Tag: CYCP08
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Wall St falls on bank stocks tumble, jobs report jitters
Investors are looking forward to Friday’s jobs report Bank shares plummet after SVB announces share sale General Electric rises after repeated forecast Indexes down: Dow 1.85%, S&P 1.66%, Nasdaq 2.05% March 9 (Reuters) – Wall Street’s three major stock indices closed lower on Thursday, with banking stocks the biggest drag, while investors also worried Friday’s […]
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Exclusive: Dutch respond to US China policy with plan to curb semiconductor technology exports
AMSTERDAM/WASHINGTON March 8 (Reuters) – The Dutch government on Wednesday announced it was planning new restrictions on exports of semiconductor technology to protect national security, joining the United States’ efforts to limit chip exports to China. curb. The U.S. imposed sweeping export restrictions on shipments of U.S. chip-making tools to China in October, but for […]
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Adidas boss sees turnaround after Kanye West split
Split with Kanye West weighs on 2022 results Dividend drops to 0.7 euros/share CEO promises turnaround after predicted loss in 2023 Adidas is still deciding whether to reuse Yeezy stock HERZOGENAURACH, Germany/London, March 8 (Reuters) – Adidas (ADSGn.DE) will cut its dividend for 2022, the sportswear maker said on Wednesday, after warning that a split […]
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US mortgage rates rise to highest level since November – MBA
Feb 22 (Reuters) – The average interest rate on the most popular US home loan rose to its highest level since November last week as bond markets feared the Federal Reserve would have to continue to tighten policy until the summer to contain inflation, data of the mortgage interest deduction. The Bankers Association (MBA) showed […]
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Jaguar Land Rover opens three European self-driving tech hubs
LONDON, Feb. 21 (Reuters) – Luxury car maker Jaguar Land Rover said on Tuesday it is opening three new tech hubs in Europe to develop autonomous vehicle technologies as part of its partnership with Silicon Valley artificial intelligence company Nvidia (NVDA.O) . The hubs in Munich, Bologna and Madrid will develop self-driving systems for JLR’s […]