(Reuters) -Property and casualty insurer Cincinnati Financial reported on Monday that its second-quarter profit more than doubled, reflecting higher premiums…
Category: Business
Scale AI competitor Micro1 raising funds at $500 million valuation, sources say
By Anna Tong SAN FRANCISCO (Reuters) -Scale AI competitor Micro1 is finalizing a Series A round valuing the startup at…
Factbox-From Amazon to Walmart, global e-commerce firms face regulatory scrutiny in India
(Reuters) -Foreign companies operating in India’s booming e-commerce sector face many regulatory and legal challenges from authorities investigating them for…
Dealmaking in US upstream oil and gas tumbles as volatility rattles investors
By Georgina McCartney HOUSTON (Reuters) -Volatility across energy and equity markets spooked investors in the second quarter, slowing the pace…
Stellantis sees greater tariff impact after $2.7 billion first-half loss
By Giulio Piovaccari and Valentina Za MILAN (Reuters) -Stellantis expects more impact from U.S. tariffs on vehicles and auto part…
BitGo joins crypto IPO rush as sector hits $4 trillion in market value
By Manya Saini (Reuters) -Crypto custody startup BitGo said on Monday it has confidentially filed for a U.S. listing, joining…
Hedge funds dumped Japanese stocks ahead of upper house election, says Goldman
By Summer Zhen HONG KONG (Reuters) -Global hedge funds offloaded Japanese equities at the sharpest pace in almost two-and-a-half months…
Analysis-Chevron wins Exxon case but loses time, oil and billions
By Arunima Kumar (Reuters) -Exxon Mobil has lost its arbitration challenge to block Chevron’s $55 billion Hess acquisition deal, but…
Cryptocurrency firm Bullish files for US IPO
(Reuters) -Cryptocurrency firm Bullish on Friday filed for an initial public offering in the United States. Uncertainty surrounding President Donald…
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…