Krishna Eluri

1 month ago | gurutrade.com | Arasu Kannagi Basil |Ateev Bhandari |Krishna Eluri

May 5 (Reuters) - Israel's eToro Group said on Monday it was targeting a valuation of up to $4 billion in its initial public offering in the United States, as the retail trading platform finally moves ahead with its long-awaited New York flotation plans. Bnei Brak-based eToro and some existing stockholders are aiming to raise as much as $500 million by offering 10 million shares priced between $46 and $50 each.

1 month ago | gurutrade.com | Mrinalika Roy |Krishna Eluri |Shinjini Ganguli

May 5 (Reuters) - Peabody Energy said on Monday if issues involving Anglo American's Moranbah North mine were not resolved to its satisfaction, it may elect to terminate its pending deal to acquire some of the British mining company's Australian steelmaking coal assets. Production at Anglo American's Moranbah North coal mine - located in the Bowen basin in Queensland, Australia - was suspended after an underground fire broke out at the mine in March.

1 month ago | today.westlaw.com | Shinjini Ganguli |Mrinalika Roy |Krishna Eluri

(Reuters) -Peabody Energy said on Monday if issues involving Anglo American's Moranbah North mine were not resolved to its satisfaction, it may elect to terminate its pending deal to acquire some of the British mining company's Australian steelmaking...

1 month ago | gurutrade.com | Vallari Srivastava |Shilpi Majumdar |Krishna Eluri

May 1 (Reuters) - U.S. refiner HF Sinclair posted a smaller-than-expected loss in the first quarter on Thursday, supported by sequential improvement in refining margins. The 3-2-1 crack spread , a key indicator of U.S. refining margins, rebounded in early 2025 from multi-year lows as nationwide refinery maintenance tightened fuel supply.

1 month ago | today.westlaw.com | Sriparna Roy |Krishna Eluri |Shailesh Kuber

(Reuters) -Neuralink has received the U.S. Food and Drug Administration's "breakthrough" tag for its device to restore communication for individuals with severe speech impairment, Elon Musk's brain implant company said on Thursday in a post on X.