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Videogame publisher EA's $55-billion buyout turns spotlight on gaming IP diversification
Reuters· 2025-10-02 19:19
Electronic Arts' record $55-billion leveraged buyout by Saudi Arabia's sovereign wealth fund and two other firms marks a turning point in the videogame industry, as companies look to capitalize on int... ...
Occidental to sell OxyChem unit to Berkshire for $9.7 billion
Reuters· 2025-10-02 19:04
Occidental Petroleum said on Thursday it would sell its petrochemical division to Warren Buffett's Berkshire Hathaway for $9.7 billion, as the U.S. oil and gas producer looks to pare debt. ...
Dutch court orders Meta to change Facebook and Instagram timeline settings
Reuters· 2025-10-02 18:55
A Dutch court on Thursday ordered Meta Platforms to offer users of its Facebook and Instagram platforms simpler options for a timeline that is not based on profiling. ...
Lloyds to take full control of UK wealth joint venture with Schroders, FT reports
Reuters· 2025-10-02 17:31
Britain's Lloyds Banking Group will take control of Schroders' 49.9% stake in their joint venture after the business struggled with growth targets and high executive turnover, the Financial Times repo... ...
Novo, Lilly weight-loss drugs should be first option obesity treatments, European doctors say
Reuters· 2025-10-02 17:05
Novo Nordisk's and Eli Lilly's blockbuster weight-loss drugs should be the first medicines doctors reach for to treat obesity and its complications, a major European medical association advised on Thu... ...
Volvo Cars' sales rise 1% in September
Reuters· 2025-10-02 15:09
Volvo Cars sold 63,212 cars in September, up 1%compared to the same period last year, the Sweden-based company said on Thursday. ...
Private markets brace for cycle test, Asia exits remain tight
Reuters· 2025-10-02 14:36
The boom in private credit and private equity is poised for a reality check as an untested credit cycle collides with fragile exit routes in Asia's public markets, two senior investment executives said at a conference in Singapore. ...
Citigroup lifts ether outlook, trims bitcoin view on shifting investor flows
Reuters· 2025-10-02 13:40
Citigroup raised its year-end price target for ether to $4,500 from $4,300, citing strong flows from ETFs and digital asset treasuries. ...
Alibaba mapping logs record for daily users on first day of China holiday
Reuters· 2025-10-02 12:52
Alibaba's mapping app Amap recorded more than 360 million daily active users on the first day of China's eight-day National Day holiday on Wednesday, setting an all-time high for the platform, the com... ...