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Eric Trump signs up as client with Citigroup, Bloomberg News reports
Reuters· 2025-10-02 20:05
Eric Trump, U.S President Donald Trump's son, has signed up as a client of Citigroup and established a trust that holds some of his father's money, Bloomberg News reported on Thursday, citing people w... ...
Hungary buys gas from France's Engie, diversifying supply from Russia
Reuters· 2025-10-02 19:45
Hungary on Thursday signed its biggest ever deal to buy liquefied natural gas from French firm Engie , a second agreement in as many months that will diversify its supply away from top energy provider... ...
US layoffs fall in September but year-to-date planned hiring at lowest in 16 years
Reuters· 2025-10-02 19:32
U.S. employers announced fewer layoffs in September but hiring plans so far this year were the lowest since 2009, a report said on Thursday, adding to evidence of a labor market standstill as the demand and supply of workers fall because of policy and technology advances. ...
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. ...
Morning Bid: Fed, pharma and tech lift world markets
Reuters· 2025-10-02 18:34
What matters in U.S. and global markets today ...
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. ...