By Hyunjoo Jin and Heekyong YangSUWON, South Korea (Reuters) -Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from shareholders after its failure to ride an artificial intelligence boom made it one of the worst-performing tech stocks last year.The South Korean firm has been suffering from weak earnings and sagging share prices in recen ...
By Krystal Hu and Zaheer Kachwala(Reuters) -Google-parent Alphabet (NASDAQ:GOOGL) is in advanced negotiations to buy Israeli cybersecurity company Wiz with an offer of more than $30 billion, according to a source familiar with the matter, marking its largest potential acquisition to date.Alphabet’s latest offer is higher by roughly a third of the $23 billion deal it offered last year, which Wiz ...
By Ana Mano and Roberto SamoraSAO PAULO (Reuters) -The controlling shareholder of Brazilian meatpacking giant JBS and government investment vehicle BNDESPar, the second largest shareholder in JBS, have signed a deal that puts the company closer to listing its shares in both the United States and Brazil.In a securities filing released on Monday, JBS said BNDESPar, which is the investment arm of Bra ...
Investing.com-- Shares of Australian coal miner New Hope Corp (ASX:NHC) jumped on Tuesday after the company reported a sharp rise in half-year profit on increased production and lower unit costs. The company’s flagship Bengalla Mine reached its target run rate, while the continued ramp-up at New Acland Mine also contributed to stronger output, the company said.The miner posted a net profi ...