NEW YORK (Reuters) – U.S. stocks jumped on Monday as the technology sector led a broad-based rebound after five straight sessions of losses, but the Dow’s advance was limited by a fall in Boeing shares following a fatal airline crash in Ethiopia. The Dow Jones Industrial Average rose 200.64 points, or 0.79 percent, to 25,650.88, […]

(Reuters) – U.S. chip supplier Nvidia Corp has agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion, beating rival Intel Corp in a deal that would help the firm boost its data centre and artificial intelligence business. The all-cash offer of $125 per share represents a premium of 14 percent to Mellanox’s […]

(Reuters) – Wells Fargo & Co Chief Executive Tim Sloan will tout the scandal-plagued bank’s progress in repaying wrongly charged customers and highlight changes to its risk management in testimony to U.S. lawmakers on Tuesday, according to prepared remarks. Since 2016, Wells Fargo has reviewed 165 million accounts, contacted more than 40 million customers and […]

Mothercare – who aren’t usually famed for their bargains – have just launched a huge half price sale. Appearing both in stores and on the Mothercare website, the 50% off deal includes a vast array of baby clothes, as well as everything from pushchairs, feeding products, toys and car seats. Originally spotted by MoneySavingExpert, unsurprisingly […]

(Reuters) – Electric carmaker Tesla Inc backed off its plan to close all of its U.S. stores in a blog post here and instead will raise prices of its high-end vehicles by about 3 percent on average, as it strives for profitability. The company said late Sunday that it would now be closing only about […]

Just days after announcing that it would close most of its stores, Tesla said late Sunday that it had decided to keep “significantly more stores open” than previously announced. The electric-car maker also said it would raise most of its vehicle prices about 3 percent worldwide. The flip-flop on the fate of the sleek stores […]

Just like cheating at Monopoly to bag a few extra quid, there’s an equally as sneaky way to bag yourself a white chocolate creme egg. With Cadbury’s offering lucky finders of the white version of their iconic eggs a huge £10,000 in same cases, there’s a cheap and easy way to find out what colour […]

London-listed United Oil & Gas has acquired its first African license. The license was acquired with the signing of an option agreement with Elephant Oil to farm in to their Block B onshore acreage in Bénin, West Africa. United will potentially be taking a 20pc interest in the production sharing agreement (“PSC”).  The block is […]

SINGAPORE (Reuters) – Oil prices rose on Monday, lifted by Saudi oil minister Khalid al-Falih saying an end to OPEC-led supply cuts was unlikely before June and a report of falling U.S. drilling activity. Despite this, markets were somewhat held back after U.S. employment data raised concerns that an economic slowdown in Asia and Europe […]

SEOUL/TOKYO (Reuters) – SoftBank Group Corp has expanded its appetite for early-stage startups, with a venture capital unit set to launch its biggest fund for early investments as it opens new offices in Asia. The global fund from newly rebranded Seoul-based SoftBank Ventures Asia will be worth as much as $500 million and could launch […]