China’s Didi Sees 2022 Revenue Hit By COVID, Net Loss Narrows
BEIJING (Reuters) – Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as…
April 28, 2023
China’s Didi sees 2022 revenue hit by COVID, net loss narrows
BEIJING (Reuters) – Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as…
FDIC Prepares To Place First Republic Under Receivership – Source
By Greg Roumeliotis NEW YORK (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic Bank…
OpenAI closes $300 million funding round at $27 billion-$29 billion valuation – TechCrunch
(Corrects headline and story to show a $300 million share sale, not $10 bln or $10.3 billion) (Reuters) – OpenAI,…
US Fed points finger at Trump-era rollback for SVB demise
By Douglas Gillison (Reuters) -The Federal Reserve on Friday blamed the deregulatory zeal that occurred during the Trump era for…
Biden takes his re-election pitch to financial backers
By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden made his pitch for re-election on Friday night to a…
U.S. confiscates Iran oil cargo on tanker amid Tehran tensions -sources
WASHINGTON (Reuters) – The U.S. confiscated Iranian oil on a tanker at sea in recent days in a sanctions enforcement…
US Fed Points Finger At Trump-era Rollback For SVB Demise
By Douglas Gillison (Reuters) – The Federal Reserve on Friday blamed the deregulatory zeal that occurred during the Trump era…
U.S. Army plans 24-hour aviation stand down after two deadly helicopter crashes
WASHINGTON (Reuters) -The U.S. Army on Friday ordered its aviation units to pause operations for one day next month to…
Wall Street Climbs As Strong Earnings Offset Slowdown Worries, Fed Meeting In Focus
By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – U.S. stock indexes advanced on Friday after strong earnings updates…