Stick or twist? DraftKings weighs Entain bid that would spark battle

Stick or twist? DraftKings weighs Entain bid that could spark battle

General view inside a Ladbrokes shop in Harpenden, Britain, March 18, 2020. REUTERS/Peter Cziborra/File Photo Oct 19 (Reuters) – U.S. sports betting firm DraftKings (DKNG.O) must decide on Tuesday whether to make a formal offer for Entain (ENT.L), potentially kicking off a $22-billion-plus bid battle for the British gambling firm. Shares in Entain, which hit … Read more

EXCLUSIVE India plans refiners’ joint oil offers to chop import invoice

EXCLUSIVE India plans refiners' joint oil deals to cut import bill

A worker rides a bicycle at the Bharat Petroleum Corporation refinery in Mumbai, April 24, 2008. REUTERS/Punit Paranjpe NEW DELHI, Oct 19 (Reuters) – India is forming a group that brings together state-run and private refiners to seek better crude import deals, oil secretary Tarun Kapoor said on Tuesday, as the country grapples with soaring … Read more

Abu Dhabi’s tech hub sees surge of curiosity from start-ups

Abu Dhabi's tech hub sees surge of interest from start-ups

General view of Abu Dhabi, United Arab Emirates, January 3, 2019. Picture taken January 3, 2019. REUTERS/ Hamad I Mohammed/File Photo/File Photo DUBAI, Oct 19 (Reuters) – Abu Dhabi’s new technology hub says it has seen a surge in interest from start-up firms in the United Arab Emirates and abroad despite the economic impact of … Read more

Key Evergrande deal to promote stake in unit placed on maintain – sources

Key Evergrande deal to sell stake in unit put on hold - sources

The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song Deal to sell 51% in property services unit put on hold -sources Evergrande paid onshore bond coupon due Tue – sources Sunac made $27.14 mln offshore coupon payment -source HONG KONG/SHANGHAI, Oct 19 … Read more

U.S. invoice would cease Large Tech favoring its personal merchandise

EXCLUSIVE Big Tech targeted by U.S. and EU in draft memo ahead of tech and trade meeting

The logos of Amazon, Apple, Facebook and Google in a combination photo/File Photo WASHINGTON, Oct 18 (Reuters) – About a dozen U.S. senators from both parties on Monday formally introduced a bill that would bar Big Tech platforms, like Amazon (AMZN.O) and Alphabet’s (GOOGL.O) Google, from favoring their products and services. read more The bill … Read more

S&P 500 surges, greatest day by day proportion rise since March on earnings, information

Wall St rallies 1% on upbeat earnings, tech strength

Moderna up, FDA advisers recommend booster for emergency use Big banks rise as profits beat forecasts UnitedHealth jumps on strong results Indexes: Dow up 1.6%, S&P 500 up 1.7%, Nasdaq up 1.7% NEW YORK, Oct 14 (Reuters) – The S&P 500 jumped on Thursday, its biggest daily percentage advance since early March, as companies including … Read more

Wall St rallies 1% on upbeat earnings, tech power

Wall St rallies 1% on upbeat earnings, tech strength

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 13, 2021. REUTERS/Brendan McDermid Technology stocks rally, led by Apple UnitedHealth jumps on strong results Indexes up: Dow 1%, S&P 1.2%, Nasdaq 1.4% Oct 14 (Reuters) – Wall Street’s main indexes rallied on Thursday as a surge … Read more

Indian shares hit document highs as tech, financial institution shares rally

Indian shares flat as energy gains offset tech, pharma losses

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas BENGALURU, Oct 14 (Reuters) – Indian shares closed at record highs on Thursday and ended the holiday-shortened week with a more than 2% gain, powered by a rally in banking and technology stocks. The NSE Nifty 50 index … Read more

Employee shortages unfold to tech employees

Worker shortages spread to tech staff

LONDON, Oct 14 (Reuters Breakingviews) – First it was a dearth of lorry drivers, then abattoir and warehouse labourers. Now it’s technology workers who are in high demand. UK-based white-collar recruiter Hays (HAYS.L) on Thursday read more reported record fees for finding information technology staff. The $3.7 billion company said worldwide revenue from tech recruitment … Read more

Huge Tech to face one other bipartisan antitrust invoice

Big Tech to face another bipartisan antitrust bill

The logos of Amazon, Apple, Facebook and Google in a combination photo/File Photo WASHINGTON, Oct 14 (Reuters) – A bipartisan group of lawmakers, headed by Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley, plan to introduce a bill that would bar Big Tech platforms, like Amazon (AMZN.O) and Alphabet’s (GOOGL.O) Google, from favoring their … Read more