Shreya Biswas

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Articles

FTSE 100 Closes at 3-wk Low as Sterling Climbs, Eyes on Mideast Conflict

4 days ago | gurutrade.com | Twesha Dikshit |Sruthi Shankar |Shreya Biswas

Spectris jumps to 16-month high Oil stocks rise, airlines drop British business activity grew in June - PMI June 23 (Reuters) - The UK's FTSE 100 closed at a more than three-week low on Monday as a stronger pound dented shares of international firms, while investors looked for any signs of escalation in the ongoing Middle East conflict. The internationally exposed FTSE 100 index dipped 0.2% to finish the session at its weakest level since May 30.
Haveli Investments to buy AI database firm Couchbase for about $1.5 billion

1 week ago | today.westlaw.com | Akash Sriram |Shreya Biswas

(Reuters) -Haveli Investments will acquire Couchbase for about $1.5 billion, the companies said on Friday, as the private equity firm looks to capitalize on the artificial intelligence-focused database company's platform.
Honda-backed Helm.ai unveils vision system for self-driving cars

1 week ago | cp24.com | Akash Sriram |Shreya Biswas

Honda Motor-backed Helm.ai on Thursday unveiled its camera-based system to interpret urban environments, dubbed Helm.ai Vision, and said it was in talks with other automakers to deploy its self-driving technology in mass-market vehicles. Helm.ai is working with the Japanese automaker to integrate its technology in the upcoming 2026 Honda Zero series of electric vehicles, which will allow users to drive hands-free and take their eyes off the road.
US closes probe into 2 million Nissan vehicles without seeking recall

1 week ago | today.westlaw.com | David Shepardson |Abhinav Parmar |Marguerita Choy |Shreya Biswas

WASHINGTON (Reuters) -A U.S. auto safety agency on Wednesday closed a seven-year-old investigation into 2.03 million Nissan Motor vehicles over issues related to rear suspension control arm failure without seeking a recall.
Sixth Street-backed Caris lifts IPO price range, eyes $5.7 billion valuation

1 week ago | today.westlaw.com | Pritam Biswas |Arasu Kannagi Basil |Bhanvi Satija |Shreya Biswas

(Reuters) - Cancer diagnostic firm Caris Life Sciences on Monday raised the proposed price range for its New York initial public offering, targeting a valuation of up to $5.67 billion and indicating a strong demand for fresh stock flotations.
Viper Energy fortifies Permian presence with $4.1 billion Sitio deal

3 weeks ago | today.westlaw.com | Tanay Dhumal |Shreya Biswas |Sriraj Kalluvila

(Reuters) -Viper Energy will buy Sitio Royalties in an all-stock deal valued at about $4.1 billion, the companies said on Tuesday, expanding the Diamondback Energy unit's presence across oil-rich shale regions such as the Permian Basin.
Digital banking startup Chime targets $11.2 billion valuation in US IPO

3 weeks ago | today.westlaw.com | Arasu Kannagi Basil |Manya Saini |Shreya Biswas

(Reuters) -Digital banking startup Chime Financial said on Monday it was targeting a valuation of up to $11.2 billion on a fully diluted basis in its long-awaited New York initial public offering, underscoring the growing momentum in the new listings...
Factbox-JPMorgan executives take center stage with succession, tariffs in focus

1 month ago | today.westlaw.com | Niket Nishant |Shreya Biswas

(Reuters) -JPMorgan Chase's top brass will take center stage at its investor day on Monday, with tariffs and a succession plan once again in focus. Investors will be watching closely for signals on CEO Jamie Dimon's succession, as a slew of executives...
First blood test to detect Alzheimer's disease cleared by U.S. FDA

1 month ago | cp24.com | Christy Santhosh |Shreya Biswas |Shailesh Kuber

The U.S. Food and Drug Administration said on Friday it had cleared Fujirebio Diagnostics' blood test to diagnose Alzheimer's disease, making the test the first of its kind to detect the condition. The blood test, branded as Lumipulse, will initially likely be used to rule out Alzheimer's, with positive results signaling the need for more advanced diagnostics.
Delta, Korean Air to buy 25% Stake in Canada's WestJet

1 month ago | gurutrade.com | Sameer Manekar |Shreya Biswas

May 9 (Reuters) - Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from private equity firm Onex Corp, the U.S. carrier said on Friday. The deal, where Delta will invest $330 million for a 15% stake in WestJet and Korean Air will invest $220 million for a 10% interest, deepens the airlines' presence in the North American market.