Finance

GE Healthcare exploring stake sale in China unit, Bloomberg News reports

GE Healthcare exploring stake sale in China unit, Bloomberg News reports

(Reuters) – Medical device maker GE Healthcare is working with advisers to explore options including the sale of a stake in its China unit, Bloomberg News reported on Thursday, citing peopl...

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Nvidia’s $5 billion bet on Intel

Nvidia’s $5 billion bet on Intel

(Reuters) –Nvidia said on Thursday it will invest $5 billion in Intel, throwing its heft behind the struggling U.S. chip foundry weeks after the White House engineered a deal for the U.S. go...

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Nestle’s new chairman Isla brings Zara magic to Nescafe maker’s turnaround

Nestle’s new chairman Isla brings Zara magic to Nescafe maker’s turnaround

By John Revill and Helen Reid (Reuters) -Nestle’s new chairman Pablo Isla, who helped to turn Zara owner Inditex into a world-leading fast-fashion retailer, can use his expertise in logisti...

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Financial data firm FactSet profit forecast misses estimates amid cautious spending

Financial data firm FactSet profit forecast misses estimates amid cautious spending

(Reuters) -FactSet on Thursday forecast annual adjusted profit below Wall Street estimates amid ongoing macroeconomic uncertainty that has made investors and clients more cautious about discrenti...

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Nvidia to invest $5 billion in Intel; companies will work together on products for data centers, PCs

Nvidia to invest $5 billion in Intel; companies will work together on products for data centers, PCs

NEW YORK (AP) — Chipmaker Nvidia announced a new partnership with semiconductor company Intel on Thursday. Nvidia and Intel will team up to work on custom data center and personal computer produc...

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AmEx upgrades Platinum cards with $3,500 annual perks, hikes fee by $200

AmEx upgrades Platinum cards with $3,500 annual perks, hikes fee by $200

By Niket Nishant (Reuters) -American Express unveiled long-awaited upgrades to its U.S. Platinum cards on Thursday, adding new perks worth over $3,500 annually while raising the annual fee by $200...

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