CIBC posts decline in second-quarter profit on loan loss provisions
CIBC reported a decline in second-quarter profit on Thursday, as the Canadian lender set aside higher provisions to
2023-05-25 17:53
Great Wall Motor says rival BYD failing on hybrid emissions
SHANGHAI/BEIJING (Reuters) -Great Wall Motor has filed a report with China's regulators against BYD, it said on Thursday, claiming its
2023-05-25 17:48
Vietnam's VinFast recalls first batch of US-bound EVs over security risk
HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast is recalling all of the first batch of vehicles it shipped to
2023-05-25 15:24
RBI May Need to Buy $18 Billion of Bonds to Add Cash, ICICI Says
India’s central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish
2023-05-25 13:48
Social Security payments could be delayed due to debt ceiling impasse
If the US is not able to pay all its bills for the first time ever, senior citizens could quickly feel the pain.
2023-05-25 06:53
Nvidia shares soar nearly 30% as sales forecast jumps and AI booms
By Chavi Mehta and Stephen Nellis (Reuters) -Nvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street
2023-05-25 06:18
Chile Central Bank Tightens Credit Conditions, Citing Higher Global Risk
Chile’s central bank raised capital requirements on financial institutions, tightening credit conditions amid concern over the risk a
2023-05-25 00:56
Mexico president says does not rule out buying part of Citi unit Banamex
MEXICO CITY Mexican President Andres Manuel Lopez Obrador said on Wednesday he does not rule out the possibility
2023-05-24 23:22
Chipmaker Analog Devices' weak forecast sparks share selloff
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker's
2023-05-24 21:59
EU, U.S. to seek stopgap standards for AI - EU tech chief
By Philip Blenkinsop BRUSSELS The European Union and the United States are set to step up cooperation on
2023-05-24 21:23
Alibaba unit ordered to pay NetEase $7.2 million over game copyright
By Josh Ye HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile
2023-05-24 20:53
Citigroup to pursue IPO for its Mexico retail unit after sale fails
(Reuters) -Citigroup Inc will pursue an initial public offering of its Banamex unit that consists of its consumer, small business
2023-05-24 20:51