(Reuters) – Cox Enterprises said on Monday it has acquired digital media firm Axios as part of its ongoing efforts to further diversify the conglomerate. The financial terms of the deal were not disclosed. However, the New York Times earlier reported t…
Whirlpool to buy InSinkErator for $3 billion to beef up kitchen presence
By Nathan Gomes (Reuters) -Home appliance maker Whirlpool Corp said on Monday it would buy Emerson Electric Co’s InSinkErator unit, which makes waste disposal equipment and hot water dispensers, for $3 billion to beef up its kitchen equipment offerings…
French utility Veolia agrees to sell Suez UK assets to Macquarie for 2.4 billion euros
PARIS (Reuters) -French utility company Veolia confirmed it would sell Suez’s UK waste business to Australia’s Macquarie Group Ltd for around 2.4 billion euros ($2.4 billion), a deal aimed at resolving antitrust concerns. Earlier, Veolia said that it w…
Russia ready to facilitate IAEA visit to Zaporizhzhia nuclear plant
MOSCOW (Reuters) – Russia is ready to facilitate a visit by the International Atomic Energy Agency (IAEA) to Ukraine’s Zaporizhzhia nuclear plant, the RIA Novosti news agency quoted Russia’s permanent representative to international organisations in Vi…
Nvidia warns of lower second-quarter revenue on gaming weakness
By Nivedita Balu (Reuters) -Nvidia Corp on Monday warned its second-quarter revenue would drop by 19% from the prior quarter on weakness in its gaming business, sending the chip designer’s shares down about 8%. The company reported preliminary results …
Biden ‘concerned’ as China extends military drills around Taiwan
By Sarah Wu and Martin Quin Pollard TAIPEI (Reuters) -China announced new military drills around Taiwan on Monday, eliciting concern from U.S. President Joe Biden, a day after the scheduled end of Beijing’s largest exercises to protest last week’s visi…
Cenovus to buy remaining 50% stake in Toledo refinery from BP
(Reuters) -Cenovus Energy Inc will buy the remaining 50% stake it does not already own in Ohio-based BP-Husky Toledo Refinery for $300 million from British energy firm BP PLC, the Canadian company said on Monday. The deal marks a continuation of BP’s r…
Games-Muir’s time finally arrives as Scot wins 1,500m gold
(Reuters) – Laura Muir ended eight years of waiting by winning gold in the women’s 1,500 metres at the Commonwealth Games on Sunday and the Scot said her previous disappointments had only made her stronger. Muir had finished 11th in the 1,500m final in…
U.S. Senate approves bill to fight climate change, cut drug costs in win for Biden
By Richard Cowan, David Morgan and Rose Horowitch WASHINGTON (Reuters) -The U.S. Senate on Sunday passed a sweeping $430 billion bill intended to fight climate change, lower drug prices and raise some corporate taxes, a major victory for President Joe …
Firefighters battle wildfire on Croatian island after man dies
SARAJEVO (Reuters) – Croatian water-bomber planes joined dozens of firefighters on Sunday to help contain a wildfire that killed one man on the Adriatic island of Hvar, Croatian media reported. The fire, which broke out early in the afternoon, threaten…