Category : Reuters

Category : Reuters - Business

Reuters reveals JetBlue, Spirit near takeover deal

Deals28 July 2022, 2:33 am. 1 minuteBy Reuters News Agency Reuters was first to report that Frontier Group’s $2.7 billion acquisition of Spirit Airlines would collapse after the latter let it go to a shareholder vote tha...

Reuters reveals U.S. opens criminal probe into Cassava Sciences over Alzheimer’s research; shares drop

Business & Finance27 July 2022, 7:12 pm. 1 minuteBy Reuters News Agency Reuters exclusively reported that the U.S. Justice Department has opened a criminal investigation into Cassava Sciences involving whether the bi...

Reuters reveals former Republicans and Democrats form new third U.S. political party

Reuters exclusively reported dozens of former Republican and Democratic officials announced a new national political third party yesterday to appeal to millions of voters they say are dismayed with what they see as America’s dysfuncti...

Reuters reveals business payments firm Billtrust up for sale

Business & Finance27 July 2022, 5:47 pm. 1 minuteBy Reuters News Agency Reuters exclusively reported BTRS Holdings Inc, the owner of business payments vendor Billtrust, is exploring options that include a potential s...

Reuters reveals from the Maldives to Venezuela: how Iran gets oil to an ally

Energy26 July 2022, 8:28 pm. 1 minuteBy Reuters News Agency Reuters exclusively reported how, from the Maldives to Venezuela, Iran gets oil to an ally despite U.S. sanctions. The widening energy cooperation, which includ...

Reuters reveals Russia’s Gazprom tightens squeeze on gas flow to Europe; shares fall

Energy26 July 2022, 7:13 pm. 1 minuteBy Reuters News Agency Reuters was first to report that Russian energy giant Gazprom had halted the operation of a turbine on the Nord Stream 1 pipeline, one of the primary transit ro...

Reuters reveals Czech finance ministry proposes beefed-up CEZ dividend

Business & Finance20 July 2022, 6:35 pm. 1 minuteBy Reuters News Agency Reuters exclusively reported that the Czech Finance Ministry has proposed that state-controlled utility CEZ pay a dividend of 48 crowns per shar...

Reuters reveals euro breaks parity against U.S. dollar for the first time in 2 decades

Economy13 July 2022, 7:26 pm. 1 minuteBy Reuters News Agency Reuters was first to report the breaking news of the euro’s parity against the U.S. dollar, a level not seen in two decades. The euro started this year on a st...

Reuters reveals Tesla supplier Panasonic eyes 20% jump in battery density by 2030

Automotive13 July 2022, 3:29 pm. 1 minuteBy Reuters News Agency Reuters exclusively reported Panasonic Energy Co, a major Tesla supplier, is working on new technology to increase battery energy density by a fifth by 2030...

Reuters reveals Spain’s Repsol in talks to sell 25% of oil and gas unit to EIG

Energy07 July 2022, 3:22 pm. 1 minuteBy Reuters News Agency Reuters exclusively reported that EIG is in early discussions with Repsol to buy a slice of the Spanish company’s oil and gas exploration and production busines...

Reuters reveals that Elon Musk wants to cut 10% of Tesla jobs

Automotive03 July 2022, 6:48 am. 1 minuteBy Reuters News Agency Reuters was first to report that Elon Musk plans to cut 10% of staff and freeze hiring, citing a “super bad” feeling about the economy. The internal email,...

Reuters reveals Baidu in talks to sell majority stake in iQIYI, China’s answer to Netflix

Deals15 June 2022, 5:44 pm. 1 minuteBy Reuters News Agency Reuters was first to report that China’s internet search engine giant Baidu is in talks to sell its controlling stake in iQIYI, China’s answer to Netflix, in a d...

Reuters reveals Czechs discuss more euro debt as issuance toolkit expands

Economy31 May 2022, 5:22 pm. 1 minuteBy Reuters News Agency Reuters exclusively reported that the Czech treasury is looking at adding a new euro-denominated bond this year and issuing treasury bills in euros for the firs...

Reuters exclusive reveals that two senior Grab executives have quit as company rejigs unit to stem losses

Business & Finance25 May 2022, 8:43 am. 1 minuteBy Reuters News Agency Shares in Nasdaq-listed Grab Holdings fell 5% yesterday after Reuters exclusively reported that two top executives at the Southeast Asian ride-ha...

Reuters reveals Malaysia’s biggest telcos seek majority stake in 5G agency

Business & Finance19 May 2022, 8:38 pm. 1 minuteBy Reuters News Agency Reuters revealed that Malaysia’s four largest telecommunications firms are seeking a majority stake in a state 5G agency, countering a proposal b...