SINGAPORE (Reuters) – The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$3.9 million on Credit Suisse AG for the bank’s failure to prevent or detect misconduct by i[...]
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Newsletter
Tesla Launches Shanghai Megapack Battery Project
BEIJING/SHANGHAI (Reuters) -Tesla on Friday launched its new megapack battery manufacturing plant in Shanghai with a ceremony for the purchase of the land for the project, Chinese state media reported[...]
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Cybertruck Designer Says Tesla Stainless Steel Pickup Is No Experiment
By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost the Tesla brand, the electric vehicle maker’s chief designer said[...]
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Dollar Sinks Ahead of U.S. Inflation Test
By Rae Wee SINGAPORE (Reuters) – The dollar languished near a more than four-month low on Friday ahead of a reading on a key U.S. inflation gauge due later in the day, which will provide further[...]
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Some Wells Fargo employees vote in favor of unionization; others reject
By Bhanvi Satija, Jaiveer Shekhawat and Nupur Anand (Reuters) -Wells Fargo employees at its Albuquerque, New Mexico branch voted to join a union on Wednesday, while some of the other bank employees at[...]
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Toshiba delisted after 74 years, faces future with new owners
By Anton Bridge TOKYO (Reuters) – Toshiba was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan’s bigges[...]
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Oil rises 1% as Red Sea shipping concerns unnerve traders
By Shariq Khan BENGALURU (Reuters) -Oil prices rose more than a dollar a barrel on Tuesday, extending the previous session’s gains after attacks by Yemen’s Iran-aligned Houthi militants on[...]
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US Stock Short Sellers Down $145 Billion in 2023
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A late-year surge in stocks is exacerbating the pain of short-sellers, who are on track for their worst collective annual loss since 2020, according to[...]
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Intel Says Dozens of PC Makers Are Using Its New AI-Enabled Chip
By Stephen Nellis (Reuters) -Intel on Thursday said that dozens of personal computer makers are using its newest chip, as the company and its customers try to entice consumers to upgrade their machine[...]
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