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Nintendo promises 10% pay hike even as it trims profit outlook
TOKYO (Reuters) -Japanese video game maker Nintendo Co Ltd said on Tuesday it plans to lift workers' base pay by 10% even though a firmer yen forced it to trim its full-year profit forecast. The hefty...
Syndicated Content Feb 07, 2023
ANZ to raise home loan rate by 25 bps, matching central bank move
(Reuters) - Australia and New Zealand Banking Group said on Tuesday it would raise its Australian variable home loan rates by 25 basis points (bps), passing on the central bank's latest interest rate ...
Syndicated Content Feb 07, 2023
DCG sells shares in Grayscale as it seeks to raise funds – FT
(Reuters) - Digital Currency Group (DCG) is selling shares in several of its cryptocurrency funds at a high discount, and has started offloading its holdings in investment vehicles run by subsidiary G...
Syndicated Content Feb 07, 2023
SoftBank posts loss as Vision Fund in the red for fourth straight quarter
TOKYO (Reuters) -SoftBank Group Corp on Tuesday booked a net loss for October-December, with its giant Vision Fund investment unit staying in the red for the fourth straight quarter as tech portfolio ...
Syndicated Content Feb 07, 2023
ChatGPT mania pumps up Chinese AI technology stocks
SHANGHAI (Reuters) - Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around the Microsoft-backed ChatGPT chatbot spurs speculative bets on the revol...
Syndicated Content Feb 07, 2023
BNP Paribas misses Q4 market expectations, raises 2025 targets
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) - BNP Paribas, the euro zone's biggest lender, posted a lower-than-expected net profit in the fourth quarter, as a jump of its cost of risk and...
Syndicated Content Feb 07, 2023
Cryptoverse: Is bitcoin out of the woods? Consider the options
By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan (Reuters) - Have bitcoin and ether finally turned a corner? It's looking that way, if crypto options traders are anything to go by. The vol...
Syndicated Content Feb 07, 2023
Chinese ecommerce giant Alibaba-backed Daraz cuts workforce by 11%
By Ariba Shahid KARACHI, PAKISTAN (Reuters) - Alibaba Group subsidiary, Daraz Group, an e-commerce platform, is reducing its workforce by 11% to prepare for the 'current market reality', the group's C...
Syndicated Content Feb 07, 2023
Holcim to acquire U.S. roofing systems firm Duro-Last for $1.29 billion
ZURICH (Reuters) -Holcim AG said on Tuesday it has agreed to acquire U.S. roofing systems manufacturer Duro-Last. The Swiss cement maker said the transaction is valued at $1.29 billion and that, as a ...
Syndicated Content Feb 06, 2023
Marketmind- Market to ChatGPT: what’s Powell gotta say?
A look at the day ahead in European and global markets from Ankur Banerjee Investors are just about coming to terms with the eye-popping payrolls number from Friday, but with Fed Chair Jerome Powell d...
Syndicated Content Feb 06, 2023
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