by | Jul 22, 2024 | Highlights
Reuters was first to report that a U.S. judge approved an auction process that could lead to the breakup of Venezuela owned Citgo Petroleum, the seventh-largest U.S. oil refiner. Two years after first authorizing a sale of shares in Citgo’s parent company, PDVSA, the...
by | Jul 22, 2024 | Highlights
Reuters exclusively reported U.S. chip toolmaker KLA Corp will cease offering some supplies and services to China-based customers including South Korea’s SK Hynix in compliance with recent U.S. regulations. The move underscores huge business headwinds facing...
by | Jul 22, 2024 | Highlights
Reuters exclusively reported that China’s securities regulators have asked some hedge fund managers to restrict short selling in its stock index futures market, as authorities seek to stabilise sinking stocks. The post China regulators ask funds to curb short selling...
by | Jul 22, 2024 | Highlights
Reuters exclusively reported that Japanese stocks have made a blazing start to 2024, surging to three-decade highs as a weaker yen and expectations of interest rates staying low have re-ignited the strongest rally for years. The post Sparkling start puts spotlight on...
by CEO of Boston Made, Inc. | Jul 22, 2024 | Highlights
Reuters exclusively revealed more than 40 European rivals to Google’s shopping service urged European Union (EU) antitrust regulators to use newly adopted tech rules to ensure the Alphabet unit complies with a 2017 EU order to allow more competition on its search...
by CEO of Boston Made, Inc. | Jul 22, 2024 | Highlights
Shares of the AI Darling Slumped Nearly 9% Last Week Source: TradingView.com Key Takeaways Nvidia shares slumped nearly 9% last week as investors scaled back bets in some of this year’s top performing AI chipmakers over mounting concerns about tougher trade...