UBS Group has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse’s accounts from 2024, the Financial Times reported…
U.S. appeals court refuses FTC request to pause Microsoft deal for Activision
A U.S. appeals court on Friday rejected the Federal Trade Commission’s request to pause Microsoft (NASDAQ:MSFT)’s $69 billion purchase of “Call of Duty” maker Activision…
Chocolate maker Barry Callebaut’s sales fall on low demand
Barry Callebaut, the world’s biggest chocolate maker, on Thursday reported lower nine-month sales volumes than a year ago as customer demand dropped in an inflationary…
Exclusive-SoftBank considering US listing for its PayPay business – sources
SoftBank is considering a U.S. listing for its PayPay payments business, three sources familiar with the matter said, in what could mark another American listing…
Chinese tech giants extend rally on regulatory relief, stimulus bets
Heavyweight Chinese technology stocks rose on Tuesday, extending a recent run of strong gains as traders bet on a clearer regulatory outlook for the sector,…
Morgan Stanley bullish on Netflix the business, waits for better riskreward
Morgan Stanley remains neutral on Netflix (NASDAQ:NFLX) shares but raised its price target for the stock to $450 from $350 in a note to clients…
TotalEnergies boss 2024 U.S. election could cause energy shock
The U.S. presidential election could trigger a major energy shock if Republicans were to win and decide to halt hydrocarbon exports, Patrick Pouyanné, the chief…
US NTSB probes Boeing 737 MAX engine fire at Newark Airport
The U.S. National Transportation Safety Board said on Friday it is investigating an engine fire last week on a Boeing (NYSE: BA) 737-900 MAX plane…
Beijing Jabs in US-China tech fight with chip material export curbs
China’s restriction of exports of some metals widely used in semiconductors, electric vehicles, and high-tech industries has ramped up a trade war with the United…
South Korea’s POSCO plans $93 billion of investment by 2030
South Korean steelmaking and materials conglomerate POSCO (NYSE: PKX) Group, headed by POSCO Holdings, said on Monday it plans to invest 121 trillion won ($93 billion) by…