Business
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Temasek-Backed Vertex Set To Raise Almost $500M For New China-Focused Fund
Venture capital firm Vertex Ventures, backed by Singapore state investor Temasek, is expected to raise almost...
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Credit Suisse Pays $495M To Resolve Legacy U.S. Case
Summary Settlement ends bank's biggest outstanding RMBS case Credit Suisse says settlement is completely covered by...
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Elon Musk Sold $1M Worth Of New ‘Burnt Hair’ Perfume
Elon Musk, the world’s wealthiest man, has discovered a new opportunity to capitalize on quirky products,...
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Russia’s Aeroflot Passenger Numbers Dropped By 8.2% Year-on-Year – Ifax
Russian flag carrier Aeroflot reported that its group passenger numbers plunged by 8.2% year on year...
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Google Allowed Trump’s Truth Social Into Play Store
Alphabet Inc's (GOOGL.O) Google has allowed former U.S. President Donald Trump's social media app Truth Social...
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China Experiences Its “Sputnik” Moment As US Export Bans Dent Its Chip Ambitions
U.S. export bans on chip equipment to China are likely to result in its "Sputnik" moment,...
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U.S. Struggles To Avert Export Limitations On China Chips From Unsettling Supply Chain
The U.S. is struggling to deal with unexpected consequences of its new export curbs on China’s...
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Biden’s Labor Proposal Reorganizes Gig Economy That Relies Heavily On Contractors
Summary Proposed rule affecting Gig economy sends shares of Lyft, Uber, and DoorDash falling Requires 'economically...
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Intel To Drop Thousands Of Workers Due To PC Slowdown – Bloomberg News
Chipmaker Intel Corp (INTC.O) is planning a significant reduction in its workforce, likely totaling thousands, in...
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China Suggests The Idea Of ‘Asian Yuan’ To Minimize Reliance On The US Dollar
Researchers from a Chinese state-operated think tank have now floated the idea of an Asia yuan...
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