Samsung Estimates Quarterly Profit Sank To 8-year Low On Demand Slump
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled to…
2023
China Property Set For Modest Demand Recovery In 2023 On Policy Support
By Clare Jim, Xie Yu and Rae Wee HONG KONG (Reuters) – China’s deeply troubled property sector is set to…
Samsung Flags Lowest Quarterly Profit In 8 Years On Demand Slump
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd reported on Friday a likely 69% plunge in…
Bed Bath & Beyond’s Road To Potential Bankruptcy
(Reuters) – From a failed merchandising strategy to activist investor pressure over overpayed executives, Bed Bath & Beyond Inc has…
U.S. Authorities Probe FTX Engineer Singh -Bloomberg News
(Reuters) – U.S. authorities are investigating the chief engineer of bankrupt crypto exchange FTX, Nishad Singh, ratcheting up pressure on…
Deutsche Bank names ex-Morgan Stanley executive Heaney as U.S. chairman
NEW YORK (Reuters) -Deutsche Bank AG appointed Michael Heaney, a retired Morgan Stanley executive, as chairman of its U.S. arm,…
Citadel posts record revenues for hedge fund, securities ops in 2022 – source
(Reuters) – Kenneth Griffin’s Citadel marked record revenues in its hedge fund and electronic-trading businesses for 2022 despite turmoil in…
Stocks Sag As Hawkish Fed Cools China Rally; Awaits US Jobs Data
By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks sank on Thursday and brought to a halt a rally in…
Mercedez-Benz Says Nevada Approves Use Of Advanced Automated Driving System
(Reuters) – German carmaker Mercedes-Benz said on Thursday that the state of Nevada has approved its application to deploy advanced…
Stocks Stall As Firm Fed Message Reins In China Rally
By Marc Jones and Koh Gui Qing NEW YORK (Reuters) – U.S. stocks sank on Thursday and brought to a…