(Reuters) – NASA on Tuesday said it had picked U.S. rocket builder Firefly Aerospace to put a lander on the moon’s far …
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SHANGHAI/HONG KONG (Reuters) – The collapse of Silicon Valley Bank (SVB) will not impact China’s financial system but offers an important lesson …
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China battery giant CATL’s $5 billion Swiss listing delayed amid Beijing regulatory concerns – sources
by Reutersby ReutersBy Scott Murdoch, Julie Zhu and Kane Wu HONG KONG (Reuters) – Chinese battery giant CATL’s plan to raise at least $5 …
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Investors tiptoe back into US bank stocks, regulators probe SVB collapse
by Reutersby ReutersBy Chris Prentice (Reuters) – Bruised U.S. bank stocks regained some ground on Tuesday, as a sell-off sparked by Silicon Valley Bank’s …
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Fed to consider tougher rules for midsize banks after SVB collapse-source
by Reutersby ReutersBy Pete Schroeder (Reuters) -The Federal Reserve is considering tougher rules and oversight for midsize banks similar in size to Silicon Valley …
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By Choonsik Yoo SEOUL (Reuters) -South Korea’s unemployment rate has fallen back to a record low, data showed on Wednesday, mainly due …
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Explainer-Why Japan’s ‘shunto’ spring wage talks are a big deal this year
by Reutersby ReutersBy Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Every March, management of major Japanese firms meet with unions for wage talks …
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Microsoft-backed OpenAI starts release of powerful AI known as GPT-4
by Reutersby ReutersBy Jeffrey Dastin (Reuters) -The startup OpenAI on Tuesday said it is beginning to release a powerful artificial intelligence model known as …
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Tesla not entitled to more info about race bias probe, Calif. agency says
by Reutersby ReutersBy Daniel Wiessner (Reuters) -A California civil rights agency suing Tesla Inc over alleged widespread race bias at its flagship assembly plant …
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Berkshire Hathaway to beef up risk disclosures following SEC request
by Reutersby ReutersBy Jonathan Stempel (Reuters) – Berkshire Hathaway Inc agreed to better explain how its board of directors manages risks, including those taken …
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LONDON (Reuters) – British employers agreed pay rises averaging 5.0% during the three months to the end of January, well above historic …
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Crypto group DCG seeks new partners for portfolio firms amid SVB collapse – CoinDesk
by Reutersby Reuters(Reuters) – Crypto conglomerate Digital Currency Group (DCG) is looking to find new banking partners for portfolio companies following the collapse of …
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Coinbase opens local bank transfers for Singapore users at no cost
by Reutersby ReutersBy Rae Wee SINGAPORE (Reuters) – Cryptocurrency exchange Coinbase will let customers in Singapore move funds to and from accounts via local …
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U.S. prosecutors probing collapse of Silicon Valley Bank -source
by Reutersby Reuters(Reuters) – U.S. prosecutors are investigating the collapse of Silicon Valley Bank, according to a source familiar with the matter, as scrutiny …
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By Stephen Culp NEW YORK (Reuters) – U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitters over …
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(Edits headline) By Lisa Pauline Mattackal and Medha Singh (Reuters) – Imagine digitally inscribing 3D images of objects such as multi-colored spheres …
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By Kylie Madry MEXICO CITY (Reuters) – Tech startups in Latin America are struggling to find banking alternatives after the sudden crash …
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US watching developments at First Republic, other banks – White House
by Reutersby ReutersBy Andrea Shalal WASHINGTON (Reuters) -The White House is carefully monitoring developments at First Republic and other smaller banks after actions to …
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By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making it …
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New SVB CEO urges top venture capital clients to move deposits back
by Reutersby ReutersBy Krystal Hu (Reuters) – Silicon Valley Bank’s new Chief Executive Tim Mayopoulos on Tuesday urged the failed bank’s top venture capital …
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TikTok mulls splitting from ByteDance if proposal with U.S. fails – Bloomberg News
by Reutersby Reuters(Reuters) -China’s TikTok is considering separating from parent ByteDance to help address U.S. concerns about national security risks, Bloomberg News reported on …
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US senators seek to expand sales of ethanol-gas blend with support from Big Oil
by Reutersby ReutersBy Stephanie Kelly (Reuters) – U.S. senators reintroduced a bipartisan bill on Tuesday that would allow nationwide sales of gasoline with a …
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KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT
by Reutersby Reuters(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank and Signature Bank, …
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Brazil development bank aims to pay out sums totaling 2% of GDP by 2026
by Reutersby ReutersRIO DE JANEIRO (Reuters) – An executive at Brazilian state development bank BNDES said on Tuesday the bank aims to pay out …
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US SEC says IT services firm DXC made ‘misleading’ non-GAAP disclosures
by Reutersby ReutersBy Kanishka Singh WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission said on Tuesday that IT services firm DXC Technology had made …