Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their stock exposure, according to a survey by Citigroup’s private bank.
EU antitrust regulators are asking Microsoft’s rivals and customers whether they are affected by the U.S. tech giant’s proposals to gain UK approval for its $69 billion acquisition of Activision Blizzard , sources close to the matter said.
Passenger traffic at Spain’s Aena airports exceeded pre-pandemic levels for an eighth consecutive month in August, while traffic in other European terminals still lagged.
A tight U.S. labor market, expiration of cyclical contracts and high living costs have triggered tough negotiations for pay hikes and other benefits by workers and strikes and protests across industries.
The U.S. Consumer Financial Protection Bureau is currently pursuing nearly two dozen lawsuits accusing prominent defendants including Fifth Third Bank , TransUnion and Moneygram of financial misconduct.
Oracle sank 9% on Tuesday, after a weak forecast suggested strong competition in the cloud-computing industry and a digital spending pullback were weighing on its revenue growth.
Enfabrica, a Silicon Valley chip startup working on networking chips for artificial intelligence data centers, said on Tuesday that it has raised $125 million in venture capital, with Nvidia joining as a strategic investor.
Global tensions have started to fragment trade as rival trading relationships form, the World Trade Organization (WTO) said on Tuesday, but argued it is premature to declare that globalisation has gone into reverse.
Although synthetic graphite has been around for more than 100 years, few companies are supplying the material to makers of electric vehicle batteries and battery electrodes.
