Synopsys' $35 bln Ansys deal under UK regulator scrutiny

UK's competition watchdog said on Monday it was looking into whether chip design software maker Synopsys' $35 billion acquisition of Ansys would affect competition in Britain.

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Synopsys' $35 bln Ansys deal under UK regulator scrutiny  UK's competition watchdog said on Monday it was looking into whether chip design software maker Synopsys' $35 billion acquisition of Ansys would affect competition in Britain.

X hit with Austrian data use complaint over AI training  Austrian advocacy group NOYB on Monday filed a complaint against social media platform X accusing the Elon Musk-owned company of training its artificial intelligence (AI) with users' personal data without their consent in violation of EU privacy law.

TSX futures gain on commodity boost, US CPI on tap  Futures linked to Canada's main stock index rose marginally on Monday as crude and metal prices gained, while investors exercised caution ahead of a key U.S. inflation data reading due later this week.

Japan's SMBC has raised stake in Jefferies Financial to nearly 11%  Jefferies Financial Group said on Monday that Japan's Sumitomo Mitsui Banking Corp (SMBC) has more than doubled its stake in the U.S. investment bank to 10.9%, deepening an alliance dating back to 2021.

Pfizer's RSV vaccine shows benefit in immuno-compromised adults in study  Pfizer said on Monday its respiratory syncytial virus (RSV) vaccine Abrysvo generated a strong immune response in a late-stage study of four groups of adults aged 18 and older with a compromised immune system.

OPEC cuts 2024 oil demand growth forecast, citing China  OPEC on Monday cut its forecast for global oil demand growth in 2024, citing weaker than expected data for the first half of the year and softer expectations for China, and also trimmed its expectation for next year.

Musk embraces Trump and scorns subsidies. But Tesla still lobbies for US benefits  When Elon Musk endorsed Donald Trump for president last month, the Tesla founder and chief executive backed a candidate who vows to "drill, baby, drill," "end the electric vehicle mandate" and reduce subsidies of the sort that helped Tesla become the U.S.'s dominant EV manufacturer.

Morning Bid: Markets pray inflation stays well behaved  A look at the day ahead in U.S. and global markets from Mike Dolan

Fed hawks and doves: The latest from US central bankers  Fed Chair Jerome Powell says policymakers think the time for cutting the policy rate is approaching. When and by how much is a subject of intense speculation.

Hedge funds retrench on risk, fearful of increased volatility  Portfolio managers at hedge funds have retrenched from some of their riskier positions after a volatile week for markets.

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