China Evergrande Says Hiring More Advisers To Help Deal With Debt
By Brenda Goh and Clare Jim SHANGHAI/HONG KONG (Reuters) -China Evergrande Group said on Friday that it was hiring more…
Intel Plans New Chip Manufacturing Site In Ohio – Report
(Reuters) – Intel Corp is committing $20 billion to build a manufacturing mega-site in New Albany, on the outskirts of…
Oil Falls As U.S. Inventory Build Prompts Profit-taking
By Yuka Obayashi TOKYO (Reuters) – Oil prices plunged on Friday, after rising to seven-year highs this week, as an…
Novogratz’ Galaxy Digital Hires Blackstone Executive For Asset Management Arm
By Svea Herbst-Bayliss BOSTON (Reuters) – Galaxy Digital Holdings Ltd, a crypto-oriented financial services firm, on Thursday said it hired…
Toyota production in Japan hit by parts crunch from COVID-19
TOKYO (AP) — The shortage of parts caused by the coronavirus pandemic is further denting production at Toyota, Japan’s top…
Gloomy Netflix Forecast Erases Much Of Stock’s Pandemic Gains
By Lisa Richwine LOS ANGELES (Reuters) -Netflix Inc dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth…
Deutsche Bank Hires BofA’s Fine-art Lending Expert John Arena
(Reuters) – Deutsche Bank AG has hired John Arena from Bank of America to help structure art loans for ultra-rich…
Lawsuit Alleges Tellurian Chief Defrauded Investor In Short-seller Battle
By Marcy deLuna HOUSTON (Reuters) – A California investor sued Tellurian Inc Chairman Charif Souki on Thursday, accusing him of…
Peloton Loses $2.5 Billion In Market Value After Report On Production Pause
(Reuters) -Peloton Interactive Inc is temporarily halting production of its connected fitness bikes and treadmills after a significant drop in…
Yellen Says Fed, Biden Administration Will Take Steps To Control Inflation
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Thursday she was confident the Federal Reserve and the Biden administration…