Jan 29 (Reuters) - Shanghai Waigaoqiao Free Trade Zone Group Co Ltd:
* SAYS IT SIGNS MOU WITH JD.COM ON STRATEGIC COOPERATION, AREAS INCLUDING LOGISTICS, STORAGE AND COMMERCIAL TRADE Source text in Chinese: http://bit.ly/2Gry3LR Further company coverage: (Reporting by Hong Kong newsroom)
We're finally into the "show me" portion of the AI narrative, and Coca-Cola and Microsoft's new deal might be a glimpse of what the near-term future will be like for AI.
(Bloomberg) -- BHP Group Ltd. proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion ($38.8 billion), in a deal that would catapult the combined company’s copper production far beyond its rivals while sparking the biggest shakeup in the industry in over a decade.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience Af
Meta stock is down after the company reported Q1 earnings. Is the stock a buy right now?
Ford reported first quarter results after the bell that beat expectations on Wednesday, with its changing product game plan front and center along with its focus on gas and hybrid offerings.
(Bloomberg) -- Technology stocks led declines in US equity futures Thursday after Meta Platforms Inc.’s disappointing outlook underscored the risk of volatility in a high-stakes earnings week.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenBHP Makes Take
MELBOURNE/LONDON (Reuters) -BHP Group said on Thursday it had made a $38.8 billion bid for Anglo American, proposing a deal that would create the world's biggest copper miner and sending its smaller rival's shares sharply higher. BHP said it will offer Anglo's shareholders 25.08 pounds per share, a premium of 31%, and carve out the London-listed group's iron ore and platinum assets in South Africa, where the world's largest listed miner has no assets. Anglo, which owns mines in countries including Chile, South Africa, Brazil and Australia, said it was reviewing the unsolicited, non-binding and highly conditional proposal.
(Bloomberg) -- Samsung Electronics Co. is facing a shortage of its S24 smartphones in Pakistan after seeing unprecedented demand for its flagship phone.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenBHP Makes Takeover Approach For Rival Miner Anglo Amer
Is the freight carrier the growth stock you've been looking for?
(Reuters) -AstraZeneca sailed past market expectations for quarterly revenue and profit on Thursday, boosted by demand for its blockbuster drugs and steady sales from partnered medicines, and sending its shares up over 5%. CEO Pascal Soriot has rebuilt the company's pipeline of new drugs since taking the helm more than a decade ago, to make blockbusters such as lung cancer drug Tagrisso, leukaemia drug Calquence and Farxiga for diabetes. Combined revenue from partnered medicines, such as breast cancer therapy Enhertu with Daiichi Sankyo and asthma medicine Tezspire with Amgen, jumped more than 60% in the quarter, bolstering overall growth.
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.