03:04 PM EST, 02/13/2025 (MT Newswires) -- Payoneer Global ( PAYO ) said Thursday it has obtained required regulatory approvals in China for its acquisition of a licensed payment service provider based in the country. The company said it expects the deal to close in H1, subject to customary closing conditions. Payoneer shares were up 2.6% in recent trading. Price:...

WASHINGTON/SINGAPORE/TAIPEI (Reuters) -The White House is seeking to renegotiate U.S. CHIPS and Science Act awards and has signaled delays to some upcoming semiconductor disbursements, two sources familiar with the matter told Reuters. The people, along with a third source, said the new administration is reviewing the projects awarded under the 2022 law, meant to boost American domestic semiconductor output with...

02:51 PM EST, 02/13/2025 (MT Newswires) -- Prudential (PUK) has hired Citigroup ( C ) as it works on a potential initial public offering of its ICICI Prudential Asset Management unit in India, Bloomberg reported Thursday, citing people familiar with the matter. The IPO could raise about $1 billion, but the details may change and other banks are likely to...

02:56 PM EST, 02/13/2025 (MT Newswires) -- Wayfair's ( W ) Q4 sales are likely to be flattish but ahead of consensus estimates and Q1 sales guidance to be flat to slightly up, indicating a potential acceleration in growth, UBS Securities said in a note emailed Thursday. The firm said that it believes the company has significant opportunities to improve...