HANOI, May 25 (Reuters) – Vietnamese electric vehicle (EV) maker VinFast said it was recalling all the first batches of vehicles it shipped to the United States last year following a warning safety certificates issued by the American authorities. The move came after the US National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s … Read more
May 24 (Reuters) – Nvidia Corp (NVDA.O) on Wednesday forecast second-quarter revenue more than 50% above Wall Street estimates, and said it was increasing supply to meet demand. growing demand for its artificial intelligence chips, which are used for power ChatGPT and many similar services. Shares of Nvidia, the world’s most valuable listed semiconductor company, … Read more
Launch of a new round of negotiations on the debt ceiling Citigroup abandons sale of units in Mexico Agilent falls on lower annual forecast Indices down: Dow 0.82%, S&P 0.89%, Nasdaq 0.94% May 24 (Reuters) – Major Wall Street indexes fell on Wednesday as talks between the White House and Republican representatives on raising the … Read more
(1/2) A shopping cart is seen at a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. REUTERS/Brendan McDermid NEW YORK, May 23 (Reuters) – (This May 23 story has been edited to correct spelling of Carnell’s first name to Erik, from Eric, in paragraph 8) Target, which launched its Pride … Read more
May 24 (Reuters) – Kohl’s Corp (KSS.N) reported a surprise profit on Wednesday as its new CEO’s efforts to turn around the company that saw its margins slump last year began yielding results, pushing shares of the department store chain up 19%. The company also stuck to its full-year targets, though it saw a bigger-than-expected … Read more
May 23 (Reuters) – UBS Group AG (UBSG.S) said on Tuesday it was negotiating with Swiss authorities over loss protections related to its takeover of Credit Suisse Group AG (CSGN.S) and its demands capital regulations. The disclosure underscores how aspects of the merger between the two banks, hastily arranged over a weekend in mid-March by … Read more
May 23 (Reuters) – Shutterstock Inc (SSTK.N) said on Tuesday it would buy motion-picture platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash, months after that the Facebook owner has agreed to divest the company over competition concerns. Last year, the UK competition regulator ordered Meta to sell Giphy over concerns … Read more
May 22 (Reuters) – Mizuho Financial Group Inc is to buy U.S. mergers and acquisitions advisory firm Greenhill & Co Inc for $550 million including debt, the companies said on Monday. as Japan’s third-largest lender eyes a bigger share of the world’s largest investment banking fee pool. Greenhill shares more than doubled to close at … Read more
May 22 (Reuters) – Shares of PacWest Bancorp (PACW.O) jumped on Monday after the troubled regional lender announced it had agreed to sell $2.6 billion in construction home loans at a price reduced in order to improve its balance sheet. PacWest shares rose nearly 20% on the deal, giving the Los Angeles-based bank breathing space … Read more
Deal increases Chevron’s production by 240,000 barrels per day The company will raise its outlook for capital expenditure on purchase Chevron shares fall 1%, PDC Energy gains 8% May 22 (Reuters) – Chevron Corp (CVX.N) said on Monday it was increasing its oil and gas footprint in the United States by acquiring shale producer PDC … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/PT2E2HKDKVKMDIDHYRMK4WWD4M.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/KF4I2HVIS5OOJJSWS5G2D6PFXQ.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/TQSE2G6JUFLL7HQZHV3ONOYORQ.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/4ZRMT7S52BM5TCBCVNHYPHVC2Q.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/Z4QEUBNMAROWVGDX6YOHIZVWRI.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/2LCFF7TUBZLI7H7YGKURE54W6A.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/UXZLZM7REJLOVNQICSKEK7EYKU.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/X6WAY32L2BOMNBU2TFOA3XEF74.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/B54IQXHT75O3DM4DS7DXNAS6HI.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/47KFOIWMZFNYJNUCEKO7MMATV4.jpg)