Goldman Sachs and Morgan Stanley are both riding high on tech. Deal fees bulged while they combined for $14 bln in revenue ...
The financial plumbing firm and buyout shop Advent offered $53 bln to buy the payments processor. It's a welcome lifeline for Venmo's owner, but at a bargain price. There's room to sweeten the bid ...
The €624 bln chip-equipment giant may boost its production capacity for a key machine by 30% in 2027 and 2028. It should help dispel fears that the Dutch group is an industry bottleneck. The ...
BYD and rivals sold 1 mln vehicles abroad in June as a 9-month sales slump at home added to oversupply, while pricier ...
The iPhone maker’s pursuit of low-end chips from a blacklisted producer spotlights a global shortage. For years, the West prioritised investing in advanced silicon. Now Chinese giants like CXMT, ...
From AOL to Disney, the industry is littered with value-destructive mergers. The streaming giant betrayed its own ...
At 4.3%, economic expansion has fallen below Beijing's target range. A big factor is the $1.5 trln drive to tackle hidden ...
The tech giant misjudged how fast spending is shifting from software to chips and servers sending shares down 25%. Boss ...
Profits at the big combined retail and investment banks rose up to 45% in the second quarter. JPMorgan gleaned $29 bln ...
Oil rose to $86 a barrel after the American president threatened a 20% levy on cargoes transiting the Strait. The US once ruled out such fees entirely. Accepting the principle of tolls makes it ...
HONG KONG, July 14 (Reuters Breakingviews) - The fast-fashion retailer's public face, American Chinese ex-banker Donald Tang, is stepping down ahead of a public debut, leaving reclusive founder Sky ...
Bot attacks on companies and critical infrastructure are surging. The push for AI adoption inadvertently opens new back ...
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