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Business
Elon Musk briefly loses title as world’s richest person to LVMH’s Arnault – Forbes
Dec 7 (Reuters) – Twitter owner and Tesla (TSLA.O) boss Elon Musk briefly lost his title as the world’s richest…
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HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC
Deal comes amid pressure from Chinese shareholder Analysts hail ‘sensible’ transaction Bank could return deal proceeds to shareholders LONDON/TORONTO/NEW YORK,…
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Vietnam’s VinFast ships first electric vehicles to U.S. customers
HAI PHONG, Vietnam, Nov 25 (Reuters) – Vietnam’s electric vehicle maker VinFast said on Friday it had shipped its first…
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Crypto lender Genesis says no immediate plans to file for bankruptcy
Nov 21 (Reuters) – Cryptocurrency lender Genesis said on Monday it has no immediate plans to file for bankruptcy, days…
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SoftBank shares tumble after Vision Fund reports another big loss
TOKYO, Nov 14 (Reuters) – Shares in Japan’s SoftBank Group Corp (9984.T) plunged on Monday after the company reported a…
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Musk sells Tesla shares worth $3.95 bln days after Twitter takeover
Nov 8 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk has sold 19.5 million shares of the electric…
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Business
Philip Morris clinches Swedish Match after smoking out opposition
PMI needs 90% stake for compulsory buyout of minorities PMI believes that target can eventually be reached PMI says top…
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Buffett’s Berkshire loses money as stocks, Hurricane Ian offset rising demand
Nov 5 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising…
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Business
PayPal’s “prudent” revenue growth forecast cut sinks shares
Nov 3 (Reuters) – Online payments firm PayPal Holdings Inc (PYPL.O) cut its annual revenue growth forecast in anticipation of…
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Business
Exxon’s record-smashing Q3 profit nearly matches Apple’s
Oil firm smashes Wall Street forecasts with $19.7 billion profit Exxon’s fossil-fuel bets eclipse rivals Shell, TotalEnergies Company projects flat…
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