Bloomberg

U.S. stops granting export licenses for China’s Huawei – sources

The Biden administration has stopped approving licenses for U.S. companies to export most items to China's Huawei, according to three…

3 years ago

Goldman Sachs to stop making unsecured consumer loans – source

Goldman Sachs Group Inc plans to stop originating unsecured consumer loans, a source familiar with the move told Reuters on Monday,…

3 years ago

Credit Suisse scrambles to finalise revamp as deadline looms

Credit Suisse is racing to firm up sales of part of its business that could limit the cash it needs…

3 years ago

China holds emergency talks with chip firms after U.S. curbs -Bloomberg News

China's Ministry of Industry and Information Technology convened a series of emergency meetings over the past week with leading semiconductor…

3 years ago

Goldman plans major overhaul to combine key units – source

Goldman Sachs is planning a major reorganization to combine its biggest businesses into three divisions with its storied investment banking and…

3 years ago

Global bond funds see biggest outflows in two decades

Global bond funds saw the biggest outflows in two decades in the first three quarters of this year as hefty…

3 years ago

On news that the business is abandoning ambitions to increase new iPhone production, Apple shares decline!

Apple shares dipped roughly 3% on Wednesday after it was reported that the company has informed suppliers to cancel plans…

3 years ago

Apple plans to cut iPhone 14 production lag between China, India – Bloomberg

Apple Inc (AAPL.O) plans to start making the iPhone 14 in India about two months after its release out of China, in…

3 years ago

U.S. considers crackdown on memory chip makers in China

The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory…

3 years ago

Analysis: Wall Street’s hiring frenzy eases as worries grow over economy, market slump

With mounting uncertainty around the U.S. economic outlook and the resulting slump in financial markets, Wall Street is easing up…

3 years ago