(Reuters) -Delivery giant FedEx said on Monday it has appointed insider John Smith as CEO of its freight trucking spinoff,…
Category: Business
Dollar Tree reappoints veteran MacNaughton as CEO for spun-off Family Dollar
(Reuters) -Dollar Tree on Monday named retail industry veteran Duncan MacNaughton as the chief executive officer of the Family Dollar…
Crypto platform FalconX partners with Standard Chartered
By Summer Zhen HONG KONG (Reuters) – Crypto prime broker FalconX and global bank Standard Chartered said on Wednesday they…
Institutional investors juggle bitcoin ETF holdings, US filings show
By Suzanne McGee (Reuters) -A number of high-profile asset managers cut their stakes in spot bitcoin exchange-traded funds amid a…
Nvidia CEO says next chip after H20 for China won’t be from Hopper series
By Wen-Yee Lee TAIPEI (Reuters) -Nvidia is evaluating how to address the China market after the U.S. government placed limits…
‘Big Short’ investor Michael Burry doubles stake in cosmetics maker Estee Lauder
By Anuja Bharat Mistry (Reuters) -Michael Burry’s Scion Asset Management has doubled its stake in Estee Lauder, at a time…
Analysis-Novo Nordisk should look to the US for its next CEO, analysts say
By Patrick Wingrove and Maggie Fick (Reuters) -As Denmark’s Novo Nordisk shops for its next CEO to replace Lars Fruergaard…
OpenAI to help UAE develop one of world’s biggest data centers, Bloomberg News reports
(Reuters) -OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be…
Mike Novogratz’s Galaxy Digital debuts on Nasdaq in bumper week for crypto
By Hannah Lang (Reuters) -Galaxy Digital, founded by Mike Novogratz, made its Nasdaq debut on Friday, capping off a momentous…
Alibaba misses revenue estimates as it fights for China e-commerce market dominance
By Casey Hall and Deborah Mary Sophia (Reuters) -Alibaba posted quarterly revenue that missed analysts’ estimates on Thursday, as the…