Australian court fines Exxon’s local petrol brand $11.3 million for misleading claims
Feb 17 (Reuters) – Federal Court of Australia has fined Mobil Oil Australia A$16 million ($11.3 million) over misleading claims…
Author: Wall St Mavens
Nvidia to sell Meta millions of chips in multiyear deal
SAN FRANCISCO, Feb 17 (Reuters) – Nvidia on Tuesday said it has signed a multiyear deal to sell Meta Platforms…
Microsoft to keep buying enough renewable energy to match all its electricity needs
By Padraic Halpin DUBLIN, Feb 18 (Reuters) – Microsoft has promised to keep buying enough renewable energy to match all…
DoorDash forecasts quarterly profit below estimates amid spending on tech overhaul
Feb 18 (Reuters) – Food delivery company DoorDash forecast first-quarter adjusted profit below Wall Street estimates, hurt by spending on…
Oil gains 3% as Russia-Ukraine talks abruptly end, Iran-US tensions support
By Stephanie Kelly and Alex Lawler LONDON, Feb 18 (Reuters) – Oil prices gained nearly 3% on Wednesday after peace…
Danaher to buy Masimo in $9.9 billion deal in diagnostics push
Feb 17 (Reuters) – Danaher will acquire pulse oximeter maker Masimo in a $9.9 billion deal, as the life science…
Analysis-Europe squares up to Big Tech, risking ire of Washington
By David Latona, Michel Rose and Renee Maltezou MADRID, Feb 17 (Reuters) – European nations are ratcheting up the pressure…
Factbox-By the numbers: How the Netflix, Paramount bids for Warner Bros stack up
Feb 17 (Reuters) – Warner Bros Discovery has rejected Paramount Skydance’s latest $30-a-share hostile takeover bid, but is giving the…
North Korea’s new Congress to reset arms goals as gaps seen in 2021 plan
By Kyu-seok Shim SEOUL, Feb 16 (Reuters) – North Korea is set to unveil new weapons development goals at its…
Australia rules out helping families of IS militants leave Syrian camp
By Alasdair Pal and Renju Jose SYDNEY, Feb 17 (Reuters) – Australian Prime Minister Anthony Albanese said on Tuesday his…