With China EV launch, Xiaomi’s ‘Thor’ takes on Elon Musk
By Sarah Wu BEIJING (Reuters) -He was called China’s answer to Steve Jobs for taking Xiaomi from scrappy startup to…
Author: Wall St Mavens
Ukraine gets $1.5 billion funding tranche under World Bank programme
(Reuters) -Ukraine has received a $1.5 billion tranche of funding under a World Bank programme, Prime Minister Denys Shmyhal said…
Oil rises more than $1 a barrel on tighter supply outlook
By Laila Kearney NEW YORK (Reuters) -Oil prices jumped more than $1 a barrel on Thursday, closing out the month…
Citi says 42% of energy clients lack climate transition plans
By Isla Binnie NEW YORK (Reuters) – Almost half of the energy companies Citi lends to are lacking plans to…
Home Depot bulks up Pro-business with $18.25 billion deal for building products supplier SRS
By Deborah Mary Sophia, Savyata Mishra and Abigail Summerville (Reuters) -Home Depot will buy building materials supplier SRS Distribution in…
Walgreens takes $5.8 billion hit on VillageMD bet amid CEO focus on profit
By Leroy Leo and Puyaan Singh (Reuters) -Walgreens Boots Alliance recorded a $5.8 billion impairment charge on its investment in…
How Boeing’s leadership was ‘fired’ by its own customers
By Tim Hepher, Allison Lampert and David Shepardson (Reuters) – It took 80 days. But for the airline industry, enough…
Stocks close with gains, led by Dow as investors look for rate insight
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks were higher on Wednesday, with the Dow leading gains and the S&P…
J&J can contest evidence linking its talc to cancer, US judge rules
By Dietrich Knauth NEW YORK (Reuters) -Johnson & Johnson will get a new chance to contest the scientific evidence linking…
GameStop shares fall as video game retailer faces competition, weak spending
(Reuters) -GameStop’s shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter…