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Air New Zealand sees 'significant' hit to flight schedule from RTX engine issue
09/12/2023

Air New Zealand sees 'significant' hit to flight schedule from RTX engine issue

Exclusive: Goldman shrinks executive committee, moves admin officer to banking, markets -memo
09/12/2023

Exclusive: Goldman shrinks executive committee, moves admin officer to banking, markets -memo

Eddie Yongming Wu will take over as acting chairman and CEO of the cloud unit, and will also take over as CEO of the fir...
09/11/2023

Eddie Yongming Wu will take over as acting chairman and CEO of the cloud unit, and will also take over as CEO of the firm, effective immediately, Alibaba said in a statement released on the Hong Kong Stock Exchange.

09/11/2023

Shares of Alibaba Group (HK:9988) (NYSE:BABA) slumped in Hong Kong trade on Monday after the e-commerce giant said that outgoing chief executive Daniel Zhang will also step down as the head of its cloud unit.

The agency argued that “knotty legal problems” surrounding the court’s application of the law — specifically the Howey t...
09/10/2023

The agency argued that “knotty legal problems” surrounding the court’s application of the law — specifically the Howey test — warrant a review.

The United States Securities and Exchange Commission has submitted a filing urging the court to grant its motion to appe...
09/10/2023

The United States Securities and Exchange Commission has submitted a filing urging the court to grant its motion to appeal a ruling from the Ripple Labs lawsuit that deemed the XRP (XRP) token to not be a security when sold to retail investors.

MEXICO CITY (Reuters) -Mexico's government expects the economy to grow by between 2.5% and 3.5% next year, in line with ...
09/09/2023

MEXICO CITY (Reuters) -Mexico's government expects the economy to grow by between 2.5% and 3.5% next year, in line with this year's growth, according to a budget blueprint released on Friday that includes fresh taxpayer assistance for the country's ailing state oil company.

Latin America's biggest economy after Brazil will likely grow 3% this year.

The finance ministry's 2024 draft budget forecasts headline inflation slowing to 3.8% by the end of next year, confirming a Reuters report, compared with a 4.5% rate of rising consumer prices this year.

A draft seen by Reuters had forecast 2024 economic growth at 2.4%, below the final published figure.

SHANGHAI/TAIPEI (Reuters) -China's widening curbs on iPhone use by government staff intensified a sell-off in global tec...
09/09/2023

SHANGHAI/TAIPEI (Reuters) -China's widening curbs on iPhone use by government staff intensified a sell-off in global tech stocks on Friday on fears Apple and its suppliers could take a hit from rising Sino-U.S. tensions and growing competition from Huawei.

Apple shares (NASDAQ:AAPL) tumbled 6.4% in the previous two days, wiping $190 billion from its market capitalisation, following news Beijing ordered some central government employees in recent weeks to stop using iPhones at work.

Several Wall Street analysts on Friday said the selloff was overdone, claiming that any revenue hit for Apple would likely be small due to the phone's popularity in China. After two days of declines, Apple shares rebounded in Friday trading, up 1.3%

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