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Updated

Startups spring from ashes of Big Tech purge

BY Reuters  • January 3, 2023January 3, 2023
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13%[...]
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Business Economy Europe Technology UK Updated US

SpaceX to raise $750 million at $137 billion valuation – CNBC

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) – Elon Musk’s SpaceX is raising $750 million in a new round of funding that values the rocket and satellite company at $137 billion from investors, including Andreessen Horowitz,[...]
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Business Economy Technology Updated US

Spain’s December jobless falls to 15-year low

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) -The number of people registering as jobless in Spain fell slightly in December from a month earlier, ending 2022 at a 15-year low, data from the Labour Ministry showed on Tuesday. The numbe[...]
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Business Economy Europe Updated

China’s holiday home sales rise 27.1% y/y – private survey

BY Reuters  • January 3, 2023January 3, 2023
BEIJING (Reuters) – Chinese new-home sales rose more than 20% year-on-year over the three-day New Year holiday starting from Dec. 31, due to promotions, support policies taking effect and the gr[...]
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Asia Economy Updated

Indonesia’s 2022 unaudited budget deficit at 2.38% of GDP -Finance Minister

BY Reuters  • January 3, 2023January 3, 2023
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia recorded a 464.3 trillion rupiah ($29.77 billion)fiscal deficit in 2022, or 2.38% of gross domestic product, based on unaudi[...]
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Asia Economy Politics Updated

China securities regulator to check brokers’ financing needs after Huatai share plan

BY Reuters  • January 3, 2023January 3, 2023
SHANGHAI (Reuters) -China’s securities regulator said it would fully check securities firms’ financing needs after Huatai Securities Co Ltd proposed a share placement plan that would be on[...]
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Business Updated

Tender sale of Evergrande’s Hong Kong headquarters fails again -sources

BY Reuters  • January 3, 2023January 3, 2023
By Clare Jim HONG KONG (Reuters) – A tender for the sale of embattled China Evergrande Group’s headquarters in Hong Kong has lapsed again, two sources with knowledge of the matter said on[...]
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Asia Business Economy Updated

Bank of Korea working hard to ensure economy’s soft landing -governor

BY Reuters  • January 3, 2023January 3, 2023
SEOUL (Reuters) – South Korea’s central bank governor said on Tuesday the bank will do its best to ensure a soft landing for the economy amid significant internal and external uncertainty.[...]
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Asia Economy Updated

Winklevoss says crypto broker Genesis negotiating in bad faith

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) – Cameron Winklevoss, who founded crypto exchange Gemini Trust Co with his twin brother, on Monday accused Digital Currency Group (DCG) CEO Barry Silbert of “bad faith stall tact[...]
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Business Economy Europe Technology Top News Updated US
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