Silicon Valley Bank’s Chinese partner buys out stake in joint venture
Daily Trader Insights BEIJING (Reuters) – Silicon Valley Bank’s Chinese joint venture will become a wholly owned unit...
August 2024
Salvage of stricken oil tanker in Red Sea expected soon, sources say
By Renee Maltezou and Yannis Souliotis ATHENS (Reuters) -A salvage operation to recover a Greek-registered...
Ford to recall 90,736 vehicles over engine valve issue, US regulators say
(Reuters) – Ford will recall 90,736 vehicles as engine intake valves in the vehicles may...
Billionaire Buffett again sells BofA shares worth about $845 million
(Reuters) – Billionaire Warren Buffett’s Berkshire Hathaway has once again cut its stake in Bank...
Indian tribunal approves $8.5 billion Disney, Reliance media assets merger
BENGALURU (Reuters) -An Indian company tribunal has approved the $8.5 billion merger of Reliance Industries...
Intel rises as report of chipmaker exploring options stokes investor enthusiasm
(Reuters) – Intel’s shares rose more than 3% before the bell on Friday, as a...
China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period
SHANGHAI (Reuters) – China’s State Administration of Market Regulation issued a statement on Friday saying...
Oil falls as supply set to rise, uncertainty around Fed rate cuts
By Georgina McCartney HOUSTON (Reuters) -Oil fell about 2% on Friday as investors weighed expectations...
Ulta Beauty lowers annual forecasts on slowing demand for beauty products
(Reuters) -Ulta Beauty cut its annual sales and profit forecasts on Thursday, hurt by slowing...
Leveraged Nvidia ETF issuers saw trading surge in bearish products ahead of earnings
By Suzanne McGee (Reuters) – Interest in leveraged exchange-traded funds that allow investors to profit...