investment

Ant-linked firms’ shares rise after news of Jack Ma ceding control; Alibaba jumps

Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant…

3 years ago

Oil rises on demand optimism as China borders reopen

Oil prices climbed more than 2% on Monday as China's move to reopen its borders boosted the demand outlook and…

3 years ago

Swiss National Bank posts record $143 billion loss in 2022

The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($143 billion) in 2022, it said on…

3 years ago

Dell looks to phase out China-made chips by 2024 – Nikkei

Dell Technologies Inc plans to stop using China-made chips by 2024 and has told suppliers to reduce the amount of other…

3 years ago

Dollar hits four-week peak on resilient U.S. jobs market

The dollar held near an almost one-month high on Friday, after U.S. economic data highlighted a still-tight labour market that…

3 years ago

Shell LNG trading provides quarterly boost despite output drop

Earnings from Shell's liquefied natural gas (LNG) trading operations are likely to have been significantly higher in the fourth quarter of…

3 years ago

Goldman Sachs dealmakers see M&A recovery in second half of 2023

Goldman Sachs Group Inc's top dealmakers are bullish on a recovery in global mergers & acquisitions (M&A) in the second half…

3 years ago

Oil rebounds after biggest drop in decades at start of year

Oil rebounded on Thursday after posting the biggest two-day loss for the start of a year in three decades with…

3 years ago

Salesforce to cut 10% of workforce after hiring “too many people”

Salesforce Inc said it plans to cut jobs by 10% and close some offices, after rapid pandemic hiring left it…

3 years ago

FTX says Bahamas regulators hold $296 million, not $3.5 billion of company’s assets

FTX on Friday disputed claims by the Securities Commission of the Bahamas (SCB) that the regulator was holding $3.5 billion of the…

3 years ago