Investing
First quarter ‘dash for cash’ largest since early 2020 -BofA
LONDON (Reuters) – Investors moved $508 billion into cash in the first three months of this year, th...
31st March, 2023
investment
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ABB to launch $1 billion share buyback on April 3
ZURICH (Reuters) – ABB will launch its new $1 billion share buyback on April 3, the Swiss engineerin...
31st March, 2023
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Petrofac, Hitachi Energy receive $14 billion agreement from TenneT
(Reuters) – Petrofac Ltd said on Thursday it was awarded a 13 billion euro ($14.09 billion) framewor...
30th March, 2023
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New York catches up with London to head City’s global centres survey
By Huw Jones LONDON (Reuters) – London is no longer the clear leader among global financial centres...
30th March, 2023
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Ericsson’s board rebuked by shareholders at AGM for second year in a row
STOCKHOLM (Reuters) – Ericsson shareholders voted against discharging the CEO and most of the board...
30th March, 2023
Technology
What’s better than OpenAI? Developers shop for alternatives
By Krystal Hu NEW YORK (Reuters) – Microsoft-backed OpenAI is no longer the only game in town for so...
29th March, 2023
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Airbus drops offer for stake in Atos unit, shares tumble
PARIS (Reuters) -Airbus has decided not to make an offer for a minority stake in Atos’ soon-to-be sp...
29th March, 2023
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Intercos fund shareholders L Catterton, OTPP sell 6% stake at 7% discount
MILAN (Reuters) – Private equity fund L Catterton and the Ontario Teachers’ Pension Plan (OTPP) said...
29th March, 2023
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Asian stocks rally as bank jitters calm, Alibaba lifts mood
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares surged on Wednesday as easing concerns over the...
29th March, 2023
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Ride-hailing app Cabify raises $110 million for expansion in LatAm, Spain
BOGOTA (Reuters) – Spanish ride-hailing app Cabify has raised $110 million in financing aimed at acc...
29th March, 2023
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Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?
By Amanda Cooper LONDON (Reuters) – Turbulence in Europe’s banks following the implosion of 167-year...
29th March, 2023
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Nvidia shows new research on using AI to improve chip designs
By Stephen Nellis (Reuters) – Nvidia Corp, the world’s leading designer of computer chips used in cr...
28th March, 2023