Finance

Commerzbank CEO sees likely revenue hit in ‘unfriendly’ UniCredit deal

Commerzbank CEO sees likely revenue hit in ‘unfriendly’ UniCredit deal

FRANKFURT (Reuters) -Commerzbank CEO Bettina Orlopp on Wednesday labelled UniCredit’s approach for a potential merger as “unfriendly” and said that any deal would likely hurt re...

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Meta Wants AI-Powered Smart Glasses to Drive New Growth

Meta Wants AI-Powered Smart Glasses to Drive New Growth

David Paul Morris / Bloomberg / Getty Images During Meta’s earnings call in July, CEO Mark Zuckerberg said he sees AI glasses becoming the “main way that we integrate superintelli...

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Exclusive-Vitol and Glencore set to make formal bids for Chevron’s Singapore refinery stake, sources say

Exclusive-Vitol and Glencore set to make formal bids for Chevron’s Singapore refinery stake, sources say

By Trixie Yap, Yantoultra Ngui and Chen Aizhu SINGAPORE (Reuters) – Global commodities traders Vitol and Glencore are expected to make formal bids for Chevron’s 50% stake in Singapore&...

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Quantexa Launches Platform to Reduce Stablecoin Strain on Small Banks

Quantexa Launches Platform to Reduce Stablecoin Strain on Small Banks

Quantexa, a data and analytics software firm, introduced a product on Wednesday that’s intended to help smaller financial institutions fight crypto-powered crime in the U.S. The London-based compa...

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Foxconn Interconnect joint venture to start building Middle East factory in December

Foxconn Interconnect joint venture to start building Middle East factory in December

TAIPEI (Reuters) -Foxconn Interconnect Technology’s (FIT)’s Saudi Arabian joint venture will start constructing its first manufacturing base in the Middle East in December that will m...

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