Analysis-US throws Nvidia a lifeline while choking off China’s chipmaking future
(Reuters) – While stripping China’s access to key U.S. artificial intelligence chips, the Biden administration’s sweeping new rules also quietly…
Australia antitrust watchdog to oversee domestic air travel sector
(Reuters) – Australia will ask its competition watchdog to monitor domestic passenger flights in a bid to boost competition in…
Japan stocks higher at close of trade; Nikkei 225 up 0.20%
Japan stocks were higher after the close on Wednesday, as gains in the Mining, Chemical, Petroleum & Plastic and Steel…
Adidas shares jump after 2023 guidance raise
(Reuters) – Shares in Adidas (OTC:ADDYY) gained 4% at the open on Wednesday after the sportswear company raised its guidance…
Volvo braces for slower truck markets next year after Q3 profit beat
(Reuters) – AB Volvo (OTC:VLVLY) expects the European and North American heavy trucks markets to slow next year, it said…
Thermo Fisher Scientific to buy Olink in $3.1 billion deal
(Reuters) – Thermo Fisher Scientific (NYSE:TMO) said on Tuesday it would acquire Olink Holding AB in a deal valued at…
Choice Hotels goes public with $7.8B offer for rival Wyndham after talks break down
Choice Hotels International (NYSE:CHH) disclosed it made an offer to acquire rival Wyndham Hotels & Resorts, Inc. (NYSE:WH) for $90…
Lockheed revenue rises on sustained weapons demand amid geopolitical tensions
(Reuters) – Lockheed Martin (NYSE:LMT) reported higher third-quarter revenue on Tuesday, as geopolitical tensions fueled sustained demand for its military…
Goldman Sachs profit plunges on impact from fintech sale, real estate bets
(Reuters) – Goldman Sachs’ profit fell in the third quarter, weighed down by a writedown on its GreenSky fintech business…
UK and California to lose millionaires due to wealth tax proposals
As per predictions by Henley & Partners, the UK is expected to lose approximately 3,200 dollar millionaires by 2023, largely…