Stocks News

By Ernest Scheyder (Reuters) – General Motors Co will announce on Tuesday an investment in lithium technology startup EnergyX as it expands further into the mining industry, the latest deal by the auto giant to ensure long-term supplies of the metal used to make electric vehicle

(Reuters) – A U.S. appeals court on Tuesday revived a lawsuit alleging HP Inc defrauded shareholders by secretly using unprofitable tactics to boost sales of its printing supplies in 2015 and 2016.

(Reuters) – Air Canada said on Tuesday that Chief Financial Officer Amos Kazzaz would retire at the end of June and be replaced by former Bombardier Inc executive John Di Bert.

(Reuters) – U.S. stock index futures rose on Tuesday as investors awaited inflation data to gauge the Federal Reserve’s next policy moves, while caution prevailed ahead of the quarterly earnings season.

By Mike Scarcella (Reuters) – A group of video gamers on Monday filed a new legal challenge to Microsoft Corp’s $69 billion bid to buy “Call of Duty” maker Activision Blizzard Inc, after a U.S. judge last month rejected an earlier version of the antitrust lawsuit.

By Christopher Bing and Raphael Satter (Reuters) – An Israeli firm’s hacking tools have been used against journalists, opposition figures and advocacy organizations across at least 10 countries – including people in North America and Europe – according to new research published Tuesday by Microsoft Corp

By Anirban Sen and Mehnaz Yasmin (Reuters) – Mark Shafir, one of Citigroup Inc’s top dealmakers, is retiring after a career spanning over three decades during which he advised some of the world’s largest corporations on several landmark deals.

NEW YORK (Reuters) – HSBC Holdings plc’s U.S. unit has hired dozens of Silicon Valley Bank bankers led by David Sabow, who most recently led the technology and healthcare banking segment for the California-based bank that collapsed last month.

By Chris Prentice NEW YORK (Reuters) – Credit Suisse and the U.S. Securities and Exchange Commission (SEC) engaged in a months-long debate over the severity of reporting deficiencies that led the Swiss bank to delay its annual report last month.

By Stephanie Kelly (Reuters) – Oil prices edged higher on Tuesday as market participants weighed supply cuts from OPEC+ that would tighten the global market against concerns about further interest rate hikes potentially hurting demand.

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar paused for breath on Tuesday following its best rally this month against major peers as a resilient U.S. labour market bolstered the case for a Federal Reserve rate hike next month.

RIO DE JANEIRO (Reuters) – Brazil is analyzing the option of expanding an order for Swedish manufacturer Saab’s Gripen fighter jets, though the number of additional aircraft which could be bought has yet to be determined, Defense Minister Jose Mucio told Reuters Tuesday.

By Anthony Boadle BRASILIA (Reuters) – President Luiz Inacio Lula da Silva departed Brazil on Tuesday for an official visit to China, where he aims to convince President Xi Jinping to form a group of nations to mediate an end to Russia’s war with Ukraine.

ZURICH (Reuters) – Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees’ Association (SBPV) said on Monday, in an open letter to the country’s parliament.

By Medha Singh and Lisa Pauline Mattackal

TOKYO (Reuters) – SoftBank Group Corp Chief Executive Masayoshi Son will officially agree with Nasdaq this week to list British chip designer Arm Ltd, the Financial Times said on Tuesday, citing two unnamed people familiar with the situation.

(Reuters) – Blackstone Inc said on Tuesday it had raised $30.4 billion for its latest global real estate fund, as the private equity behemoth looks to double down on the industry.

By Blake Brittain (Reuters) – A U.S. appeals court handed Moderna Inc a win on Tuesday, affirming a decision to cancel an Arbutus Biopharma Corp patent related to the companies’ legal fight over Moderna’s blockbuster COVID-19 vaccines.

By Rajesh Kumar Singh CHICAGO (Reuters) – Major U.S. airlines are expected to reiterate the strength of travel demand when earnings season gets underway later this week.

By Aditya Kalra NEW DELHI (Reuters) – A group of Indian startups has asked a court to suspend Alphabet Inc Google’s new in-app billing fee system until the country’s antitrust body investigates the U.S. firm for alleged non-compliance with its directives, a legal filing showed.