Shounak Dasgupta

Bangalore

Senior Desk Editor at Reuters

@Reuters desker | views own; retweets and likes ≠ endorsement

Featured in: Favicon

reuters.com Favicon

msn.com

nytimes.com Favicon

dailymail.co.uk Favicon

huffpost.com Favicon

yahoo.com (+3) Favicon

usnews.com Favicon

venturebeat.com Favicon

investing.com Favicon

livemint.com + 85 more

Articles

UK's FTSE 100 Slips as Bunzl's Forecast Cut Weighs on Market

1 week ago | gurutrade.com | Nikhil Sharma |Shounak Dasgupta

Bunzl lowers 2025 operating margin forecast Oxford Instruments rises on annual profit outlook UK inflation slows to 2.6% in March from February's 2.8% FTSE 100 down 0.3%, FTSE 250 down 0.5% April 16 (Reuters) - Britain's benchmark index slipped on Wednesday as Bunzl's shares hit a multi-year low after the business supplies distributor lowered its annual forecast, while a softer domestic inflation print did little to aid investor sentiment.
Google slashes business software prices for US federal agencies

2 weeks ago | today.westlaw.com | Arsheeya Bajwa |Shounak Dasgupta

(Reuters) - Google will offer steep discounts to U.S. federal agencies for its business apps package as the company looks to capitalize on the Trump administration's cost-cutting push and chip away at Microsoft's longstanding grip on the government...
Walgreens beats profit estimates ahead of Sycamore Partners deal

2 weeks ago | today.westlaw.com | Sneha K |Christy Santhosh |Shounak Dasgupta

(Reuters) -Walgreens, which is in the process of being taken private by Sycamore Partners, beat Wall Street estimates for quarterly profit as the pharmacy chain operator benefited from a turnaround effort that included closing underperforming stores....
Yum Brands CEO David Gibbs to retire in 2026

3 weeks ago | today.westlaw.com | Anil D'Silva |Anuja Bharat Mistry |Shounak Dasgupta

(Reuters) -KFC parent Yum Brands said on Monday that CEO David Gibbs would retire next year after more than five years in the role. The board has established a succession planning committee to appoint the next CEO, Yum Brands said, adding Gibbs would...
CoreWeave Set to Climb 18% in Debut, on Track for $27B Valuation

3 weeks ago | gurutrade.com | Manya Saini |Niket Nishant |Shounak Dasgupta

Company downsized IPO, priced below range Investors flag heavy Microsoft reliance Debut to test AI demand amid IPO uncertainty Stock indicated to open above $40 IPO price March 28 (Reuters) - CoreWeave's shares were set to open nearly 18% above their offer price in their Nasdaq debut on Friday, giving the Nvidia-backed AI infrastructure firm a potential valuation of $27.4 billion on a fully diluted basis.
Novo Nordisk to license obesity drug from Lexicon in up to $1 billion deal

3 weeks ago | today.westlaw.com | Sneha K |Anil D'Silva |Shounak Dasgupta

(Reuters) -Novo Nordisk is licensing Lexicon Pharmaceuticals' experimental obesity drug in a deal worth up to $1 billion, the Danish drugmaker's second deal this week, as it looks to strengthen the pipeline of its weight-loss treatments.
ENN Group looks to takeover ENN Energy, values it at $11.6 billion

4 weeks ago | today.westlaw.com | Rishav Chatterjee |David Evans |Shounak Dasgupta

(Reuters) - Chinese billionaire Wang Yusuo's ENN Group is aiming to buy the rest of clean energy company ENN Energy, valuing the firm at HK$90.50 billion ($11.64 billion), with the aim of streamlining operations in its natural gas business
Merck Buys Rights to Heart Disease Drug in Latest China Deal

1 month ago | gurutrade.com | Sriparna Roy |Shounak Dasgupta |Shinjini Ganguli

March 25 (Reuters) - Merck has signed a licensing agreement for a heart disease drug with Jiangsu Hengrui Pharmaceuticals worth up to $2 billion, the latest in a series of deals U.S. drugmakers have recently signed with China-based firms. Large drugmakers including Merck and Eli Lilly have turned to Chinese biotechs for deals that give them access to new drugs for a cheaper investment, analysts have said.
Energy, Homebuilders Boost UK's FTSE 100 ahead of Budget Update

1 month ago | gurutrade.com | Ragini Mathur |Shounak Dasgupta

FTSE 100 up 0.6%, FTSE 250 rises 0.6% UK housebuilders up on government's 2-billion-pound pledge Investors await UK inflation, US PCE index data March 25 (Reuters) - The UK's FTSE 100 rose on Tuesday, with homebuilder and energy stocks leading the charge, while investors awaited a slew of economic data and a budget update due later in the week. The blue-chip FTSE 100 was up 0.6%, while the midcap FTSE 250 index also rose 0.6% at 1037 GMT.
Shareholders of Thailand's Intouch approve merger with Gulf Energy

1 month ago | today.westlaw.com | Louise Heavens |Roshan Thomas |Shounak Dasgupta |Susan Fenton

(Reuters) - Shareholders of Thailand-based telecoms operator Intouch Holdings gave their backing on Tuesday to a planned $25 billion merger with billionaire Sarath Ratanavadi's Gulf Energy, although the deal is still complicated by the need for...