Morgan Stanley Weighs Cutting 7% of Asia Investment Bank Jobs
Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest
2023-05-16 13:59
Airline SAS Gets US Court Approval to Secure New Equity Capital
Scandinavian carrier SAS AB will start a process to secure new equity capital after getting the relevant clearance
2023-05-16 13:55
Rakuten to Issue New Shares to Raise Up to $2.2 Billion, Sources Say
Rakuten Group Inc. plans to issue new shares to raise as much as ¥300 billion ($2.2 billion) to
2023-05-16 13:21
Warren Buffett's Berkshire Hathaway sells entire stake in TSMC
Warren Buffett's conglomerate has sold its remaining shares in the world's largest chipmaker, TSMC, after the "Oracle of Omaha" sounded alarms about its homebase of Taiwan.
2023-05-16 12:50
Wells Fargo to Pay $1 Billion in Class-Action Suit, WSJ Reports
Wells Fargo & Co. agreed to pay $1 billion to shareholders as it seeks to settle a class-action
2023-05-16 11:51
SEC Urges Judge to Reject Coinbase Demand for Rules Explanation
The US Securities and Exchange Commission asked a judge to deny Coinbase Global Inc.’s request to compel the
2023-05-16 11:47
Pence Super-PAC Forms in Sign Former VP Plans to Challenge Trump
Allies of former Vice President Mike Pence have formed a political action committee to support him as he
2023-05-16 10:51
Buffett Exits TSMC While Hedge Funds Coatue, Tiger Global Buy
Taiwan Semiconductor Manufacturing Co. drew mixed bets from top investors in the first quarter, as Warren Buffett closed
2023-05-16 09:47
Alibaba Vows ‘Historic’ Investment in Taobao and Content
Alibaba Group Holding Ltd.’s e-commerce division will make “huge” investments in its Taobao shopping app, as the newly
2023-05-16 09:25
Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it
2023-05-16 09:22
FTC to Sue to Block Amgen’s Takeover of Horizon Therapeutics
The US Federal Trade Commission is expected to file a lawsuit Tuesday to block Amgen Inc.’s $27.8 billion
2023-05-16 09:18
Oil Edges Higher With US Seeking Crude for Strategic Reserves
Oil edged higher ahead of key economic data from China as the US started soliciting bids for crude
2023-05-16 08:17