May 13 (Reuters) - China's Tencent Music Entertainment Group ( TME ) beat first-quarter revenue estimates on Monday, thanks to steady growth in paid subscriptions and advertising services on its Spotify-like music streaming platform. The audio entertainment platform reported revenue of 6.77 billion yuan ($935.88 million) in the first quarter. Analysts were expecting revenue of 6.63 billion yuan, according to...

05:04 AM EDT, 05/13/2024 (MT Newswires) -- Avis Budget Group ( CAR ) said Monday it intends to offer 200 million euros ($215.7 million) of additional 7.25% senior notes due 2030 in a private offering. The debt issue will be in addition to 400 million euros of 7.25% senior notes due 2030 that were already issued. The company intends to...

May 13 (Reuters) - The U.S. auto safety regulator said on Monday it was opening a preliminary evaluation into an estimated 500 Zoox vehicles, Amazon's ( AMZN ) self-driving car unit, over reports of vehicles equipped with Automated Driving System unexpectedly braking, leading to rear-end collisions. ...

May 13 (Reuters) - Banco BTG Pactual's first-quarter adjusted net income jumped 28% from the same period last year to reach 2.89 billion reais ($560.31 million), the Brazilian bank said on Monday. Revenue for the largest investment bank in Latin America also grew around 23% to 5.89 billion reais ($1.14 billion). ($1 = 5.1579 reais) ...