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Arm deal collapse leaves SoftBank asset sales in disarray
By Sam Nussey TOKYO (Reuters) - The collapse of SoftBank Group Corp's deal to sell chip designer Arm to Nvidia marks a major setback to the Japanese conglomerate's efforts to generate funds at time wh...
Syndicated Content Feb 07, 2022
Indonesia FX reserves fall $3.6 billion in Jan to $141.3 billion
JAKARTA (Reuters) - Indonesia's foreign exchange reserves fell by $3.6 billion in January to $141.3 billion, a level equivalent to 7.6 months of imports, the central bank said on Tuesday. Bank Indones...
Syndicated Content Feb 07, 2022
Ex-Bank of America lawyer loses appeal of conviction for assault of Hong Kong policeman
By Jessie Pang HONG KONG (Reuters) - An American lawyer convicted of assaulting a plain-clothes Hong Kong police officer during anti-government protests in 2019 lost his appeal on Tuesday and was take...
Syndicated Content Feb 07, 2022
Asian stocks, euro hold steady ahead of U.S. inflation data
By Anshuman Daga SINGAPORE (Reuters) - Asian equities consolidated recent gains as investors' sentiment improved amid strong results by U.S. companies, helping stocks recover from the worst start to t...
Syndicated Content Feb 07, 2022
Tesla cut steering component from some cars to deal with chip shortage – CNBC
(Reuters) - Tesla Inc decided to remove one of the two electronic control units included in the steering racks of some made-in-China Model 3 and Model Y cars to meet fourth-quarter sales goals while c...
Syndicated Content Feb 07, 2022
Fund wants Guess founders off board amid sexual misconduct allegations – source
BOSTON (Reuters) - An activist investment firm wants Guess? Inc to remove the two brothers who co-founded the retailer, arguing allegations of sexual misconduct against one of them are holding the com...
Syndicated Content Feb 07, 2022
Oil slips from 7-year highs ahead of more U.S.-Iran talks
By Emily Chow BEIJING (Reuters) - Oil prices eased on Tuesday morning ahead of the resumption of indirect talks between the United States and Iran which may revive a nuclear deal that could lead to th...
Syndicated Content Feb 07, 2022
WuXi Biologics sees no impact from addition to unverified list for U.S. exports
BEIJING (Reuters) - WuXi Biologics said in a statement on Tuesday on WeChat that two of its subsidiaries being put on the U.S. Commerce Department's "unverified list" will have no impact on its busine...
Syndicated Content Feb 07, 2022
Macro funds a rare plus in negative January for hedge funds -HFR
(Reuters) - Macro hedge funds made money in January, data provider HFR said on Monday, bucking the trend of widespread industry losses as markets succumbed to a wave of volatility triggered by high in...
Syndicated Content Feb 07, 2022
Biden science adviser Lander resigns after workplace complaints- report
LOS ANGELES (Reuters) - Eric Lander, a top science adviser to U.S. President Joe Biden, resigned on Monday after reports that he bullied and demeaned staffers, according to The Washington Post. (Repor...
Syndicated Content Feb 07, 2022
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