investing

Dutch, Japanese curbs on chip equipment to China may not be tough enough -industry group

A chip industry group is warning that if U.S. allies do not adopt curbs on semiconductor manufacturing equipment to China…

3 years ago

U.S. investors have plowed billions into China’s AI sector, report shows

U.S. investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a fifth of investments in Chinese artificial…

3 years ago

Shell makes record $40 bln profit in tumultuous 2022

Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which…

3 years ago

Adani’s market losses top $100 bln as shelved share sale spooks investors

India's Adani group shares sank on Thursday after it abandoned its flagship company's $2.5 billion stock offering, swelling the conglomerate's…

3 years ago

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

Adani’s crucial share sale 85% subscribed as institutions pump in funds

Indian billionaire Gautam Adani's $2.5 billion share sale inched closer to full subscription on Tuesday as investors pumped in funds…

3 years ago

Exclusive: Dutch officials headed to Washington to talk controls on chipmaking gear – sources

Dutch and U.S. officials will meet in Washington on Friday to discuss potential new controls on exporting semiconductor manufacturing gear…

3 years ago

IBM cuts 3,900 jobs, misses annual cash target

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer…

3 years ago

India’s Adani Group says evaluating action against Hindenburg Research

Adani Group said on Thursday it is evaluating "remedial and punitive action" under U.S. and Indian laws against short-seller Hindenburg…

3 years ago

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's…

3 years ago