BENGALURU (Reuters) – Walt Disney has struck a deal to sell its stake in Tata Play, valuing Indian conglomerate Tata Group’s satellite TV provider at about $1 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter. The stake sale news comes as the U.S.-based media giant looks to focus on its merger…
(Reuters) -Analog Devices forecast third-quarter revenue above Wall Street expectations on Wednesday, helped by a rise in demand for its automotive and industrial chips after a prolonged slump, sending its shares up nearly 6% in premarket trading. The company expects revenue of $2.27 billion, plus or minus $100 million, compared with estimates of $2.16 billion,…
By Greg Bensinger (Reuters) -Amazon.com investors voted against all 14 resolutions that asked the retailer to disclose more about its carbon emissions and its directors’ donations, and to form a committee to oversee artificial-intelligence development, among other issues. Amazon announced the preliminary vote at its annual shareholder meeting on Wednesday, where all 12 directors were…
By Simon Lewis, Humeyra Pamuk and Patricia Zengerle WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken on Wednesday urged Egypt to do everything it can to make sure humanitarian aid is flowing into Gaza as food and medicine bound for the strip piles up on the Egyptian side. Blinken told a hearing in the House…
