Page 901 - Reuters

Chipmaker Broadcom to buy cloud services firm VMware in $61-bn deal

VMware shareholders will get $142.50 per share under the purchase, resulting in a premium of nearly 49% to the stock's close on May 22, when talks of the deal were first reported

Shell may sell Russian LNG plant stake to Indian consortium: Report

Shell seeks to sell 27.5% stake in Sakhalin-2 plant; Shell in talks with group of several Indian firms, say sources

Oil prices jump 3% to 2-month high as EU seeks to ban Russian supply

By Scott DiSavino

Elon Musk sued by Twitter investors for delayed disclosure of stake

The investors said Musk saved himself $156 million by failing to disclose that he had purchased more than 5% of Twitter by March 14

Taiwan raids Chinese firms in latest crackdown on chip engineer-poaching

Taiwan has ramped up a campaign to counter illegal poaching by Chinese companies in what the island sees as a threat to its chip expertise

Wall Street surges over 1.5% on upbeat forecasts from retailers, Fed relief

Macy's, Dollar General climb after forecast raise; weekly jobless claims fall, Q1 economic contraction confirmed

'Thank God,' says Putin on exit of some foreign companies from Russia

Putin has cast the invasion of Ukraine as a turning point in Russian history: a revolt by Moscow against the United States, which he says has humiliated Russia since the 1991 fall of the Soviet Union

Shareholders re-elect McDonald's directors, Icahn loses board battle

Preliminary tallies showed shareholders backed all 12 of McDonald's directors and that Icahn's two nominees received approximately 1% of the vote, the company said.

ONGC to sell stake, seeks global oil firms' help to develop fields

The deadline for submitting expressions of interest is June 16, ONGC said in a tender document on its website

WEF 2022: Globalisation's cheerleaders grasp for new buzzwords at Davos

By Dan Burns and Leela de Kretser

Back to snow: World Economic Forum reverts to Jan for 2023 annual meeting

By Aditya Kalra and Dmitry Zhdannikov

Alibaba beats revenue estimates on demand for niche China shopping services

The company, however, said it would not issue a forecast for the new fiscal year, citing pandemic-related risks and uncertainties

Oil price climbs on tight supply, prospect of EU ban on Russian supply

By Ahmad Ghaddar

Gold prices drop as May policy minutes confirm Fed's tightening path

By Swati Verma

Dollar steady near one-month low as Fed minutes contain few surprises

By Samuel Indyk

Global LNG markets brace for uncertainty over Russian gas supplies

Western sanctions on Russia due to the Ukraine invasion have sparked fears of disruption of Russian gas supply to Europe, sending global gas prices to all-time highs

'Dieselgate': Volkswagen to pay $242 mn to around 91,000 British drivers

Volkswagen (VW) on Wednesday again apologised to customers in England and Wales as it pledged to rebuild trust

US Treasury pushes Russia towards default. What lies next?: An explainer

Russia has around $40 billion of international bonds outstanding, with just under $2 billion in external debt servicing left until year-end

'Most' Fed officials saw 50 bps rate hikes in June and July, show minutes

The 50-basis-point rate increase this month was the first of that size in more than 20 years, and has set the Fed on course for a quick tightening of monetary policy

WEF 2022: India puts 'new reality' on display with Davos street show

Inside a pavilion on the Swiss Alpine resort's Promenade street beneath an "India @ Davos 2022" logo, the federal govt served up treats including 'masala chai' tea, 'samosa' snacks