U.S. stocks are falling, led by chips and tech as Powell takes stage
U.S. stocks are under pressure after a report that said the U.S. could restrict sales of artificial intelligence chips to…
Volkswagen shares recover after EV production cut reports
(Reuters) – Shares in Volkswagen (ETR:VOWG_p) inched higher on Wednesday, recovering slightly from a selloff the day before when the…
Morgan Stanley sees risks to Veeva Systems core CRM business
Veeva Systems (NYSE:VEEV) was cut to Underweight from Equal Weight at Morgan Stanley on Wednesday, with the firm maintaining a…
Thomson Reuters to buy digital content management company Imagen
(Reuters) – Thomson Reuters (NYSE:TRI) will buy Imagen, a digital content asset management company, for an undisclosed price, to expand…
China’s EV maker Zeekr opens orders for two luxury cars in Sweden, Netherlands
(Reuters) – Zeekr, Geely Automobile’s electric brand, said on Wednesday that two of its all-electric luxury cars are available for…
Boeing says about 90% of its China 737 MAX fleet have resumed commercial operation
(Reuters) – About 90% of Boeing (NYSE:BA)’s China 737 MAX fleet have resumed commercial operation as of the end of…
Businesses criticise new EU data rules, consumer group sees missed opportunity
(Reuters) – Businesses and Big Tech on Wednesday criticised European Union data rules agreed between EU countries and lawmakers, saying…
Chip stocks smacked as U.S. mulls fresh curbs on AI access to China
(Reuters) – Shares of U.S. chipmakers fell in premarket trading on Wednesday following a report that the Biden administration is…
4 big analyst cuts: Uber no longer a Buy, Alibaba downgraded to Market Perform
Uber no longer a Buy at Daiwa Securities Uber Technologies (NYSE:UBER) shares fell more than 1% pre-market today after Daiwa…
Exclusive-Vietnam’s Truong Hai considers stake sale in $5 billion automotive arm – sources
(Reuters) – Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into…