July 22 (Reuters) – Large investment managers bought $28.837 billion at a 10-year note auction held in July, compared with the $26.477 billion they purchased
Category: Business
Boeing ‘fighting through challenges’ in building new Air Force One planes
By David Shepardson LONDON (Reuters) – The head of Boeing’s defense unit said Sunday the planemaker is still “fighting through challenges” in building two delayed
TSMC shares fall sharply amid Nasdaq plunge, despite strong earnings
TAIPEI (Reuters) -Taipei-listed shares of TSMC ended 3.5% lower on Friday, dragged down by continuing geopolitical concerns and overnight losses on U.S. markets, despite the
China lithium rebounds on Chile earthquake, but demand concerns persist
BEIJING (Reuters) – China’s lithium prices rebounded on Friday after a powerful earthquake hit Chile’s major lithium producing region, although growing demand concerns weighed on
Tesla halted some production lines due to global IT outage, Business Insider reports
(Reuters) -Tesla halted some production lines due to the global IT outage, Business Insider reported on Friday, citing sources familiar with the matter. The automaker
Netflix’s efforts to grow ad tier in focus as subscriber growth slows
By Harshita Mary Varghese (Reuters) – Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown
Chip stocks tumble on fears of tighter US curbs on sales to China
(Reuters) – Shares of chipmakers fell more than 4% before the bell on Wednesday amid reports of possible tighter restrictions on supply of advanced technology
US steelmakers brace for tepid quarterly profit, further price declines
By Aatreyee Dasgupta (Reuters) – Top U.S. steelmakers are expected to post a decline in second-quarter earnings and could face additional pressure from a further
Microsoft’s hiring of former Inflection AI staff prompts UK probe
By Yadarisa Shabong and Martin Coulter (Reuters) – Britain’s competition regulator has started a formal investigation into Microsoft’s hiring of some former staff of Inflection
SolarEdge Technologies to lay off 400 employees
(Reuters) -SolarEdge Technologies said on Monday it would lay off 400 employees, of which 200 are in Israel, as it works to restore profitability and