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NEW YORK Oil prices climbed about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer driving season, as the European Union (EU) wrangled with Hungary over plans to ban crude imports from Russia over its invasion of Ukraine.
Broadcom Inc said on Thursday it will acquire cloud computing company VMware Inc in a US$61 billion cash-and stock deal, the chipmaker's biggest and boldest bid to diversify its business into enterprise software.
(Reuters) - After unprecedented revenue growth last year, digital platforms including Alphabet Inc, Meta Platforms Inc, Snap Inc and Twitter Inc now face a sobering reality as pandemic-driven advertising trends dissipate, according to an analyst report on Thursday.
(Reuters) - Polish video game maker CD Projekt more than doubled its first-quarter net profit, helped by a pick up in sales of its flagship "Cyberpunk 2077" game after months spent fixing glitches.
WASHINGTON: Federal Reserve (Fed) officials agreed at their gathering this month that they need to raise interest rates in half-point steps at their next two meetings, continuing an aggressive set of moves that would leave them with flexibility to shift gears later if needed.
SHANGHAI: Shanghai-based Chinese budget carrier Spring Airlines launched a two-dimensional mobile suited female figure amid a campaign to attract more young consumers as domestic airlines cope with Covid-related turbulence.