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Meme stock GameStop climbs after raising $933 million in share sales

Posted on May 28, 2024 by Financial Edge Daily

(Reuters) -GameStop jumped 14% on Tuesday after the struggling video game retailer said it had raised $933 million by cashing in on a rally in the meme stock earlier this month. The…

Anglo American rejects BHP’s revised $42.7 billion buyout proposal

Posted on May 13, 2024May 21, 2024 by Financial Edge Daily

By Clara Denina LONDON (Reuters) -Anglo American rejected a raised takeover offer of 34 billion pounds ($42.67 billion) from BHP Group on Monday, saying the world’s largest listed miner “continues to significantly…

Apple’s Vision Pro Headset Goes Global

Posted on May 13, 2024May 20, 2024 by Financial Edge Daily

(Reuters) – Apple is gearing up to sell its Vision Pro mixed-reality headset outside the United States, Bloomberg News reported on Monday, in a bid to invigorate demand for its most expensive…

‘Choose France’ investment push bags record $16 billion in pledges

Posted on May 13, 2024May 21, 2024 by Financial Edge Daily

By Sudip Kar-Gupta and Elizabeth Pineau PARIS (Reuters) – France won a record 15 billion euros ($16.17 billion) in foreign investment pledges on Monday, allowing President Emmanuel Macron to bask in the…

Morning Bid: Treading water ahead of China tariff news, US CPI

Posted on May 13, 2024May 20, 2024 by Financial Edge Daily

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets on Tuesday will be looking to maintain the positivity with which the week has started, with…

Israel in spotlight at Eurovision semi-final as pro-Palestinian protests LOOM

Posted on May 12, 2024May 21, 2024 by Financial Edge Daily

By Jacob Gronholt-Pedersen MALMO, Sweden (Reuters) –The second semi-final of this year’s Eurovision Song Contest will take place in Sweden on Thursday, with Israel’s performance expected to draw attention due to large…

Reformers hoped to curtail America’s domestic spying; lawmakers are poised to expand it

Posted on April 18, 2024April 18, 2024 by Financial Edge Daily

(This April 17 story has been refiled to add the missing word ‘trust’ in paragraph 15) By Raphael Satter and Zeba Siddiqui WASHINGTON (Reuters) – Reformers had hoped that the debate over…

Exclusive-Donald Trump mulls middle-class tax cut as he eyes return to office

Posted on April 18, 2024April 18, 2024 by Financial Edge Daily

By Gram Slattery WASHINGTON (Reuters) – U.S. Republican presidential candidate Donald Trump has indicated to advisers he is keen on a new middle-class tax cut should he return to the White House,…

Microsoft finds Russian influence operations targeting U.S. election have begun

Posted on April 18, 2024April 18, 2024 by Financial Edge Daily

SAN FRANCISCO (Reuters) – Microsoft said on Wednesday that Russian online campaigns to influence the upcoming U.S. presidential election kicked into gear over the past 45 days, but at a slower pace…

Biden says uncle shot down over area populated by cannibals in World War Two

Posted on April 17, 2024 by Financial Edge Daily

PITTSBURGH (Reuters) – President Joe Biden on Wednesday raised the possibility that an uncle who served in the Pacific campaign during World War Two might have fallen victim to cannibals after his…

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