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Day: April 18, 2024

US firms facilitated investments into blacklisted Chinese companies, says House probe
General

US firms facilitated investments into blacklisted Chinese companies, says House probe

By Pritam Biswas and Mehnaz Yasmin (Reuters) -U.S. financial firms facilitated investments worth billions of dollars in index funds that…

April 18, 2024April 18, 2024
Rivian cuts 1% of workforce in second round of layoffs this year
General

Rivian cuts 1% of workforce in second round of layoffs this year

By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1%…

April 18, 2024April 18, 2024
Walmart-backed Ibotta shares surge 33% in strong market debut
General

Walmart-backed Ibotta shares surge 33% in strong market debut

By Jaiveer Shekhawat and Sri Hari N S (Reuters) -Shares of digital marketing firm Ibotta soared 33% on their debut…

April 18, 2024April 18, 2024
Blackstone reports 1% rise in first-quarter earnings
General

Blackstone reports 1% rise in first-quarter earnings

By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc, the world’s largest private equity firm, said on Thursday that its…

April 18, 2024April 18, 2024
TSMC expects Q2 sales to jump on ‘insatiable’ AI demand
General

TSMC expects Q2 sales to jump on ‘insatiable’ AI demand

By Yimou Lee and Faith Hung TAIPEI (Reuters) -TSMC, the world’s largest chipmaker and a major Apple and Nvidia supplier,…

April 18, 2024April 18, 2024

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