PRESS DIGEST -Wall Street Journal - January 29

Reuters
01/29
PRESS DIGEST -Wall Street Journal - January 29

Jan 29 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Russia's No. 2 oil producer Lukoil LKOH.MM said it had agreed to sell most of its foreign assets worth a total of around $22 billion to U.S. private equity firm Carlyle Group CG.O pending approval from the U.S. government.

- Tesla TSLA.O said it would invest $2 billion in Elon Musk's private artificial-intelligence firm xAI, after shareholders' views were mixed on the move.

- Alibaba's 9988.HK logistics arm plans to merge its autonomous-driving unit with a Chinese robovan company, creating a business valued around $2 billion.

- Billionaire media and tech investor Barry Diller approached Warner Bros. Discovery WBD.O last year, expressing interest in buying CNN.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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