thousands of roles this quarter while it continues to shift the focus of its business to higher-growth software and services, Bloomberg News reported on Tuesday. ...
Unilever expects to complete Magnum ice cream spin-off by December 6
Reuters· 2025-11-04 18:46
Consumer goods group Unilever said on Tuesday it expects to complete the spin-off of its Magnum Ice Cream unit, after a delay because of the U.S. government shutdown, by December 6. ...
Exclusive: Apollo withdraws bid to take pizza chain Papa John's private at $64 a share, sources say
Reuters· 2025-11-04 18:43
Core Viewpoint - Apollo Global has withdrawn its offer to acquire pizza chain Papa John's at a price of $64 per share, indicating potential challenges in the deal and market conditions ahead [1] Company Summary - Apollo Global's decision to withdraw the offer suggests a reassessment of the investment opportunity in Papa John's, reflecting broader market uncertainties [1] - The withdrawal may impact Papa John's stock performance and investor sentiment, as the company was previously seen as a target for private equity acquisition [1] Industry Summary - The pizza industry, represented by companies like Papa John's, may face increased scrutiny and volatility as investors react to changing market dynamics and potential economic challenges [1] - The withdrawal of the acquisition offer could signal a cautious approach from private equity firms in the current economic climate, affecting future M&A activity within the food service sector [1]
Meta rejects French rights watchdog's ruling against algorithm
Reuters· 2025-11-04 18:00
Meta Platforms on Tuesday rejected a ruling by the French rights watchdog against its algorithm after allegations of discriminatory job advertisements on its social network Facebook. ...
American Airlines to trim some management, support staff roles
Reuters· 2025-11-04 17:57
American Airlines said on Tuesday it was eliminating a "small number" of management and support staff positions as part of a workforce adjustment. ...
Apple to enter low-cost laptop market with budget Mac, Bloomberg News reports
Reuters· 2025-11-04 17:52
Core Viewpoint - Apple is set to enter the low-cost laptop market by launching a budget Mac in the first half of next year [1] Group 1 - The budget Mac will mark Apple's first foray into the low-cost laptop segment [1]
Jeffrey Epstein had accounts with Goldman Sachs and HSBC, documents show
Reuters· 2025-11-04 17:20
Jeffrey Epstein, the disgraced late financier and sex offender, had accounts at Goldman Sachs , HSBC and other banks, new court filings show. ...
MMG's Anglo American deal may divert nickel from Europe, EU warns
Reuters· 2025-11-04 17:11
Hong Kong-listed mining and metals company MMG's plan to buy Anglo American's Brazilian nickel business could enable MMG to divert ferronickel from Europe and hurt European stainless steel production, EU antitrust regulators said on Tuesday. ...
Some UBS capital rules should be softened, lawmakers tell Swiss government
Reuters· 2025-11-04 16:57
Core Viewpoint - A Swiss parliamentary committee has stated that capital requirements for UBS should not exceed those in other major financial centers, indicating increased pressure on the government to reconsider proposed regulations [1] Group 1 - The Swiss parliamentary committee's stance reflects a growing concern regarding the competitive positioning of UBS in the global financial landscape [1] - The committee's recommendation aims to ensure that UBS remains on par with its peers in other financial hubs, potentially influencing future regulatory frameworks [1] - This development may lead to a reassessment of the proposed capital requirements, which could have significant implications for UBS's operational strategy and financial health [1]