Tag: Updated
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Coca-Cola gears up for IPO of $8 billion African bottling arm, Bloomberg reports
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(Reuters) -Coca-Cola is gearing up for a potential initial public offering (IPO) of its African bottling business as…
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Exclusive-Chinese brokerage CICC cutting dealmakers’ base pay by 25%, sources say
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By Selena Li and Julie Zhu HONG KONG/SHANGHAI (Reuters) -China International Capital Corp (CICC) is cutting the base…
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China industrial profits fall in March, stir doubts about economic recovery
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By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s industrial profits fell in March and slowed gains for…
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Biden jabs Trump in election-year roast at correspondents’ dinner
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By Jarrett Renshaw WASHINGTON (Reuters) -U.S. President Joe Biden delivered an election-year roast on Saturday night at the…
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Elon Musk visits China as Tesla seeks self-driving technology rollout
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SHANGHAI/BEIJING (Reuters) -Tesla CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he was…
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U.S. chip bans not meant to hobble China’s growth, Blinken says
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By Stephen Nellis (Reuters) – U.S. export controls on sending advanced computing chips to China are not meant…
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Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
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(Reuters) -Apple Inc has renewed discussions with OpenAI about using the startup’s generative AI technology to power some…
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How Trump could influence the makeup of the Fed
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(Reuters) – Donald Trump’s allies are reported to be drafting proposals to erode the Federal Reserve’s independence if…
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Earnings for Big Oil backpedal as natgas prices tumble
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By Sabrina Valle HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results on Friday due…
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Warren Buffett’s real estate brokerage reaches $250 million antitrust settlement
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By Jonathan Stempel (Reuters) – A real estate brokerage owned by Warren Buffett’s Berkshire Hathaway said on Friday…
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