TSMC shares jump after Berkshire Hathaway discloses big stake
TAIPEI (Reuters) – TSMC’s Taiwan-listed shares opened up more than 4% on Tuesday after Warren Buffett’s Berkshire Hathaway Inc said it had bought more than $4.1 billion of stock in…
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TAIPEI (Reuters) – TSMC’s Taiwan-listed shares opened up more than 4% on Tuesday after Warren Buffett’s Berkshire Hathaway Inc said it had bought more than $4.1 billion of stock in…
(Reuters) – FTX founder and former Chief Executive Sam Bankman-Fried said he expanded his business too fast and failed to notice signs of trouble at the exchange, whose downfall sent…
By Anant Chandak BENGALURU (Reuters) – Bank Indonesia will deliver a third consecutive 50 basis point interest rate rise on Thursday, according to a strong majority of economists polled by…
By Paresh Dave SAN FRANCISCO (Reuters) -“Fortnite” video game maker Epic Games on Monday asked a three-judge federal appeals panel to overturn portions of a lower court antitrust ruling that…
By Mike Stone WASHINGTON (Reuters) – Ukraine has made a new appeal for the United States to supply it with powerful drones and anti-drone missiles, hoping Washington will reverse its…
Australia’s central bank expects to raise interest rates further over the period ahead but stuck with a smaller hike this month partly due to concerns of falling housing prices hurting…
By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department said Monday that six airlines were slapped with $7.25 million in penalties and agreed to issue $622 million in passenger…
Australia’s central bank intends to limit its use of forward guidance on policy after its usage during the pandemic drew criticism when rates were raised much earlier than previously envisaged.…
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks ended lower on Monday in choppy trade and U.S. bond yields rose as investors assessed comments from Federal…
By Sameer Manekar (Reuters) -Australia’s top fertiliser maker Incitec Pivot Ltd said on Tuesday it received a number of potential buyout offers for its U.S. ammonia manufacturing facility, sending its…
By Chris Prentice (Reuters) -U.S. prosecutors in New York are probing FTX’s collapse, a source with knowledge of the investigations said, after the crypto exchange filed for bankruptcy protection last…
By Lewis Krauskopf, Ankika Biswas and Amruta Khandekar (Reuters) – Wall Street’s main indexes ended lower on Monday, with real estate and discretionary sectors leading broad declines, as investors digested…
By Lucy Craymer WELLINGTON (Reuters) -The New Zealand house price index saw its largest drop in 30 years last month and sales activity was particularly soft, fuelling expectations that prices…
By John McCrank and Alun John NEW YORK (Reuters) -Regulators opened probes following last week’s spectacular collapse of crypto exchange FTX and rival exchanges sought to reassure jittery investors of…
(Reuters) -Australia’s Nitro Software said on Tuesday its board had determined the near A$500 million ($335 million) offer from KKR Inc’s Alludo to be “superior” to an earlier bid from…
By Ludwig Burger (Reuters) – Roche’s Alzheimer’s drug candidate could not be shown to slow dementia progression in two drug trials, leaving rivals Biogen and Eisai as leaders in a…
(Reuters) – Hedge fund Elliott Investment Management raised its stake in social media platform Pinterest while adding Clarivate Plc, Cardinal Health and Triple Flag Precious Metals Corp to its portfolio,…
By David Randall and Svea Herbst-Bayliss NEW YORK (Reuters) -Farallon Capital Management, Triatomic Capital and Franklin Resources Inc were among the large investors that added positions in Twitter Inc over…
(Reuters) -Michael Barr, the Federal Reserve’s top regulatory official, said Monday the U.S. central bank is watching for any stresses to the financial system amid a weakening economy, and signaled…
(Reuters) – Amazon.com Inc founder Jeff Bezos will give away a majority of his $124 billion wealth during his lifetime, the billionaire told CNN in an interview on Monday. Without…
(Reuters) – Illumina Inc said on Monday it was cutting 5% of its global workforce to realign its operating expenses as stubborn inflation and a strong dollar weigh on the…
By Diane Bartz and Paresh Dave WASHINGTON (Reuters) – Elon Musk’s lawyer late last week sought to reassure Twitter Inc employees that they would not be held personally liable if…
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Ghana picked financial advisers Lazard and Global Sovereign Advisory (GSA) as it prepares for a rework of its overseas and…
(Reuters) – British Prime Minister Rishi Sunak will increase the national living wage and give 8 million households cost-of-living payments worth up to 1,100 pounds($1,292.61), The Times reported on Monday.…
(Reuters) – Uruguayan payments firm dLocal posted a higher third-quarter net profit compared with last year as payment volumes on its platform jumped, the company said in a statement on…