Samuel Nwite
AUTHOR: Samuel Nwite
EQT Agrees to Buy Qiagen for €9.6 Billion, Ending Years of Takeover Speculation
Swedish private-equity firm EQT has agreed to acquire molecular diagnostics company Qiagen for approximately €9.6 billion ($10.78 billion), bringing an end to years of...
Global Stocks Fall as AI Spending Fears Return, Oil Surges to $112 on Gulf...
Global stocks fell on Thursday as renewed concerns about the financial returns on artificial intelligence investments overshadowed strong technology earnings, while escalating tensions in...
TSMC Seeks Rare-Earth-Free Factory Equipment as China’s Export Controls Threaten Chip Supply Chains
Taiwan Semiconductor Manufacturing Co. (TSMC) is exploring alternatives to rare-earth components used in its factory equipment as concerns grow that China’s export restrictions could...
Barclays to Cut 5,000 Jobs as AI Productivity Push Accelerates Banking Restructuring
Barclays plans to cut 5,000 jobs, equivalent to around 5% of its full-time workforce, as the British lender steps up efforts to reduce operating...
Rupee Extends Eight-Day Rally as Jio’s $3.2 Billion IPO Boosts Foreign Inflows
India’s rupee strengthened for an eighth consecutive session on Thursday, supported by foreign investment linked to Reliance Industries’ Jio Platforms’ record-breaking initial public offering...