Chinese industrial profit rises in 2025, first time in four years
Industrial profit rises 0.6% on year, first increase since 2021 Government call to end price wars eased earnings…
JPMorgan buys UK pensions technology firm WealthOS, memo shows
Jan 22 (Reuters) – U.S. banking giant JPMorgan Chase (JPM.N), opens new tab has closed a deal to…
Danish pension fund to divest its U.S. Treasuries
COPENHAGEN, Jan 20 (Reuters) – Danish pension fund AkademikerPension said on Tuesday it would sell off its holding…
Fitness tracking app Strava confidentially files for IPO, Information reports
Jan 8 (Reuters) – Fitness tracking app Strava has confidentially filed for an initial public offering in recent…
US FTC wins ruling blocking Edwards Lifesciences’ acquisition of JenaValve
Jan 9 (Reuters) – The U.S. Federal Trade Commission won a ruling on Friday blocking Edwards Lifesciences’ (EW.N),…
TPG in talks to buy UnitedHealth’s Optum UK unit, Sky News reports
Jan 6 (Reuters) – U.S. private equity firm TPG (TPG.O), opens new tab is close to acquiring UnitedHealth’s…
Comcast’s TV spin hands Paramount more ammunition in its Warner Bros campaign
LOS ANGELES, Jan 7 (Reuters) – Paramount Skydance (PSKY.O), opens new tab gained fresh ammunition in its campaign…
L3Harris sells 60% stake in space propulsion business for $845 million
Jan 5 (Reuters) – L3Harris Technologies (LHX.N), opens new tab said on Monday it will sell an about…
Exclusive: L3Harris nears space propulsion asset stake sale to AE Industrial, sources say
Deal aligns with AE Industrial’s space technology consolidation strategy L3Harris retains 40% stake, AE Industrial expected to pay…
Baidu’s AI chip arm Kunlunxin files confidentially for Hong Kong listing
Jan 2 (Reuters) – Chinese internet search giant Baidu (9888.HK), opens new tab said on Friday its AI…
US draws bulk of state-owned investment in 2025 as assets hit record $60 trillion
US receives 48% of state-owned investments (SOI) in 2025 Gulf countries have pledged billions to US investments SOI…
China’s LandSpace targets $1 billion IPO in reusable rocket tech push
BEIJING, Dec 31 (Reuters) – China’s rocket startup LandSpace plans to raise 7.5 billion yuan ($1.07 billion) in…