FX Industry
AMD Revenue Surpasses Targets, Wall Street Relieved After Intel’s Grim Outlook
U.S. chip maker Advanced Micro Devices Inc (AMD.O) on Tuesday reported revenue that topped Wall Street targets and said it expected business to pick up in the second half, exciting...
Read moreJD Sports Suffered A Cyber-Attack That Leaked 10M Customers’ Data
Retail group says incident affected shoppers at JD, Blacks, Size?, Millets, Scotts, and Millets Sport brands The fashion retailer JD Sports said the personal and financial information of 10 million...
Read moreShell 2022 Profits Explode To A Record $40 Billion
Summary Fourth-quarter profit of $10 bln tops estimates Shell to buyback $4 bln in shares LNG trading key driver in Q4 profits Shell (SHEL.L) delivered a record $40 billion profit...
Read moreFord To Slash Prices Of Mustang Mach-E, Following Tesla’s Lead
Ford Motor Co (F.N) on Monday slashed prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle, weeks after rival Tesla Inc (TSLA.O) cut prices...
Read moreAdani’s $2.5B Share Sale Faced Critical Day After Rout
Gautam Adani faces a crucial day on Monday with his flagship company's $2.5 billion share sale's second day of bidding dwarfed by a $48 billion rout in the Indian billionaire's...
Read moreIntel’s ‘Historic Collapse’ Evaporates $8 Billion From Market Value
Intel Corp (INTC.O) saw about $8 billion erased from its market value on Friday after the U.S. chipmaker stumped Wall Street with bleak earnings projections, fueling fears around a slowdown...
Read moreEV Maker Lucid Value Spikes On Report Saudi PIF To Purchase Remaining Stake
Lucid Group's (LCID.O) shares rose 43% on Friday, reducing gains after doubling on market speculation that Saudi Arabia's Public Investment Fund (PIF) planned to acquire the electric vehicle maker. The...
Read moreNissan And Renault Draw Near Overhaul Of Alliance
Nissan and Renault are drawing closer to a sweeping overhaul of their globe-spanning auto making alliance as senior executives convene on Thursday for talks to revive the two-decade-old partnership and...
Read moreChevron Commits $75B For Share Buybacks As Cash Reserves Increase
Chevron Corp (CVX.N) on Wednesday said it would triple its budget for share buybacks to $75 billion, the oil industry's most ambitious shareholder payouts yet, as high gas and oil...
Read moreBankrupt Brazilian Retailer Americanas Owes Nearly $8B, Says Court
Brazilian retailer Americanas SA (AMER3.SA) owes an array of creditors nearly $8 billion, a Rio de Janeiro court said on Wednesday, giving the most complete picture yet of the exposure...
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