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 on hiring after a recruiting frenzy last year.
Monte dei Paschi names veteran UniCredit executive as CFO
Monte dei Paschi di Siena (BMPS.MI) has named veteran UniCredit (CRDI.MI) executive Andrea Maffezzoni as its new chief financial officer as it prepares to present a new strategic plan next week, the state-controlled bank said on Tuesday.
Qatar picks Exxon, Total, Shell, Conoco for mega-LNG expansion – sources
Qatar has picked Exxon Mobil Corp , TotalEnergies SE (TTEF.PA), Shell (SHEL.L) and ConocoPhillips (COP.N) as partners in the expansion of the world’s largest liquefied natural gas (LNG) project, people with knowledge of the matter said on Tuesday.
Exclusive: Citigroup to hire 3,000 in Asia institutional banking business in growth push
Citigroup Inc (C.N) plans to hire around 3,000 new staff for its Asia institutional business in the next few years, sharpening its focus in a fast-growing region where it has exited consumer banking in most markets, its Asia Pacific chief executive said.
Britain launches second probe into Google’s ad practices
Britain’s competition regulator on Thursday launched its second probe into the advertising practices of Google, saying the Alphabet-owned (GOOGL.O) search giant could be distorting competition and may have illegally favoured its own services.
EXCLUSIVE Neumann-backed climate tech venture Flowcarbon raises $70 mln
Flowcarbon, a blockchain-enabled carbon credit trading platform backed by WeWork founder Adam Neumann, has raised $70 million in its first major funding round, its chief executive told Reuters.
Analysis: Musk’s ESG attack spotlights $35 trillion industry confusion
Elon Musk’s rejection of environmental, social and corporate governance (ESG) scores as a “scam” highlights how Wall Street’s hottest investment trend that encompasses some $35 trillion in assets means different things to different people.
EXCLUSIVE Tesla puts India entry plan on hold after deadlock on tariffs-sources
Tesla Inc (TSLA.O) has put on hold plans to sell electric cars in India, abandoned a search for showroom space and reassigned some of its domestic team after failing to secure lower import taxes, three people familiar with the matter told Reuters.
Exclusive: Facebook-owner Meta tells hardware staffers to prepare for cutbacks
Facebook-owner Meta Platforms Inc (FB.O) is preparing cutbacks in its Reality Labs division, a unit at the center of the company’s strategy to refocus on hardware products and the “metaverse,” a spokesperson confirmed to Reuters on Wednesday.
Rolls-Royce boosted by return to flying and defence demand
Rolls-Royce (RR.L) traded in line with expectations in the first four months of the year, the engine manufacturer said on Thursday, helped by a gradual return to flying and increased government investment in defence.
