11:15 AM EDT, 04/15/2024 (MT Newswires) -- BlackRock ( BLK ) and Reliance Group's Jio Financial Services entered into a new joint venture to run a wealth management and broking business in India, Reuters reported Monday. The new joint venture, which was set up less than a year after the companies launched their asset management business, will incorporate a wealth...

April 15 (Reuters) - Investors of Halliburton ( HAL ) and Baker Hughes ( BKR ) are likely to pile up pressure on the top U.S. oilfield service companies to follow the steps of bigger rival SLB in beefing up their portfolios through deals, industry experts said. SLB made a nearly $8 billion bid for ChampionX ( CHX ) earlier...

BRUSSELS (Reuters) - U.S. chipmaker Broadcom ( AVGO ) is being asked by EU antitrust regulators about changes to newly acquired cloud computing company VMware's licensing conditions following complaints from a spate of EU business users and a trade group. The EU competition enforcer said it had sent requests for information to Broadcom ( AVGO ) to investigate the issue. The...

WASHINGTON, April 12 (Reuters) - China is backing Russia's war effort in Ukraine by helping Moscow in its biggest military buildup since the Soviet era, providing drone and missile technology, satellite imagery and machine tools, senior U.S. officials said on Friday. However, the Chinese Embassy in the U.S. said it has not provided weaponry to any party, adding that it...