US SEC accepts six spot bitcoin ETF proposals for review
By Hannah Lang The U.S. Securities and Exchange Commission (SEC) has accepted applications to create spot bitcoin exchange-traded
2023-07-19 23:47
U.S. antitrust enforcers tackle digital platforms in new merger guidelines
WASHINGTON New draft guidelines released by U.S. antitrust enforcers on Wednesday lay the groundwork for tougher scrutiny of
2023-07-19 23:46
Wall Street Shrinks Headcount by 21,000 as Dealmaking and Trading Slump
Wall Street’s biggest banks whittled down their ranks by about 21,000 people in the first six months of
2023-07-19 23:27
UAE's Abu Dhabi sees strong industrial sector growth amid diversification push
(Corrects figure in third paragraph to 172 billion dirhams, not 171 billion dirhams in third paragraph) By Rachna Uppal ABU
2023-07-19 22:57
Analysis-French backlash scuppers appointment of US economist for EU Big Tech regulation
By Foo Yun Chee BRUSSELS A French-led backlash led to a U.S. economist withdrawing from a top European
2023-07-19 22:53
China to increase support for private firms to bolster recovery
By by Ella Cao and Kevin Yao BEIJING (Reuters) -China on Wednesday pledged to make the private economy "bigger, better
2023-07-19 22:23
Tesla to expand Europe's biggest car plant, cell production
By Victoria Waldersee BERLIN (Reuters) -Tesla is planning sweeping changes to its factory near Berlin, including extensions to its battery
2023-07-19 22:22
Strong US apartment construction suggests slide in rental costs
By Safiyah Riddle A surge in U.S. rental home construction could soften rent prices in the months ahead,
2023-07-19 22:18
Microsoft and Activision extend their deal deadline
Microsoft and Activision have mutually agreed to extend their merger deadline by three months in the face of ongoing negotiations with the UK government that could allow the $69 billion acquisition to close, the two companies announced on Wednesday.
2023-07-19 21:51
Northern Trust's Q2 profit drops on fee-based income weakness
Asset and wealth manager Northern Trust reported a 17% drop in second-quarter profit on Wednesday, as lower fee-based
2023-07-19 21:26
Goldman Sachs profits plunge 58% as dealmaking dries up
Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
2023-07-19 21:18
Halliburton, Baker Hughes beat on profit estimates, shares fall on outlook
By Arathy Somasekhar and Sourasis Bose (Reuters) -Halliburton Co and Baker Hughes on Wednesday reported results that beat analysts' estimates
2023-07-19 21:15