Category Archives:
First Republic advisers have lined up potential purchasers of bank’s new stock – CNBC
(Reuters) - First Republic Bank's advisers have already lined up potential purchasers of new stock in the lender if they can fix the bank's balance sheet, CNBC reported on Wednesday, citing sources. T...
Apr 26, 2023
U.S. FAA names independent safety review team to boost air safety
By David Shepardson WASHINGTON (Reuters) - The Federal Aviation Administration (FAA) on Wednesday named an independent safety review team to look at ways to boost air safety after a series of close ca...
Apr 26, 2023
First Republic Bank shares plummet day after hitting record low
(Reuters) - First Republic Bank's shares fell more than 15% in premarket trading on Wednesday as the troubled lender's plans to turn around its business were scrutinized by investors. The company's sh...
Apr 26, 2023
‘AI All-Star’ Microsoft’s rosy earnings spark rally in tech stocks
(Reuters) - Microsoft Corp shares surged 8% premarket on Wednesday and lifted tech stocks after the company's robust earnings eased fears of a slowdown in cloud computing and boosted confidence that a...
Apr 26, 2023
BYD lowers starting price for Seagull electric hatchback
SHANGHAI (Reuters) - Chinese electric car maker BYD has set the starting price for its Seagull hatchback at 73,800 yuan ($10,658.89), about 6.3% lower than its initial advertised price, its website sh...
Apr 26, 2023
Boeing plans 737 MAX ramp-up, backs cash-flow goal
(Reuters) -Boeing Co said on Wednesday that it planned to ramp up production of its 737 MAX jets to 38 per month by year-end, while backing its annual cash-flow goal, as it tries to reassure investors...
Apr 26, 2023
UK blocks Microsoft $69 billion Activision deal over cloud gaming concerns
LONDON (Reuters) -Britain said it would block Microsoft's $69 billion acquisition of "Call of Duty" maker Activision Blizzard over its concerns it would hinder competition in cloud gaming. The country...
Apr 26, 2023
Yuan overtakes dollar to become most-used currency in China’s cross-border transactions
SHANGHAI (Reuters) - The yuan became the most widely-used currency for cross-border transactions in China in March, overtaking the dollar for the first time, official data showed, reflecting efforts b...
Apr 26, 2023
Taiwan chipmaker UMC says some happy to use China capacity others shun
By Sarah Wu and Ben Blanchard TAIPEI (Reuters) - A shift away from made-in-China chips amid Sino-U.S. tensions has opened up capacity that some customers are happy to use, Taiwanese chipmaker United M...
Apr 26, 2023
General Dynamics revenue rises on strong demand for weapons
(Reuters) -General Dynamics Corp on Wednesday reported a 5.2% rise in quarterly revenue, boosted by strong demand for weapons amid geopolitical instability. U.S. defense contractors have benefited as ...
Apr 26, 2023
Peoria, IL, USA
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