Category Archives: (Sandbox Syndication Account) Business News (Master Feed)

(Reuters) -Agricultural machinery maker AGCO Corp said on Thursday it would acquire an 85% stake in GPS navigation products maker Trimble's agribusiness for $2.0 billion in cash. Shares of Trimble, wh...

(Reuters) - Micron Technology's first-quarter loss forecast has triggered concerns of a sluggish recovery in the memory chip maker's end-markets such as data centers, sending its shares down about 5% ...

By Gwladys Fouche OSLO (Reuters) - Norway's data regulator will refer the fine it has imposed on Meta Platforms to the European data authority, it said on Thursday, a move that could make the fine per...

SHANGHAI (Reuters) - Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two p...

(Reuters) - CarMax on Thursday posted a lower quarterly profit amid tepid demand for preowned vehicles. Used-vehicle demand, which was strong during the pandemic, has tapered off from those levels as ...

By Brian Benza GABORONE (Reuters) - Canada's Lucara Diamond said on Thursday it had ended its gem sales agreement with HB Trading BV, a unit of HB Antwerp, in a move that could affect a deal between t...

A look at the day ahead in U.S. and global markets by Mike Dolan A crude oil price spike to the highest of the year delivered a final blow to an ailing third-quarter for world markets and left forlorn...

(Reuters) -GameStop on Thursday named Ryan Cohen as its CEO and chairman, giving the billionaire activist investor more power to spearhead a turnaround of the video game retailer. Cohen will relinquis...

(Corrects time of Jerome Powell's remarks to 4 p.m. ET in paragraph 11) (Reuters) -U.S. stock index futures slipped on Thursday as soaring oil prices cemented the prospects for a prolonged restrictive...

By Luc Cohen NEW YORK (Reuters) - In 2018, a bespectacled Stanford graduate named Caroline Ellison decided to leave her job on Wall Street to join a startup cryptocurrency hedge fund called Alameda Re...