Global Archives - Page 328 of 441

2 minute read

China GDP Decoded: Better-Than-Feared Q4 Caps Sluggish 2022 Amid COVID-19 Headwinds

January 17, 3:08 AM

China’s resilience came to the fore as the country reported fairly solid economic growth for the fourth quarter despite COVID-19 overhangs, but 2022 growth slowed notably and trailed official forecasts.

MCHI

2 minute read

Twitter, Google-Backed Indian Social Media Startup Cuts 20% Workforce Amid Pressure From Investors To Reduce Costs

By Navdeep Yadav

January 16, 5:02 AM

Indian social media startup ShareChat said on Monday that it laid off around 20% of its staff. What…

GOOG

3 minute read

Nio Dips Lower Following Tesla’s Price Slashes: Here’s What To Watch

By Melanie Schaffer

January 13, 1:56 PM

Nio, Inc (NYSE: NIO) opened about 3% lower on Friday, in tandem with Tesla Inc (NASDAQ: TSLA), which gapped down about 6% after the EV giant announced it had

3 minute read

US Stocks Edge Lower; Bank of America Profit Tops Views

By Lisa Levin

January 13, 11:15 AM

U.S. stocks traded lower this morning, with the Dow Jones dropping around 50 points on Friday.

BAC

1 minute read

Warren Buffett-Backed BYD Reportedly Eyeing New Plant In Vietnam To End Reliance On China For Car Parts

By Navdeep Yadav

January 13, 5:21 AM

After eyeing a larger share in India, billionaire investor Warren Buffett’s Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) backed Chinese electric…

BRK

1 minute read

Ferrari Flees Crypto Crash With Terminated Velas Sponsorship

By Jose Rodrigo Safdiye

January 12, 6:35 PM

Ferrari NV (NYSE: RACE) has ended its sponsorship deal with Swiss blockchain company Velas, according to a statement from the team.

RACE

2 minute read

Global
News

Lululemon Partners With Nedap To Advance RFID Technology Across Stores Globally

By Benzinga Newsdesk

January 12, 4:17 PM

Groenlo, the Netherlands, Jan.

LULU

3 minute read

Gold Tops $1,900 After US CPI Report, S&P 500 Rises 0.5%

By Lisa Levin

January 12, 3:28 PM

U.S. stocks traded higher toward the end of trading, following the release of inflation data.

BBAI

2 minute read

Crypto Exchange FTX Recovers $5 Billion In Assets, But Shortfall In Repayment To Customers Remains Unclear

By Murtuza Merchant

January 12, 2:02 PM

Crypto exchange FTX (CRYPTO: FTT) announced it recovered a substantial amount of assets, including cash, liquid cryptocurrency and liquid investment securities, totaling more than $5 billion, Coindesk reported.

$FTT

1 minute read

Global
News

Russia-Linked Ransomware Group Behind UK Royal Mail Cyber Incident

By Bill Haddad

January 12, 1:53 PM

-Telegraph

CHKP