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European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Warburg Pincus names Asia real estate chief Perlman as president By Reuters

By Kane Wu (Reuters) – Private equity firm Warburg Pincus on Wednesday named its Asia head of real estate Jeffrey Perlman as successor to Timothy

Netflix's Show Doesn't Always Go On
Finances

Netflix's Show Doesn't Always Go On

Strong subscriber growth doesn’t deliver big revenue boost, and Hollywood strikes are having an impact. Source link

Memory chipmaker Micron expects revenue drop, expects AI to boost sales in 2025 By Reuters
Finances

China’s Washington envoy warns of retaliation against further US tech curbs By Reuters

© Reuters. FILE PHOTO: Xie Feng, China’s new ambassador to the U.S., addresses the media as he arrives at JFK airport in New York City,

Elliott Takes Big Stake in Drugmaker Catalent
Finances

Elliott Takes Big Stake in Drugmaker Catalent

The activist is pushing for a shake-up of the contract drug manufacturer’s board. Source link

Finances

US government agencies target purchasing 9,500 EVs in 2023 By Reuters

© Reuters. An electric vehicle is seen charging in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly By David Shepardson WASHINGTON (Reuters) -U.S. government

United Airlines Triples Second-Quarter Profit
Business

United Airlines Triples Second-Quarter Profit

The carrier lifted its earnings outlook on increased passenger volumes, and its CEO vowed to make changes after late-June disruptions. Source link

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

China to keep rates on hold … for now By Reuters

© Reuters. FILE PHOTO: Passersby are reflected on an electric stock quotation board outside a brokerage in Tokyo, Japan April 18, 2023. REUTERS/Issei Kato/File photo

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

US suspends federal funding to Wuhan lab over non-compliance By Reuters

© Reuters. FILE PHOTO: Security personnel keep watch outside Wuhan Institute of Virology during the visit by the World Health Organization (WHO) team tasked with