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Tuesday, November 25, 2025
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Wall Street brokerages start Reddit coverage with skepticism on user growth

By Siddarth S (Reuters) - J.P.Morgan and Morgan Stanley started coverage on Reddit with equivalent to "hold" ratings, as they wait for clarity on the social media company's user growth, while staying

Clearlake sweetens offer to buy out Blackbaud to $4.3 billion

(Reuters) -Blackbaud's largest shareholder Clearlake Capital Group has made a fresh buy-out offer that values the cloud software provider at $4.3 billion, the company said on Monday. The raised offer

Factbox-US, Canadian companies kick off 2024 with layoffs

(Reuters) -Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to

Meta to temporarily shut down social media platform Threads in Turkey

(Reuters) -Meta Platforms said on Monday it would temporarily shut down its social media platform Threads in Turkey from April 29 to comply with an interim order of the Turkish competition authority.

Clearlake raises offer for Blackbaud to $4.3 billion

(Reuters) - Clearlake Capital Group said on Monday it had made a fresh offer to buy Blackbaud in an all-cash deal that values the software provider at $4.3 billion. The new, raised offer values each

Bulls jump deeper into copper amid supply challenges, AI-fueled demand

SANTIAGO (Reuters) -Copper's bull run should continue for at least the next three years, fueled by global supply challenges and hot demand for the metal to power energy transition and artificial

More than 250 websites selling fake weight-loss drugs reported by anti-counterfeit firm

By Patrick Wingrove (Reuters) - The cybersecurity firm BrandShield has taken down more than 250 websites selling fake versions of popular weight-loss and diabetes drugs in the GLP-1 class, the company

Coinbase asks to appeal part of case against US SEC

WASHINGTON (Reuters) - Coinbase asked two courts for permission on Friday to appeal part of its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) in an effort to more quickly

Hong Kong gives initial approval to first bitcoin, ether spot ETFs, say funds

By Summer Zhen and Jason Xue HONGKONG/SHANGHAI (Reuters) -Hong Kong conditionally approved its first spot bitcoin and ether exchange traded funds (ETFs) on Monday, money managers said, paving the way

US to award Samsung $6.4 billion in grants for Texas chip production complex

By Leah Douglas (Reuters) - The Biden administration will award up to $6.4 billion in grants to South Korea's Samsung to expand its chip production in central Texas as part of a broader effort to

On Camera

Worker exploitation powers the firework industry in Tamil Nadu’s Sivakasi

For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.

172 countries & counting, India looks to hit new record in rice exports. But there’s a flip side

The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.

India and France to jointly manufacture HAMMER air-to-surface missile

Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.