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Business

2057 posts
  • Business

Post Holdings to take full ownership of 8th Avenue for $880m

  • June 4, 2025
  • Roubens Andy King
Post Holdings to take full ownership of 8th Avenue for 0m
Post Holdings is to buy the shares in fellow US manufacturer 8th Avenue Food & Provisions that it does not own for $880m. 8th Avenue was formed in 2018 when…
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Trump demands Federal Reserve chair lowers interest rates amid weak jobs report – US politics live | US news
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  • Business

Trump demands Federal Reserve chair lowers interest rates amid weak jobs report – US politics live | US news

  • June 4, 2025
  • Roubens Andy King
Trump calls again on Federal Reserve chair Jerome Powell to lower interest rates Donald Trump has – once again – called on Jerome Powell, the Federal Reserve chair, to lower…
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Gold edges up ahead of May jobs report
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  • Business

Gold edges up ahead of May jobs report

  • June 4, 2025
  • Roubens Andy King
Gold () futures opened at $3,377.80 per ounce Wednesday, 0.8% above Tuesday's close of $3,350.20. The price of gold futures has been moving closer to $3,400 since Monday following reports…
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UK trade secretary says ‘essential steps’ happening ‘at pace’ to turn UK-US tariff pact into deal – business live | Business
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  • Business

UK trade secretary says ‘essential steps’ happening ‘at pace’ to turn UK-US tariff pact into deal – business live | Business

  • June 4, 2025
  • Roubens Andy King
Reynolds says ‘essential steps' happening ‘at pace' to turn UK-US tariff pact into deal Lisa O'Carroll UK trade minister Jonathan Reynolds has said “essential steps” are taking place “at pace”…
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Lunchbox and UrbanPiper to go global with restaurant tech offerings
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  • Business

Lunchbox and UrbanPiper to go global with restaurant tech offerings

  • June 4, 2025
  • Roubens Andy King
Lunchbox has collaborated with restaurant management platform UrbanPiper for the global expansion of technology offerings. The collaboration is set to broaden Lunchbox's core offerings, such as digital ordering, order aggregation,…
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Wall St watchdog to consider rules on US-traded foreign firms
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  • Business

Wall St watchdog to consider rules on US-traded foreign firms

  • June 4, 2025
  • Roubens Andy King
(Reuters) -The U.S. Securities and Exchange Commission on Wednesday is due to take the first steps toward producing new rules on which foreign firms qualify for less stringent investor disclosure…
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Robotics firm raises  million to scale up wind turbine repairs
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  • Business

Robotics firm raises $60 million to scale up wind turbine repairs

  • June 4, 2025
  • Roubens Andy King
By Virginia Furness LONDON (Reuters) -Latvian tech company Aerones, which counts GE and Enel among its customers, has raised $62 million to fund a global roll out of robots and…
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Merck held talks to buy biotech MoonLake for over  billion, FT reports
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  • Business

Merck held talks to buy biotech MoonLake for over $3 billion, FT reports

  • June 4, 2025
  • Roubens Andy King
(Reuters) -Merck has held talks to buy Swiss biotech MoonLake Immunotherapeutics for more than $3 billion, the Financial Times reported on Monday, citing three people familiar with the matter. MoonLake's…
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SEC Concerned About Crypto ETFs With Staking Exposure
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  • Business

SEC Concerned About Crypto ETFs With Staking Exposure

  • June 4, 2025
  • Roubens Andy King
The Securities and Exchange Commission (SEC) is concerned that crypto exchange-traded funds that offer exposure to staking may not qualify as ETFs after all. On Friday, the agency sent a…
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Disney to lay off several hundred employees globally
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  • Business

Disney to lay off several hundred employees globally

  • June 4, 2025
  • Roubens Andy King
Disney (DIS) is laying off several hundred employees across its global operations as part of an effort to reduce costs, with consumers increasingly shifting from traditional cable packages to streaming.…
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