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GE Healthcare exploring stake sale in China unit, Bloomberg News reports
Reuters· 2025-09-18 11:43
Medical device maker GE Healthcare is working with advisers to explore options including the sale of a stake in its China unit, Bloomberg News reported on Thursday, citing people familiar with the mat... ...
Nestle's new chairman Isla brings Zara magic to Nescafe maker's turnaround
Reuters· 2025-09-18 11:40
Nestle's new chairman Pablo Isla, who helped to turn Zara owner Inditex into a world-leading fast-fashion retailer, can use his expertise in logistics, e-commerce, and consumer trends to try to revitalise the Swiss food company. ...
Exxon Mobil has 'no plans' to re-enter Russia, Financial Times reports
Reuters· 2025-09-18 11:28
U.S. oil major Exxon Mobil has no plans to resume operations in Russia, Chief Executive Darren Woods told the Financial Times in an interview on Thursday. ...
AmEx upgrades Platinum cards with $3,500 annual perks, hikes fee by $200
Reuters· 2025-09-18 11:24
American Express unveiled long-awaited upgrades to its U.S. Platinum cards on Thursday, adding new perks worth over $3,500 annually while raising the annual fee by $200. ...
Small US defense stocks soar on rush for next-gen battlefield tech
Reuters· 2025-09-18 11:19
Smaller U.S. defense firms have emerged as standout performers on Wall Street this year, fueled by surging demand for low-cost, next-generation military tech tailored for modern warfare and the Pentagon's pivot toward agile and adaptable combat systems. ...
Nvidia bets big on Intel with $5 billion stake and chip partnership
Reuters· 2025-09-18 11:03
Nvidia on Thursday said it will invest $5 billion in Intel , throwing its heft behind the struggling U.S. chip foundry, but stopped short of giving Intel a crucial manufacturing deal. ...
Meta in talks with Axel Springer, Fox and others on AI news licensing, WSJ reports
Reuters· 2025-09-18 10:53
Meta Platforms has been in talks in recent months with media firms including Axel Springer, Fox Corp and News Corp to license news content for integration into its AI products, the Wall Street Journal... ...
Novo Nordisk shares rise 5% on upbeat analyst reaction to diabetes conference
Reuters· 2025-09-18 10:13
Core Viewpoint - Novo Nordisk shares experienced a 5% increase following favorable analyst feedback from an investor meeting at the European Association for the Study of Diabetes conference [1] Company Summary - The positive reaction from analysts indicates strong investor confidence in Novo Nordisk's future prospects [1] - The investor meeting was held in conjunction with a significant diabetes conference, highlighting the company's commitment to addressing diabetes-related health issues [1]
Automakers have resisted raising car prices because of tariffs. That might not last.
Reuters· 2025-09-18 10:06
Core Insights - Automakers have been facing significant financial pressure due to the tariffs imposed by U.S. President Donald Trump since April, leading to billions in added expenses [1] Industry Impact - The tariffs have not yet resulted in increased prices for American car shoppers, indicating that automakers are absorbing the costs rather than passing them on to consumers [1]