RECORDS

EXCLUSIVE Tencent seeks bigger stake in 'Assassin's Creed' maker Ubisoft -sources

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to increase its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots to the global gaming market. the games, four sources with direct knowledge of the matter told Reuters. China’s largest gaming and social media firm, which …

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Fed officials beat inflation drum; 50-basis-point rate hike 'reasonable' next month

Fed officials beat inflation drum; 50-basis-point rate hike ‘reasonable’ next month

Aug 3 (Reuters) – Federal Reserve officials on Wednesday again expressed their determination to rein in high inflation, though one noted that a half percentage point hike in the U.S. central bank’s key interest rate next month would could be enough to move towards that goal. “I go from the idea that 50 (basis points) …

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Stephen King going to bat for U.S. gov't in case against book publishing mega-merger

Stephen King going to bat for U.S. gov’t in case against book publishing mega-merger

WASHINGTON, Aug 1 (Reuters) – The U.S. Justice Department asked a federal judge on Monday to block a $2.2 billion merger of two “Big Five” book publishers, Penguin Random House and Simon & Schuster. dollars, in a trial expected to feature testimony from horror writer Stephen King. “It’s real money for real people,” said Justice …

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Exclusive: Cassava Sciences faces U.S. criminal probe tied to Alzheimer's drug, sources say

Exclusive: Cassava Sciences faces U.S. criminal probe tied to Alzheimer’s drug, sources say

WASHINGTON, July 27 (Reuters) – The U.S. Justice Department has opened a criminal investigation into Cassava Sciences Inc over whether the biotech company rigged research results for its experimental Alzheimer’s drug, two people familiar with the matter said. the investigation. The Justice Department staff conducting the Cassava investigation, based in Austin, Texas, specialize in examining …

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Cryptoverse: What crisis? Venture capitalists bet big on crypto

Cryptoverse: What crisis? Venture capitalists bet big on crypto

A stock chart is seen with a representation of bitcoin in this illustration taken on March 13, 2020. REUTERS/Dado Ruvic/ Sign up now for FREE unlimited access to Reuters.com Record July 26 (Reuters) – Not all is doom and gloom. Even as the cryptocurrency sector shivers in the bleak winter, venture capitalists are pouring money …

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