Category Archives:
Former Latham M&A co-chair Gerstein joins PJT Partners
By Anirban Sen NEW YORK (Reuters) - Mark Gerstein, a veteran dealmaker who stepped down from law firm Latham & Watkins in December, has joined PJT Partners Inc, the investment bank led by Paul Taubman...
Apr 18, 2023
WhatsApp and other messaging apps oppose UK’s move on encryption
LONDON (Reuters) - WhatsApp and other messaging services have united to oppose Britain's plan to force tech companies to break end-to-end encryption in private messages in its proposed internet safety...
Apr 18, 2023
Futures gain as investors cheer resilient earnings
By Sruthi Shankar and Ankika Biswas (Reuters) - U.S. stock index futures climbed on Tuesday as Bank of America and Johnson & Johnson reported upbeat earnings, while signs of uneven economic recovery i...
Apr 18, 2023
AstraZeneca confident new COVID antibody protects against known variants
By Maggie Fick BARCELONA (Reuters) - AstraZeneca is confident that its new version of COVID-19 antibody treatment could protect immunocompromised patients against all known virus variants, its vaccine...
Apr 18, 2023
Factbox-Governments’ efforts to regulate AI tools
(Reuters) - Italy's data protection watchdog is ready to reactivate ChatGPT artificial intelligence (AI) technology on April 30 if its maker OpenAI takes "useful steps" to address concerns over privac...
Apr 18, 2023
Bollore in exclusive talks with CMA CGM over sale of Bollore Logistics
PARIS (Reuters) -French conglomerate Bollore said on Tuesday it had entered into exclusive negotiations with French transport and shipping group CMA CGM to sell its logistics unit. In a statement, the...
Apr 18, 2023
Goldman Sachs profit falls in first quarter as dealmaking sputters
(Reuters) -Goldman Sachs Group Inc's first-quarter profit fell 19% as sluggish dealmaking eroded the Wall Street giant's fees from investment banking, while losses from the sale of some loans from its...
Apr 18, 2023
Volkswagen to launch 1-billion euro electric vehicle R&D, procurement centre in China
BERLIN/SHANGHAI (Reuters) - Volkswagen is investing around 1 billion euros ($1.10 billion) in a new development and procurement centre for electric vehicles in Hefei, China, the company said on Tuesda...
Apr 18, 2023
Lockheed Martin results beat estimates on higher defense demand
By Mike Stone and Shivansh Tiwary (Reuters) - U.S. weapons maker Lockheed Martin Corp's first-quarter results surpassed Wall Street targets on Tuesday despite parts and labor shortages, as simmering g...
Apr 18, 2023
Romania’s Social Democrat party seeks Ukrainian grain import ban
BUCHAREST (Reuters) - Romania's ruling Social Democrat Party (PSD) said it will ask the coalition government to impose a temporary ban on Ukrainian grain imports, mirroring moves by other central and ...
Apr 18, 2023
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