Krishna Eluri

1 week ago | gurutrade.com | Akash Sriram |Krishna Eluri

Lyft's acquisition nearly doubles its potential market size FreeNow operates in over 150 cities across nine European countries FreeNow achieved break-even status with 13% revenue increase in 2024 April 16 (Reuters) - Lyft is buying mobility platform FreeNow from German automotive giants BMW and Mercedes-Benz for 175 million euros ($198.40 million) to expand into the European ride-hailing market, the U.S. company said on Wednesday.

1 week ago | gurutrade.com | Zaheer Kachwala |Arsheeya Bajwa |Krishna Eluri

April 14 (Reuters) - Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday. WHY IT'S IMPORTANT Counterpoint expects the smartphone market to decline this year, due to economic uncertainty and tariffs imposed by U.S. president Donald Trump.

3 weeks ago | today.westlaw.com | Bhanvi Satija |Anil D'Silva |Sriraj Kalluvila |Krishna Eluri

(Reuters) -Institutional Shareholder Services has recommended Pfizer investors reject a proposal on executive compensation at its upcoming annual meeting, citing concerns about certain changes made to long-term awards to its CEO and others.

3 weeks ago | gurutrade.com | Ragini Mathur |Krishna Eluri

FTSE 100, FTSE 250 flat Retail sales rise unexpectedly March 28 (Reuters) - UK shares were subdued on Friday as investors avoided big bets after U.S. President Donald Trump's latest tariff threats intensified concerns about an all-out global trade war. The blue-chip FTSE 100 was up 0.06% as of 1100 GMT, poised to end the week little changed. The midcap FTSE 250 index was down 0.02% and remained on track for its sixth consecutive weekly loss.

3 weeks ago | today.westlaw.com | Vallari Srivastava |Krishna Eluri

(Reuters) - Renewable energy company Emeren said on Friday it has formed a special committee to evaluate a buyout proposal it received earlier this month. The company did not disclose the name of its potential acquirer or the price, if any. It had a...