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FactSet beats profit estimates on strong demand for its analytical tools

(Reuters) - FactSet Research Systems reported a higher-than-expected fourth-quarter profit on Thursday, as more traders signed up for its financial data and analytics in anticipation of the U.S.

US-listed crypto stocks jump after bumper rate cut from Fed

By Niket Nishant (Reuters) - U.S.-listed crypto shares jumped before the open on Thursday after a half-percentage point interest rate cut sparked a flight into risky assets, adding to the momentum of

EU antitrust regulators to spell out how Apple must open up to rivals

By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators launched proceedings on Thursday to ensure that Apple complies with landmark rules requiring it to open up its closed ecosystem to rivals or

EU tells Apple how to open up to rivals, to spell out how

By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators launched proceedings on Thursday to ensure that Apple complies with landmark rules requiring it to open up its closed ecosystem to rivals or

Intel says it has no plans to divest majority stake in Mobileye

(Reuters) -Struggling chipmaker Intel said on Thursday it had no plans to divest a majority stake in Mobileye, sparking an 8% rise in the self-driving tech firm's shares in premarket trading. Shares

DCM Ventures to exit China’s Kuaishou via $479 million placement

By Summer Zhen HONG KONG (Reuters) - DCM Ventures is seeking to sell all its remaining shares in Chinese short video platform Kuaisohu Technology to raise up to $479 million, a term sheet seen by

Booking.com’s price curbs on hotels may hinder competition, EU top court says

By Foo Yun Chee BRUSSELS (Reuters) - Booking.com's restrictions against hotels offering lower rates on their websites or on rival sites are unnecessary and could reduce competition, Europe's top court

Nintendo, Pokemon Co sue ‘Palworld’ maker for patent infringement

TOKYO (Reuters) -Nintendo and The Pokemon Company have filed a patent infringement lawsuit against the maker of survival adventure game "Palworld", the companies said on Thursday. The lawsuit, filed

Dutch competition regulator wants more power after EU drops probe of Microsoft’s Inflection takeover

AMSTERDAM (Reuters) - The Dutch market regulator said on Thursday it needed more powers to investigate deals at its own level, a day after the European Union antitrust regulators said they would not

EU antitrust regulators tell Apple how to comply with tech rules

BRUSSELS (Reuters) - EU antitrust regulators on Thursday launched proceedings to ensure that Apple complies with landmark rules requiring it to open up its closed ecosystem to rivals. Under the

On Camera

Drop that cigarette. Smokers are twice as likely to develop skin cancer compared to non-smokers

A noticeable effect of smoking is premature aging. Studies indicate that the skin biopsy of a 40-year-old heavy smoker can resemble that of a 70-year-old non-smoker.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?