Reuters
Search documents
Exclusive: Google faces EU fine next year for favouring own services, sources say
Reuters· 2025-12-11 17:59
Alphabet's Google is expected to be fined by EU antitrust regulators next year for not doing enough to comply with EU rules against favouring its own services and products in search results, people fa... ...
Exclusive: Apollo explores $3 billion-plus exit of membership club operator Invited, sources say
Reuters· 2025-12-11 17:39
Core Viewpoint - Apollo Global Management is considering various options for Invited, including a potential sale or initial public offering, which could value the company at over $3 billion [1] Group 1 - The exploration of options for Invited indicates a strategic move by Apollo Global Management to maximize the value of its investment [1] - The valuation of more than $3 billion suggests strong market interest and potential growth in the golf and membership club sector [1]
US FDA approves GSK's oral treatment for gonorrhea
Reuters· 2025-12-11 17:35
Group 1 - The U.S. Food and Drug Administration has approved GSK's oral treatment for gonorrhea, a sexually transmitted infection [1]
Democratic Senator Warren criticizes Trump's Fed picks as lacking independence
Reuters· 2025-12-11 17:25
Democratic Senator Elizabeth Warren labeled President Donald Trump's top contenders to lead the Federal Reserve "sock puppets" on Thursday, singling out Kevin Hassett as someone who would not be able to maintain the U.S. central bank's independence. ...
Rivian debuts custom self-driving chip, $2,500 driver-assistance package
Reuters· 2025-12-11 17:23
Rivian Automotive on Thursday unveiled its first custom computer chip for self-driving and a new paid driver-assistance package called Autonomy+, as the electric-vehicle maker leans on artificial inte... ...
Generali to drop asset management plans with BPCE within hours, source says
Reuters· 2025-12-11 16:25
Core Viewpoint - Italy's largest insurer, Generali, is expected to announce the cancellation of its plans to merge its asset management business with BPCE's Natixis shortly [1] Company Summary - Generali is Italy's biggest insurer and is currently involved in discussions regarding its asset management business [1] - The merger with BPCE's Natixis was anticipated but is now expected to be dropped [1]
Foreign entities should have no rights on Italy's gold reserves, Meloni's party says
Reuters· 2025-12-11 16:16
Foreign shareholders of Italy's central bank should not be able to claim rights over the country's gold reserves, Prime Minister Giorgia Meloni's nationalist party said in an internal document, amid a... ...
Shell prepares to launch new drilling campaign offshore Namibia
Reuters· 2025-12-11 16:13
Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia's national oil company Namcor. ...
Major automakers say China poses 'clear and present threat' to U.S. auto industry
Reuters· 2025-12-11 15:25
Core Viewpoint - Major automakers are urging the U.S. government to block Chinese government-backed automakers and battery manufacturers from establishing manufacturing plants in the United States, citing potential threats to national security and competition in the automotive industry [1] Group 1: Industry Concerns - The automotive industry is concerned about the implications of allowing Chinese-backed companies to enter the U.S. market, which could lead to increased competition and potential job losses [1] - Automakers warn that the entry of these companies could undermine the domestic manufacturing base and hinder innovation within the U.S. automotive sector [1] Group 2: Government Action - Major automakers are calling for immediate action from Washington to prevent the establishment of manufacturing plants by these foreign entities [1] - The request highlights the need for regulatory measures to protect the interests of U.S. manufacturers and ensure fair competition [1]
J.P. Morgan harnesses blockchain for debt issuance amid digital asset adoption boost
Reuters· 2025-12-11 15:02
J.P. Morgan said on Thursday that it issued a U.S. commercial paper for Galaxy Digital Holdings on the Solana blockchain, marking an important step in the broader institutional adoption of digital ass... ...