Adani Group Stocks Resume Fall After $2.5 Billion Share Sale Goes Through
BENGALURU (Reuters) – Most Adani Group stocks dropped on Wednesday, extending losses after a report from short-seller Hindenburg criticised the…
January 2023
Intel Slashes Employee, Exec Pay Amid PC Market Downturn
By Stephen Nellis (Reuters) – Intel Corp said on Tuesday that it had made broad cuts to employee and executive…
U.S. Official Acknowledges Japan, Netherlands Deal To Curb Chipmaking Exports To China
By Alexandra Alper and David Shepardson WASHINGTON (Reuters) – An American official on Tuesday made the most direct comments by…
Western Digital Gets $900 Million Investment From Apollo, Elliott
(Corrects spelling of Elliott in headline and 2nd paragraph) By Chibuike Oguh and Tiyashi Datta NEW YORK (Reuters) -Memory chip…
Supermarket Asda, Startup HVS Receive UK Hydrogen Self-driving Lorry Grant
By Nick Carey LONDON (Reuters) – A consortium including Hydrogen truck startup HVS and supermarket chain Asda said on Wednesday…
SK Hynix Warns Chip Downturn To Worsen In H1, Posts Record Quarterly Loss
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korean chipmaker SK Hynix Inc said the industry downturn will worsen…
Refunds, Flights In U.S. Lawmaker Proposals To Protect Air Passengers After Meltdowns
By David Shepardson WASHINGTON (Reuters) -U.S. air passengers would be offered refunds for delayed flights and transportation on rival carriers…
Marketmind: Fed Games
By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market…
U.S. Labor Cost Growth Smallest In A Year
By Lucia Mutikani WASHINGTON (Reuters) – U.S. labor costs increased at their slowest pace in a year in the fourth…
Payments Firm PayPal To Lay Off 7% Of Its Workforce To Cut Costs
(Reuters) -PayPal Holdings Inc said on Tuesday it is planning to cut 7% of its workforce, or about 2,000 employees,…