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Illumina closes $7.1 bln deal for cancer test maker Grail amid regulatory hurdles
September 2, 2021August 27, 2021 bgtvspotnet

Illumina closes $7.1 bln deal for cancer test maker Grail amid regulatory hurdles

Business

Illumina Inc (ILMN.O) has completed its $7.1 billion acquisition of cancer detection test maker Grail Inc (GRAL.O), it said on Wednesday amid challenges posed by

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Cisco’s profit forecast disappoints on supply chain overhang
September 1, 2021August 27, 2021 bgtvspotnet

Cisco’s profit forecast disappoints on supply chain overhang

Business

Cisco Systems Inc’s (CSCO.O) first-quarter profit forecast fell short of estimates on Wednesday, with the network gear maker warning that supply chain issues would continue

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HSBC initiates legal proceedings against El Salvador claiming breach of treaty with UK
August 31, 2021August 27, 2021 bgtvspotnet

HSBC initiates legal proceedings against El Salvador claiming breach of treaty with UK

Business

HSBC Holdings (HSBA.L) said the banking group has initiated legal proceedings against El Salvador for what the company called a breach of the nation’s investment

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U.S. telecoms agency to probe T-Mobile data breach
August 30, 2021August 27, 2021 bgtvspotnet

U.S. telecoms agency to probe T-Mobile data breach

Business

The U.S. Federal Communications Commission (FCC) said late Wednesday it will investigate a data breach disclosed by T-Mobile US Inc (TMUS.O) impacting more than 47

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Ford will halt production at U.S. truck plant for week over chip shortage
August 29, 2021August 27, 2021 bgtvspotnet

Ford will halt production at U.S. truck plant for week over chip shortage

Business

Ford Motor Co (F.N) said Wednesday it will temporarily shutter its Kansas City assembly plant that builds its best-selling F-150 pickup truck due to a

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Minutes highlight a Fed split over labor market, bond-buying taper
August 28, 2021August 27, 2021 bgtvspotnet

Minutes highlight a Fed split over labor market, bond-buying taper

Business

Federal Reserve officials felt their employment benchmark for decreasing support for the economy “could be reached this year,” but appeared to disagree on other key

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Low-cost U.S. carrier Breeze Airways raises $200 million in new funding
August 27, 2021 bgtvspotnet

Low-cost U.S. carrier Breeze Airways raises $200 million in new funding

Business

The parent company of new low-cost U.S. air carrier Breeze Airways said on Wednesday it had closed a $200 million Series B funding round led

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