(Reuters) – Accounting firms Baker Tilly and Moss Adams have agreed to merge in a $7 billion deal, making it…
China retreats from US private equity investments, FT reports
(Reuters) -China’s state-backed funds are pulling back from investing in the funds of U.S.-headquartered private capital firms amid an escalating…
Hedge funds cut ‘Mag Seven’ to two-year low ahead of earnings
By Carolina Mandl NEW YORK (Reuters) -Global hedge funds last week dumped the so-called Magnificent Seven megacap stocks, bringing their…
China planemaker COMAC starts commercial operation in Vietnam
SHANGHAI ((Reuters)) – Two Chinese-made COMAC aircraft, branded as C909, started flying routes in Vietnam on Saturday, Commercial Aircraft Corporation…
DHL to suspend global shipments of over $800 to US consumers
BEIJING (Reuters) -DHL Express, a division of Germany’s Deutsche Post, said it would suspend global business-to-consumer shipments worth over $800…
Exclusive-Tesla to delay US launch of affordable EV, a lower-cost Model Y, sources say
By Abhirup Roy, Aditi Shah, Hyunjoo Jin SAN FRANCISCO/NEW DELHI/SEOUL (Reuters) -Tesla’s long-awaited plans for an affordable car include a…
Nvidia CEO stresses importance of China market in Beijing visit, Chinese state media reports
BEIJING (Reuters) – Nvidia CEO Jensen Huang said on Thursday that China was a very important market for Nvidia after…
China dismisses Zelenskiy’s claim it is supplying weapons to Russia
BEIJING (Reuters) – China’s foreign ministry dismissed as “groundless” on Friday an accusation by Ukrainian President Volodymyr Zelenskiy that the…
Google to appeal against part of US court’s decision in monopoly case
(Reuters) -Alphabet’s Google plans to appeal against the “adverse” portion of the court decision in the U.S. Department of Justice’s…
US judge temporarily blocks mass firings at consumer bureau
By Douglas Gillison WASHINGTON (Reuters) -A federal judge on Friday halted the mass firings carried out Thursday afternoon at the…