India’s bank, insurance regulators not inclined to allow commodity derivative investments, SEBI says
A man walks past a Rupee installation at the Reserve Bank Of India (RBI) headquarters in Mumbai, India, April 8, 2026. REUTERS May 4 (Reuters) – The Reserve Bank of India and the Insurance Regulatory and Development Authority of India are not inclined to allow banks and insurance companies to invest in commodity derivatives, the […]
Stocks gain in Asia, oil flat amid new Gulf proposals
Bull statues near screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, February 3, 2026. REUTERS SYDNEY, May 4 (Reuters) – Shares edged higher while oil prices flatlined in Asia on Monday as investors drew comfort from signs of patchy progress in settling the Middle East conflict […]
Samsung Electronics appoints new TV chief amid mounting competition
Global CMO at Samsung Electronics Won-Jin Lee attends the Allen and Company Sun Valley Media and Technology Conference at The Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2025. REUTERS SEOUL, May 4 (Reuters) – Samsung Electronics, the world’s No. 1 TV maker, has replaced its TV head for the first time in […]
Anthropic nears $1.5 billion AI joint venture with Wall Street firms, WSJ reports
Anthropic logo is seen in this illustration taken March 1, 2026. REUTERS (Reuters) – Anthropic is finalizing an about $1.5 billion joint venture with Blackstone Goldman Sachs and a handful of other Wall Street firms to sell artificial-intelligence tools to private-equity-backed companies, the Wall Street Journal reported on Sunday, citing people familiar with the matter. […]
China robot-hand-building unicorn Linkerbot targets $6 billion valuation
An ensemble of humanoid robots produced by Linkerbot is set up with musical instruments at the company’s office in Beijing, China, April 27, 2026. REUTERS BEIJING, May 4 (Reuters) – Chinese robotics startup Linkerbot, the global market leader in highly dexterous robotic hands for humanoids, will seek a $6 billion valuation in its next financing […]
GameStop makes bold $56 bln play for eBay, ready to go hostile
The eBay logo is displayed at the eBay booth during CES 2026, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S., January 6, 2026. REUTERS (Reuters) – GameStop proposed on Sunday to buy eBay Inc for about $56 billion in a cash-and-stock deal, with CEO Ryan Cohen saying he was prepared to take […]
Singapore and NZ sign deal to keep supply chains open, say they are open to interest from other countries
New Zealand’s Prime Minister Christopher Luxon speaks as he attends the ASEAN – New Zealand Commemorative Summit during the 47th Association of Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur, Malaysia, on October 28, 2025. LILLIAN SUWANRUMPHA/Pool via REUTERS SINGAPORE, May 4 (Reuters) – The leaders of Singapore and New Zealand signed an agreement to […]
Morning Bid: Opening the Strait, or maybe not
Ships and boats in the Strait of Hormuz, Musandam, Oman, May 1, 2026. REUTERS May 4 (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. A new week and we’re back to Strait watching. That’s the Strait of Hormuz and everyone’s a shipping expert these days. So President […]
Ather Energy posts narrower quarterly loss
Workers assemble Ather 450X electric scooter inside Ather Energy’s manufacturing facility in Hosur in southern state of Tamil Nadu, India, March 23, 2025. REUTERS May 4 (Reuters) – India’s Ather Energy The Bengaluru-based company reported a loss of 1 billion rupees ($10.54 million) for the quarter ended March 31, down from a loss of 2.34 […]
Spirit says most customers refunded after abrupt shutdown
Passengers walk at Orlando International Airport, as Spirit Airlines announced it was ceasing operations early Saturday morning following an impasse in talks with some creditors on a $500 million government bailout plan, in Orlando, Florida, U.S., May 2, 2026. REUTERS NEW YORK, (Reuters) – Spirit Airlines said on Sunday it had almost completed refunding […]