Stock Market
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As interest rates rose, investors sold U.S. stocks.
Following the Fed chairman’s comments, US stock markets ended the week considerably lower. Jerome Powell, the head of the bank,…
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SMIC will spend $7.5 billion on a new factory in Tianjin.
Shanghai: Semiconductor Manufacturing International Corp (SMIC), a Chinese chip foundry, said it had signed an agreement to invest $7.5 billion…
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By Senad Karaahmetovic According to a Beat-and-Raise Report, Ulta is a “Relative Star of Positivity” in the Retail Sector.
In premarket trading Friday, Ulta Beauty (NASDAQ: ULTA) stock was up more than 3% after the company reported strong earnings…
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SMIC, a Chinese chip foundry, will spend $7.5 billion in Tianjin.
Shanghai Semiconductor Manufacturing International Corp (SMIC) of China announced on Friday the signing of a framework agreement for a 12-inch…
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Analysis-Musk investigates the boundaries of governance by using children as guinea pigs.
Rachael Levy’s Reuters – According to nine corporate governance experts who gave varying interpretations of the startup’s code of conduct…
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Affirm falls 13% as the outlook falls short of expectations, but the results are still seen as strong.’
Send Karaahmetovic wrote this. Affirm Holdings (NASDAQ: AFRM) shares fell more than 13% in premarket trade Friday after the payments…
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Meituan of China reports a 16.4% increase in Q2 revenue, above expectations.
(Reuters)-Beijing- Despite a return of COVID-19 incidents in China, Chinese food delivery operator Meituan reported a better-than-expected 16.4% increase in…
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India’s digital lending requirements are causing upheaval, and businesses are preparing to respond.
Aditya Kalra and Nupur Anand MUMBAI, India (Reuters) – According to industry insiders and a document obtained by Reuters, India’s…
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Factbox: Europe’s food sector is under pressure as CO2 reserves dwindle.
(Reuters) – Carbon dioxide (CO2) shortages are placing pressure on food industries in various European nations, as big manufacturers curtail…
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India’s Adani and television network NDTV are locked in a fierce takeover war.
Abhirup Roy and M. Sriram NEW DELHI- When India’s richest man, Gautam Adani, disclosed intentions for his company to own…
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