Invesco raises valuation of Indian food delivery firm Swiggy to $8.3 billion
(Reuters) – U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from…
Foxconn expects Q1 revenue drop after slower Q4 demand
(Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple (NASDAQ:AAPL)’s biggest iPhone assembler, said on Friday it…
Thermo Fisher halts forensic tech sales in Tibet
(Reuters) – Thermo Fisher Scientific (NYSE:TMO) has pledged to stop selling forensic technology and equipment in Tibet that could be…
Tesla to fix 1.62 million vehicles in China – regulator
(Reuters) – Tesla is doing an effective recall on 1.62 million vehicles, including its models S, X, 3 and Y…
Japanese firms rush to resume production as earthquake disrupts local economy
(Reuters) – Japanese manufacturers rushed to resume production four days after a magnitude 7.6 earthquake killed at least 94 and…
Generative AI’s wild 2023
(Reuters) – ChatGPT was well on its way to becoming a household name even before 2023 kicked off. Just weeks…
Analyst sees 15% downside risk for Nvidia stock as AI hits ‘trough of disillusionment’
DA Davidson analysts assert that NVIDIA (NVDA) plays a crucial role as a leader in accelerated computing, projecting an impressive…
India stocks lower at close of trade; Nifty 50 down 0.69%
India stocks were lower after the close on Wednesday, as losses in the Metals, IT and Technology sectors led shares…
European shares flat as investors await cues on policy outlook
(Reuters) – European shares were muted on Wednesday, as the market rally from the previous year started to lose steam,…
Hyundai Motor, Kia expect auto sales to rise 2% in 2024
(Reuters) -South Korea’s Hyundai Motor (OTC:HYMTF) Co and affiliate Kia Corp forecast on Wednesday that their combined global sales will…