Credit Suisse caught in market turmoil ahead of overhaul Shares fell 10% in early trading on Monday The Bank’s euro-denominated bonds hit historic lows Swiss bank says its capital and liquidity are strong ZURICH, October 3 (Reuters) – Credit Suisse (CSGN.S) Shares fell 10% on Monday, reflecting market concerns ahead of a restructuring plan due …
Credit Suisse shares slip despite moves to soothe investor concerns Read More »
The Ford logo is pictured at the Frankfurt Motor Show (IAA) 2019 in Frankfurt, Germany. REUTERS/Wolfgang Rattay Join now for FREE unlimited access to Reuters.com Register Sep 20 (Reuters) – Ford Motor Co’s (FN) Shares fell more than 12% on Tuesday in their biggest one-day drop in more than a decade after the automaker said …
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The Adobe logo is seen on the smartphone in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Sep 15 (Reuters) – Adobe Inc will buy start-up Figma for around $20 billion in its biggest deal, the Photoshop maker said on Thursday, developing apps that support online …
Adobe builds collaborative design muscle with $20 bln deal for Figma Read More »
The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 1 (Reuters) – New restrictions on Nvidia Corp’s edge chip exports (NVDA.O) to China signaled an escalating US crackdown on Beijing’s technological prowess and …
New U.S. curbs on sales of Nvidia AI chips to China spark selloff Read More »
Join now for FREE unlimited access to Reuters.com Register Aug 31 (Reuters) – Chip designer Nvidia Corp (NVDA.O) said on Wednesday that U.S. officials told him to stop exporting two leading computer chips for artificial intelligence work to China, a move that could cripple the ability of Chinese companies to do advanced work like reconnaissance …
U.S. officials order Nvidia to halt sales of top AI chips to China Read More »
Join now for FREE unlimited access to Reuters.com Register Aug 31 (Reuters) – Bed Bath & Beyond Inc (BBBY.O) On Wednesday, it announced it had signed deals for more than $500 million in new funding and would close 150 stores, cut jobs and revamp its merchandising strategy in a bid to turn around its loss-making …
Bed Bath & Beyond to cut jobs, close stores in bid to reverse losses Read More »
Join now for FREE unlimited access to Reuters.com Register Alibaba notified of US audit inspection – sources Verification of audits of Chinese companies listed in the United States begins next month Follows landmark US-China audit agreement Alibaba shares fall nearly 3% HONG KONG, Aug 31 (Reuters) – U.S. regulators have picked e-commerce giant Alibaba Group …
Exclusive: U.S. regulators to vet Alibaba, other Chinese firms’ audits -sources Read More »
Join now for FREE unlimited access to Reuters.com Register Aug 30 (Reuters) – Elon Musk has sent an additional letter terminating the deal to Twitter Inc. (TWTR.N) to include a recent whistleblower complaint from the social media company’s former chief security officer as another reason to cancel the $44 billion deal. Peiter Zatko, a notorious …
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Moderna’s logo is reflected in a drop on a syringe needle in this illustration taken November 9, 2020. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Aug 26 (Reuters) – Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in the development of the first COVID-19 vaccine approved …
Moderna sues Pfizer/BioNTech for patent infringement over COVID vaccine Read More »
Aug 25 (Reuters) – Tesla Inc. (TSLA.O) Shares fell on Thursday as a three-for-one stock split announced by the world’s most valuable automaker to woo retail investors went into effect. Shares of the electric car maker, led by Elon Musk, opened at $302 and fell to $293 in early trading. Tesla’s second stock split in …