Category Archives:
Nvidia short sellers lose $826 million as stock jumps after strong forecast
(Reuters) - Investors with short position on Nvidia lost $826 million in mark-to-market losses on Thursday, data from analytics firm S3 Partners showed, as the world's largest chipmaker's shares surge...
Syndicated Content Aug 24, 2023
Meta to launch AI model for writing computer codes
(Reuters) - Meta Platforms on Thursday said it would release an artificial intelligence (AI) model designed to assist in writing computer code, furthering its push into the new technology. Code Llama,...
Syndicated Content Aug 24, 2023
Shein inks deal with Forever 21-owner as fast-fashion majors look to boost reach
(Reuters) - Shein said on Thursday it has partnered with SPARC Group, a joint venture between Forever 21-owner Authentic Brands and mall operator Simon Property, as the fashion retailers look to tap i...
Syndicated Content Aug 24, 2023
HSBC expands venture debt offering to early-stage startups in US
(Reuters) - HSBC said on Thursday it has expanded venture debt offering to early-stage startups through its U.S. innovation banking division. London-based HSBC has been catering to late-stage and matu...
Syndicated Content Aug 24, 2023
Nike shareholders push for more reporting on pay equity
By Katherine Masters NEW YORK (Reuters) - Proxy advisory firm Institutional Shareholder Services recommended on Wednesday that Nike investors vote for a resolution calling on the company to disclose m...
Syndicated Content Aug 24, 2023
Total spending on fuel subsidies topped $7 trillion in 2022, IMF says
By Libby George LONDON (Reuters) - Global subsidies for fossil fuels rose by $2 trillion over the past two years to reach a record $7 trillion in 2022, according to new estimates from the Internationa...
Syndicated Content Aug 24, 2023
US auto sales to rise in August on increased vehicle supply, strong demand
(Reuters) - New vehicle sales in the United States are expected to rise in August, helped by improved supply and strong demand for personal transport, a report from industry consultants showed on Thur...
Syndicated Content Aug 24, 2023
US FAA hires 1,500 air traffic controllers but staffing challenges remain
By David Shepardson WASHINGTON (Reuters) - The U.S. Federal Aviation Administration said on Thursday it had met its goal of hiring 1,500 air traffic controllers (ATC) for the year even as staffing cha...
Syndicated Content Aug 24, 2023
Campaigners threaten EU with legal action over climate policy
By Kate Abnett BRUSSELS (Reuters) - Environmental campaigners have taken a first step towards legally challenging the European Commission over a policy to reduce greenhouse gas emissions, which they s...
Syndicated Content Aug 24, 2023
US core capital goods increased modestly in July
By Safiyah Riddle (Reuters) - New orders for key U.S.-manufactured capital goods rose modestly in July, suggesting business spending on equipment could continue to grow after rebounding in the second ...
Syndicated Content Aug 24, 2023
Peoria, IL, USA
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