Tech

Cineworld gets no offer for whole company, warns on shareholders’…

Posted by February 24, 2023

Says insufficient creditor support for recovery of equity interestsShares down 29%, worth less than 3 penceFeb 24 (Reuters) - Cineworld (CINE.L) said on Friday

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China-addicted luxury stocks cheer Beijing’s looser COVID curbs

Posted by December 27, 2022

PARIS, Dec 27 (Reuters) - Shares in global luxury goods groups, which rely heavily on Chinese shoppers, rose on Tuesday after Beijing further relaxed some COVID

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Meta is building virtual world open to app makers, CEO…

Posted by December 20, 2022

SAN JOSE, Calif., Dec 20 (Reuters) - Meta Platforms Inc (META.O) boss Mark Zuckerberg defended his acquisition of a virtual reality fitness app to an antitrust

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U.S. SEC issues new guidance on disclosing crypto risks

Posted by December 8, 2022

Dec 8 (Reuters) - The U.S. securities regulator on Thursday advised public companies to examine whether they need to disclose to investors any potential impacts

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Factbox: Crypto companies crash into bankruptcy

Posted by December 1, 2022

Dec 1 (Reuters) - 2022 has been a rough year for the crypto industry. The price of bitcoin has dropped 65% since the start of the year, the cryptocurrency Luna

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Going public? For life sciences companies, pivoting in a down…

Posted by November 17, 2022

November 17, 2022 - As part of their growth strategy, private biotech and pharmaceutical companies often seek to raise capital through initial public offerings

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Exclusive: Morgan Stanley to start layoffs in coming weeks as…

Posted by November 3, 2022

HONG KONG, Nov 3 (Reuters) - Wall Street major Morgan Stanley (MS.N) is expected to start a fresh round of layoffs globally in the coming weeks, three people wi

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Credit Suisse seeks billions from investors in make-or-break shake-up

Posted by October 27, 2022

Sweeping overhaul aims to restore confidence in bankCEO says 'we need to get this right'Shares fall as much as 18%ZURICH, Oct 27 (Reuters) - Credit Suisse (CSGN

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Nasdaq divides business into three units to streamline operations

Posted by September 28, 2022

Sept 28 (Reuters) - Nasdaq Inc (NDAQ.O) said on Wednesday it was reorganizing its business into three divisions to focus on major growth areas as competition am

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India’s WinZO sues Google to stop new gaming policy, calls…

Posted by September 20, 2022

FILE PHOTO: The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo/Fi

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