Arun Koyyur

Southern Asia

Senior Desk Editor, Global News Desk at Reuters

Edits for Reuters; previously a newspaperman - worked as a reporter, news ed, desk ed.

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Articles

Coinbase buys Deribit in $2.9 billion deal to expand crypto options base

6 days ago | today.westlaw.com | Pritam Biswas |Arun Koyyur |Shounak Dasgupta

(Reuters) -Coinbase, the largest publicly traded cryptocurrency exchange, said on Thursday it will buy derivatives exchange Deribit in a $2.9 billion deal to expand into the crypto options markets. The move underscores a push by crypto firms to widen...
UK court upholds watchdog's finding on excessive NHS thyroid drug prices

6 days ago | today.westlaw.com | Arun Koyyur

(Reuters) -The Court of Appeal has upheld a British watchdog's 99 million pound ($131.94 million) fine against owners of Advanz Pharma for overcharging the National Health Service for essential thyroid drug liothyronine, the watchdog said on...
Apple's plan to offer AI search options on Safari a blow to Google dominance

1 week ago | today.westlaw.com | Jacqueline Wong |Arun Koyyur |Jody Godoy |Anil D'Silva

(Reuters) -Apple's plans to add AI-powered search options to its Safari browser are a big blow to Google, whose lucrative advertising business relies significantly on iPhone customers using its search engine.
Buffett to remain Berkshire chairman but shares fall after Abel named CEO

1 week ago | today.westlaw.com | Mark Porter |Stephen Coates |Niket Nishant |Arun Koyyur

(Reuters) -Warren Buffett will stay on as chairman of Berkshire Hathaway after Vice Chairman Greg Abel takes over as chief executive officer, the conglomerate said on Monday. Berkshire made the announcement two days after the 94-year-old Buffett...
KKR looks to deploy $116 billion cash in choppy market after profit boost

1 week ago | today.westlaw.com | Niket Nishant |Arun Koyyur

(Reuters) - Investment giant KKR is ready to put its $116 billion of capital to use as market volatility creates fresh opportunities, it said after posting a nearly 20% jump in first-quarter profit on Thursday.
McDonald's Global Sales Post Surprise Drop as Tariff Chaos Hurts Consumer Confidence

1 week ago | gurutrade.com | Savyata Mishra |Arun Koyyur

CEO warns of tough conditions owing to tariff uncertainty Company posts biggest quarterly dip in U.S. sales since pandemic Q1 adjusted EPS of $2.66 beats estimates by a cent $5 meal deal extended for the rest of 2025, executives say May 1 (Reuters) - McDonald's posted a surprise drop in first-quarter global comparable sales on Thursday, as demand from cash-strapped diners in the U.S. and Europe faltered on uncertainty sparked by chaotic tariffs.
KKR Posts Higher Profit, aims to Deploy $116B Cash to Tap Choppy Market

1 week ago | gurutrade.com | Niket Nishant |Arun Koyyur

Fee income jumps 23% in the quarter Dry powder stands at $116 billion Pushes into retail with new funds May 1 (Reuters) - KKR's first-quarter profit rose nearly 20% on higher fees and the investment firm said it was ready to put its $116 billion of capital to use as market volatility creates fresh opportunities.
Tesla chair denies report that EV maker seeks new CEO to replace Musk

1 week ago | today.westlaw.com | Arun Koyyur |Abhirup Roy

(Reuters) -Tesla Chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members about a month ago had reached out to several executive search firms to find a replacement for CEO Elon Musk.
Analysis-Corporate America boosts security spending after UnitedHealth murder, filings show

2 weeks ago | today.westlaw.com | Niket Nishant |Arun Koyyur |Mariam Sunny |Akash Sriram

(Reuters) -U.S. corporations have been ramping up their security spending, but following the murder of UnitedHealth executive Brian Thompson that expenditure is set to rise further in 2025 as more companies see heightened threats to their top brass....
Investors relieved Musk will refocus on Tesla, but worry about brand damage

3 weeks ago | today.westlaw.com | Arun Koyyur |Akash Sriram |Abhirup Roy

(Reuters) -Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his attention on the electric automaker, but that promise did not entirely dispel worries that his right-wing shift had irrevocably damaged the company's...