Sea’s $10 Billion Wipeout Lays Hard Road Back From Tech Crash
Sea Ltd.’s historic 29% tumble erased close to $10 billion from its market value, wiping out a quarter
2023-08-16 12:57
Payments Startup Dlocal Taps Former MercadoLibre CFO Arnt as Co-CEO
Uruguay’s first tech unicorn, Dlocal, named e-commerce veteran Pedro Arnt as its co-chief executive officer as the firm
2023-08-16 04:25
Brazil fuel price hike to trigger inflation revision, says central bank chief
BRASILIA (Reuters) -Brazil will likely need to upwardly revise its inflation estimates, central bank Governor Roberto Campos Neto said on
2023-08-16 01:55
US Congressman Bacon Says His Emails Were Hacked in Campaign Linked to China
US Representative Don Bacon said he is among those whose emails were hacked in an espionage campaign that
2023-08-15 23:50
US Retail Sales Top Forecasts, Showcasing Consumer Resilience
US retail sales rose in July by more than forecast, highlighting how the resilience of consumers is helping
2023-08-15 20:56
Janet Yellen explains her 'magic mushroom' experience in China
US Treasury Secretary Janet Yellen ate a "magic mushroom" on a recent trip to Beijing, but the aftereffects don't sound that special.
2023-08-15 20:51
Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand
Sea Ltd.’s revenue missed estimates after its e-commerce division posted slowest growth on record, reflecting fallout from economic
2023-08-15 19:55
Target’s Struggles Are Only Getting Worse
Target Corp.’s results have been deteriorating since last year, and the retailer is likely to add to investors’
2023-08-15 18:00
Indonesia’s GoTo Cuts Loss After Bottom-Line Focus Pays Off
GoTo Group narrowed losses after prioritizing the bottom-line over revenue growth, taking the Indonesian internet leader closer to
2023-08-15 16:15
Amazon’s Leader on Alexa, Echo and Other Devices Plans to Leave
Amazon.com Inc. devices chief Dave Limp plans to retire — the latest senior leader to announce his departure
2023-08-15 05:26
Grove Collaborative Changes CEO, Raises $10 Million After SPAC Flameout
Grove Collaborative Holdings is replacing its longtime chief executive officer after the seller of household essentials struggled since
2023-08-15 04:17
PayPal Names Intuit’s Alex Chriss CEO, Replacing Schulman
PayPal Holdings Inc. named Alex Chriss chief executive officer, tapping a longtime fintech executive with a focus on
2023-08-14 23:23