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China’s Z.AI raises $5 billion from new share, convertible bond sales, filing shows
54+ min ago (296+ words) HONG KONG, Sept 13 (Reuters) – Beijing-based artificial intelligence company Z.AI Co Ltd raised a total of $5 billion from a Hong Kong share placement of about $2 billion and a concurrent convertible bond sale of about $3 billion, the company said in a…...
Speculators turn net long on yen for first time since February
8+ hour, 48+ min ago (148+ words) TOKYO, Sept 13 (Reuters) – Speculators turned to a net long position on the yen for the first time since February, data showed late on Friday, a display of growing momentum behind Japan’s beleaguered currency. The yen has surged this month on…...
Swedes vote in election that could usher far right into government
11+ hour, 51+ min ago (584+ words) By Simon Johnson and Niklas Pollard STOCKHOLM, Sept 13 (Reuters) – Swedes vote in an election on Sunday that will either bring a far-right party into government for the first time or shift the country back towards the liberalism it has long…...
Tesla signals Oct 1 launch for long-delayed Roadster
15+ hour, 37+ min ago (186+ words) Sept 12 (Reuters) – Tesla on Saturday posted a countdown on its website pointing to an October 1 launch of the Roadster, nearly a decade after the electric-vehicle maker first revealed a next-generation version of its original sports car. • Tesla posted “Go for…...
Boeing and engineers’ union reach tentative contract agreement
1+ day, 11+ hour ago (66+ words) SEATTLE, Sept 11 (Reuters) - Boeing and its engineering union reached a tentative contract agreement on Friday, union officials said. (Reporting by Dan Catchpole in Seattle; Editing by Tom Hogue)... Boeing and engineers’ union reach tentative contract agreement SEATTLE, Sept 11 (Reuters) – Boeing…...
Apollo Global in talks to acquire J&J’s orthopedics unit, Bloomberg News reports
1+ day, 13+ hour ago (147+ words) Sept 11 (Reuters) – Apollo Global Management is in talks to acquire Johnson & Johnson’s orthopedics unit in a deal that could value it at close to $20 billion, Bloomberg News reported on Friday, citing sources. Several private equity firms are interested to potentially…...
Lula maintains lead over Flavio Bolsonaro ahead of Brazil election, Datafolha poll shows
1+ day, 13+ hour ago (169+ words) SAO PAULO, Sept 11 (Reuters) – Brazilian President Luiz Inacio Lula da Silva maintained the numerical lead over Senator Flavio Bolsonaro in a potential runoff of the October election, a Datafolha poll showed on Friday. • Lula is seen with 46% of the vote…...
Zara owner Inditex looks to US for next phase of growth
2+ day, 5+ hour ago (567+ words) LONDON, Sept 11 (Reuters) – Fast fashion giant Inditex is investing in the United States as a key growth market, CEO Oscar Garcia Maceiras told Reuters, as the Zara owner opens new stores and revamps existing outlets to woo more aspirational shoppers....
Swedish PM-hopeful Andersson preaches unity but needs to heal opposition split
2+ day, 4+ hour ago (423+ words) STOCKHOLM, Sept 11 (Reuters) – Cooperation rather than conflict is the promise Swedish Social Democrat leader Magdalena Andersson is offering voters as she seeks a return to the prime minister’s office in Sunday’s election. A former national level swimmer who colleagues describe…...
Japan to maintain close communication with US on currency markets, Katayama says
2+ day, 9+ hour ago (130+ words) TOKYO, Sept 11 (Reuters) – Japanese Finance Minister Satsuki Katayama said on Friday that the government will continue to closely communicate with the United States to ensure orderly foreign exchange markets. “Our policy stance has not changed at all since Japan and…...