Maju Samuel

India

Desk Editor at Reuters

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Articles

Two funds managed by UK's Foresight Group LLP to buy Harmony Energy in $278 million deal

1 week ago | today.westlaw.com | Shailesh Kuber |Maju Samuel

(Reuters) - Two funds managed by British investment manager Foresight Group LLP said on Wednesday they would buy battery storage investment firm Harmony Energy Income Trust in a deal that values the company at about 209.9 million pounds ($277.9...
Meta to use public posts, AI interactions to train models in EU

1 week ago | today.westlaw.com | Deborah Mary Sophia |Maju Samuel

(Reuters) -Meta Platforms said on Monday it would use interactions that users have with its AI, as well as public posts and comments shared by adults across its platforms, to train its artificial intelligence models in the European Union.
Car Rental Firms Hertz, Avis Zoom as Tariffs Seen Hurting New-Vehicle Demand

4 weeks ago | gurutrade.com | Medha Singh |Sukriti Gupta |Maju Samuel

March 27 (Reuters) - Shares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% tariff on imported vehicles raised prospects of consumers opting for car rentals instead of buying expensive new cars. The new levies could add thousands of dollars to the cost of an average vehicle in the United States.
Google expands Reddit partnership

1 month ago | arizonadigitalfreepress.com | Rishi Kant |Maju Samuel

The logo of Google is seen outside Google Bay View facilities during the Made by Google event in Mountain View, California, U.S. August 13, 2024. (REUTERS/Manuel Orbegozo/File Photo)Staff Reports | REUTERSAlphabet’s Google on Monday expanded its partnership with Reddit amid concerns that the social media platform’s user growth relies heavily on traffic from Google Search.
European Shares Dip with Focus on US Fed Rate Decision

1 month ago | gurutrade.com | Nikhil Sharma |Rashmi Aich |Maju Samuel

Softcat raises 2025 profit forecast, shares rise M&G up as it posts surprise profit rise Compass Group slides on BNP's double downgrade STOXX 600 down 0.1% March 19 (Reuters) - European shares fell marginally on Wednesday, a day after robust gains on Germany's approval for a massive spending surge, while focus shifted to the U.S. Federal Reserve's interest rate decision.
Activist Starboard launches boardroom battle at Autodesk over margin concerns

1 month ago | today.westlaw.com | Arsheeya Bajwa |Maju Samuel

(Reuters) - Starboard Value on Wednesday launched a boardroom battle at Autodesk, raising concerns over the design software maker's margins and intensifying the activist investor's prolonged struggle to effect changes at the company.
European Shares Kick Off Week Higher; Focus on German Debt Reform Plans

1 month ago | gurutrade.com | Nikhil Sharma |Eileen Soreng |Maju Samuel

Phoenix Group gains as annual profit tops expectations Qinetiq drops after FY25 results STOXX up 0.3% March 17 (Reuters) - European shares extended gains on Monday, supported by energy and healthcare stocks, with focus on Germany's debt reform plans as Europe's biggest economy looks to boost spending and revive growth. The pan-European STOXX 600 was up 0.3% as of 0838 GMT.
UK's Takeover Panel extends deadline for firm offer for Assura to April

1 month ago | today.westlaw.com | Maju Samuel

(Reuters) - Assura on Friday said Britain's Takeover Panel has extended the deadline for U.S. private equity group KKR and Stonepeak Partners to announce a firm offer to acquire the British healthcare real estate investment trust to April 11.
Healthcare Helps European Shares Rise; Trade War Worries Prevail

1 month ago | gurutrade.com | Nikhil Sharma |Mrigank Dhaniwala |Maju Samuel

Allegro up as it sees rising 2025 earnings IG Group rises after 12% jump in quarterly revenue Truck shares slide on U.S. reversal of EV rules STOXX up 0.4% March 13 (Reuters) - European shares edged up on Thursday, supported by a rise in healthcare stocks, though investor worries prevailed about U.S. President Donald Trump aggravating a full-blown global trade war.
European Shares Rise, Ukraine Ceasefire Hopes Lift Sentiment

1 month ago | gurutrade.com | Nikhil Sharma |Rashmi Aich |Maju Samuel

Zealand Pharma jumps on Roche collaboration deal Porsche down as trade tensions to hit its earnings Puma tumbles after disappointing outlook STOXX up 0.9% March 12 (Reuters) - European shares jumped on Wednesday following four sessions of declines after Ukraine accepted a U.S. proposal for a 30-day ceasefire with Russia. The pan-European STOXX 600 (.STOXX), opens new tab was up 0.9%, as of 0933 GMT. "There is some optimism as news is hitting the wires.

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