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14 May

UAE telecoms group e& buys 9.8% stake in Vodafone for $4.4 billion

DUBAI (Reuters) -Emirates Telecommunications Group Company PJSC, now known as e&, has acquired a 9.8% stake in Vodafone for $4.4 billion, it said on Saturday.

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14 May

Emirates Telecommunications acquires 9.8% stake in Vodafone

Emirates Telecommunications Group Company PJSC, now known as (e&), said on Saturday it has acquired a 9.8% stake in Vodafone for $4.4 billion.

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13 May

Used-car retailer Carvana sees significant core earnings for 2023

Carvana Co on Friday forecast significant core earnings for 2023, as the online used-car retailer spelled out plans to rein in spending on advertising, expansion and other areas to offset waning demand.

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14 May

Do spam bots really comprise under 5% of Twitter users? Elon Musk wants to know

Since 2013, Twitter has downplayed the spread of fake accounts on its platform, holding that "false or spam" accounts make up less than 5% of its user base even as independent researchers said the number could be three times higher.

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13 May

Goldman Sachs boosts recruiting team in push to meet diversity goals

Goldman Sachs Group Inc has doubled its diversity recruiting team and increased its budget by $10 million to help meet its goals to add more women, Blacks and Latinos to its workforce, Chief Diversity Officer Megan Hogan told Reuters on Friday.

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14 May

Aircraft lessor SMBC Aviation nears $7 billion deal for rival Goshawk, sources say

SMBC Aviation Capital, one of the world's biggest aircraft lessors, is nearing a deal to acquire smaller rival Goshawk for about $7 billion, including debt, people familiar with the matter said on Friday.

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13 May

Judge OKs $16 million fine against Kraft, Mondelez to settle CFTC complaint, agency says

A federal judge on Friday ordered food consumer companies Kraft Heinz and Mondelez International pay a $16 million fine as part of a settlement with the U.S. Commodity Futures Trading Commission, the agency said.

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