European shares advance as chipmakers rally; Ubisoft shines
(Reuters) – European shares rose on Tuesday, driven by technology stocks as chipmakers tracked an overnight Wall Street rally ahead…
SoftBank-backed chip designer Arm reveals filing for blockbuster U.S. IPO
(Reuters) – SoftBank Group Corp’s Arm Holdings Ltd reported a 1% fall in annual revenue due to a slowdown in…
Facebook owner Meta asks Norway court to halt privacy fine
(Reuters) – Meta Platforms on Tuesday asked a court in Norway to stop a fine that the country’s data regulator…
Dollar retains strength after PBOC cut; Jackson Hole eyed
The U.S. dollar edged higher in early European trade Monday, helped by deteriorating risk sentiment after the small Chinese rate…
Robust equities erode gold’s safe-haven allure as ETF holdings fall
(Reuters) – Receding fears of a U.S. slowdown, surging bond yields and the robust performance of equities have gradually eroded…
Exclusive-India cenbank nudges banks to settle UAE trades in rupee, dirham -sources
(Reuters) – India’s central bank is nudging local banks to ask their clients to settle trade between the United Arab…
China state banks seen mopping up offshore yuan to stem currency weakness
(Reuters) -China’s major state-owned banks were seen actively mopping up the offshore yuan on Monday, three people with knowledge of…
Jefferies now sees value in previously ‘underappreciated’ Acushnet
Jefferies upgraded Acushnet Holdings Corp (NYSE:GOLF) to Buy from Hold, raising its price target for the stock to $84 from…
NHTSA probes 2022 Ford Mach-E recall as problems persist
The National Highway Traffic Safety Administration (NHTSA) revealed Monday that the safety regulator has opened an investigation into whether a…
Wells Fargo defeats shareholder lawsuit over fake job interviews
(Reuters) – Wells Fargo (NYSE:WFC) won the dismissal of a lawsuit accusing the fourth-largest U.S. bank of defrauding shareholders by…