SoftBank fund cuts stake in India’s Zomato in $115-million deal
BENGALURU (Reuters) – SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a…
Year: 2023
Chinese banks should step up lending to private sector, central bank official quoted
BEIJING (Reuters) -An official at China’s central bank urged banks to step up lending to private companies during a meeting…
Dollar drops on jobs data, yen rises from 10-month low
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar fell on Tuesday after data showed that U.S. job openings…
Vanguard joins BlackRock, cuts support for shareholder items on climate, social issues
By Ross Kerber (Reuters) -Vanguard supported just 2% of shareholder resolutions on environmental and social issues at U.S. companies this…
JPMorgan increases stake in Brazilian digital bank C6 to 46%
By Tatiana Bautzer NEW YORK (Reuters) – JPMorgan Chase & Co has increased its stake in Brazilian digital bank C6…
Bitcoin hits two-week peak after Grayscale spot bitcoin ETF ruling
NEW YORK/LONDON (Reuters) – Bitcoin rose to two-week highs on Tuesday after a U.S. court ruled that the Securities and…
Nvidia’s forward PE ratio tumbles to lowest in eight months
By Noel Randewich (Reuters) – Increased analysts’ estimates since Nvidia’s strong quarterly report last week have left the world’s most…
Wall Street ends higher as investors await US inflation, jobs data
By Shristi Achar A and Noel Randewich (Reuters) – Wall Street ended higher on Monday, with gains in 3M and…
Hedge fund exposure to 7 biggest tech stocks at record high, Goldman Sachs says
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Hedge funds hold record exposure to the seven biggest tech…
Vinfast rallies on after becoming world’s third-most valuable automaker
(Reuters) -Shares of Vietnamese electric-vehicle maker Vinfast surged 21% on Monday, extending a rally from last week that more than…