
Warner Bros. Discovery says actors and writers strikes will cost it up to $500 million this year
Warner Bros. Discovery trimmed its full-year earnings guidance for 2023 on Tuesday by $300 million to $500 million because of the continued strike by actors and writers, which has stopped production of most shows and movies.
2023-09-05 21:55

Arm's IPO could value the chip company at $52 billion. Apple, Google and Nvidia show interest
A who's who of Big Tech companies is set to invest in one of the most highly anticipated initial public offerings in recent memory, a blockbuster event that could value a British chip designer at as much as $52.3 billion.
2023-09-05 21:49

Wells Fargo hires Ford from Credit Suisse as head of equity capital markets
NEW YORK Wells Fargo hired former Credit Suisse banker Jill Ford as its head of equity capital markets,
2023-09-05 21:20

Niger Junta Expects Rapid French Troop Withdrawal Amid Talks
Niger’s ruling junta said discussions are under way that are expected to result in the rapid withdrawal of
2023-09-05 20:53

Germans question value of working after new welfare increases - survey
BERLIN More than half of Germans believe work is not worthwhile after the government's planned increase in welfare
2023-09-05 20:29

Intel to offer foundry services to Tower Semiconductor after acquisition deal falls through
Intel will offer foundry services to Tower Semiconductor in a new deal that will see the Israeli contract
2023-09-05 20:28

Global business activity showed signs of slowdown in August -PMIs
By Jonathan Cable LONDON Global business activity largely slowed further last month as services firms struggled in the
2023-09-05 20:18

Illumina names Agilent exec Jacob Thaysen as CEO
(Reuters) -Illumina Inc said on Tuesday its board has named Agilent Technologies' executive Jacob Thaysen as the U.S. genetic testing
2023-09-05 19:59

Albemarle aims to close buyout of lithium developer Liontown by mid-2024
Albemarle aims to close its buyout of Australian lithium developer Liontown Resources by the middle of 2024, its
2023-09-05 19:56

How big banks won the banking crisis
The collapse of Silicon Valley Bank and the US regional banking crisis that followed earlier this year had major economic and regulatory repercussions for lenders across the globe, some of which may be felt for years to come. But now that the more immediate threat of the crisis has dissipated, some clear winners have emerged.
2023-09-05 19:55

SoftBank's Arm aims for over $52 billion valuation in biggest US IPO of the year
(Reuters) -SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering as the
2023-09-05 19:30

UK PMI survey shows sharpest business slowdown in 7 months
By David Milliken LONDON Business activity in Britain's services sector fell last month for the first time since
2023-09-05 19:24