Citi undergoes restructuring, faces key departures in investment banking
Citi is experiencing significant changes within its investment banking division, particularly in the UK and EMEA regions. The bank’s recent…
Glencore to build pilot EV battery recycling plant outside Italy
(Reuters) – Glencore (OTC:GLNCY) has decided to build a pilot project for an electric vehicle (EV) battery recycling plant outside…
EngageSmart’s go-shop period ends with no new offers, Vista acquisition proceeds
EngageSmart, a provider of SaaS solutions, concluded its “go-shop” period today without receiving any competing acquisition proposals. The company had…
Bayer holds call with bond investors after raft of bad news
(Reuters) – Bayer held a call with investors on Monday after a raft of bad news led some of them…
Morgan Stanley sees Edge AI as next big investment trend
Morgan Stanley has identified Edge AI technology as a pivotal element in the evolution of real-time data processing on devices…
Value of Apple sales underperforms Huawei, Xiaomi on China’s Singles Day – data
(Reuters) – Apple (NASDAQ:AAPL) saw a decline in the value of smartphone sales during China’s recent Singles Day shopping festival,…
Nokia issues shares to equity incentive plan participants, retains focus on innovation
Nokia (HE:NOKIA) Corporation has recently rewarded participants in its equity incentive schemes with company shares, affirming its commitment to both…
European shares edge higher in the run up to ECB policy minutes
(Reuters) – European shares inched higher at open on Thursday as investors awaited minutes of the European Central Bank’s (ECB)…
Asian stocks hit two-month high, US markets rise ahead of Thanksgiving
Global markets have seen a flurry of activity this week, with Asian stocks reaching a two-month peak and US indices…
Bankrupt WeWork enters financing agreements with certain lenders
(Reuters) -WeWork said on Tuesday it had secured commitments for up to $682.5 million in debtor-in-possession financing from some of…