US to finalize billions in funding for Rivian and Plug before Trump.
The Biden administration is poised to finalize billions of dollars in financing for electric-vehicle maker Rivian Automotive Inc (RIVN). and hydrogen manufacturer […]
TSMC’s Q4 profit rises 57% to a record, in line with forecast.
Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it benefits from […]
US to push TSMC, Samsung into tightening China chip supplies- Bloomberg.
The U.S. is planning more regulations aimed at limiting the flow of advanced chips made by TSMC and its peers into China, […]
Japanese yen rises after BOJ’s Ueda says rate hike possible with economic progress.
The Japanese yen strengthened on Wednesday after the Bank of Japan (BOJ) Governor Kazuo Ueda indicated that the central bank may consider […]
Bureau Veritas in talks to combine with Swiss testing firm SGS.
France’s Bureau Veritas is in talks to combine with Swiss testing and inspection company SGS (SIX:SGSN), the companies said on Wednesday. There can be […]
Morning Bid: Markets catch a break before inflation, earnings
LONDON, Jan 13 (Reuters) – The number of job vacancies in London’s financial sector dropped by almost a fifth in the last […]
JPMorgan Chase exec Daniel Pinto, longtime No. 2 to Jamie Dimon, will step down in June
JPMorgan Chase said Tuesday that Chief Operating Officer and President Daniel Pinto will step down from those roles in the coming months, setting off an […]
CFPB sues Capital One, alleges it misled consumers on savings rates
The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out […]
China’s Banks Approve $196 Billion in Loans to Support New Home Delivery
Chinese banks have committed 1.4 trillion yuan ($196 billion) in loans to support more than 5,000 real estate projects that qualify for […]
Bank of Singapore sees Middle East accounting for a fifth of assets over 3 to 5 years
Bank of Singapore aims to grow its business in the Middle East with the region contributing up to 20% of its overall […]
Societe Generale leaves London Metal Exchange’s open-outcry trading floor
Societe Generale International (SOGN.PA), opens new tab will drop its membership of the London Metal Exchange’s open-outcry trading floor, the exchange said on Friday, […]
Deutsche Bank settles bulk of Postbank claims, but others hold out
Deutsche Bank (DBKGn.DE), opens new tab has more work to do to overcome its Postbank troubles even after announcing settlements with more than half […]