valuations
BusinessJust Eat Takeaway Sells US Unit Grubhub for $650 Million, Shares Jump 20%
BankingSoftBank Books $7.7 Billion Quarterly Gain as Vision Fund Finds Its Feet Again
BusinessChemicals Maker Basf India Q2 Profit Falls 14% on Higher Input Costs
BusinessSoftBank Swings Back to Quarterly Profit With $7.7 Billion Gain
Investors See Safety in India as Trump Win Casts Shadow on Emerging Markets
Date: November 11, 2024
By Jaspreet Kalra MUMBAI (Reuters) – Global investors are likely to find relative safety in India’s financial markets from the spillover of Donald Trump’s economic policies, including from any protectionist trade policies that could spark emerging market volatility. Trump’s decisive election victory last week and his impending return to the White House next month has...
German Commercial Property Prices Drop but Show Some Stabilisation
Date: November 11, 2024
FRANKFURT (Reuters) – German commercial property prices fell 4.7% in the third quarter from a year earlier but showed continued signs of stabilisation, the VDP banking association said on Monday, as the country’s real estate sector grapples with its worst crisis in decades. Commercial real estate valuations, in decline for two years, rose 0.7% from...
Market Value of Nvidia and Tsmc Surges in October on Strong AI Chip Demand
Date: November 4, 2024
(Reuters) – Nvidia led a surge in market value among global firms in October, buoyed by unrelenting demand for its new supercomputing artificial intelligence chips as more companies integrate AI into their daily operations. Nvidia’s market cap rose 9.3% in October to $3.26 trillion, while the company’s supplier, TSMC, saw its market value increase 6.5%...
Rtl Group Explores Options for Tv Production Arm Fremantle, Sources Say
Date: October 29, 2024
By Amy-Jo Crowley LONDON (Reuters) – RTL Group, Europe’s largest broadcaster, is exploring options for its Fremantle production unit, including a merger, given a broader cutback in TV commissioning across the industry, two people familiar with the matter told Reuters. RTL, majority-owned by German media group Bertelsmann, is considering finding a merger partner for the...
Exclusive-JBS, Sigma Vie for Kraft Heinz’s $3 Billion Hot-Dog Business, Sources Say
Date: October 25, 2024
By Abigail Summerville NEW YORK (Reuters) – Brazilian meatpacker JBS and Mexico’s Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold cuts business of packaged food giant Kraft Heinz, according to people familiar with the matter. The divestment of the popular hot-dog brand, which the sources said could...
Perplexity AI in Funding Talks to More Than Double Valuation to $8 Billion, Wsj Reports
Date: October 21, 2024
(Reuters) -Jeff Bezos-backed Perplexity AI has begun fundraising talks in which it is looking to more than double its valuation to $8 billion or more, the Wall Street Journal reported on Sunday. Perplexity has told investors it is looking to raise around $500 million in the new funding round, the Journal reported citing people...