Adyen Plunges 20% After Hiring and Inflation Hit Earnings
Adyen NV’s shares plunged most on record after first-half earnings missed estimates, weighed down by the Dutch fintech
1970-01-01 08:00
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
1970-01-01 08:00
China’s Housing Slump Is Much Worse Than Official Data Shows
Judging by China’s official statistics, the nation’s housing market has been remarkably resilient in the face of tepid
1970-01-01 08:00
NYC Bans TikTok From Government Phones on Security Concerns
New York City banned access to TikTok on government-owned phones, the latest in a string of US states
1970-01-01 08:00
Trump-Tied SPAC’s Rally at Risk as Sponsors Need More Time
The blank-check company seeking to take Donald Trump’s media company public sweetened the proposed deal to keep the
1970-01-01 08:00
Tech Firms Are Slowing Layoffs But Still Not Yet Resuming Hiring
Tech companies aren’t yet ramping up hiring after massive layoffs over the past year, despite a surge in
1970-01-01 08:00
Cisco Gives Tepid Annual Forecast, Stoking Fears of Slowdown
Cisco Systems Inc., the largest maker of computer networking equipment, gave a lukewarm revenue forecast for the coming
1970-01-01 08:00
Amazon Is Imposing Fee on Sellers Who Ship Products Themselves
Amazon.com Inc. is imposing a new fee on merchants who don’t use the company’s logistics services, a change
1970-01-01 08:00
JD.com’s Sales Beat Estimates Despite Chinese Economy Weakness
JD.com Inc.’s revenue accelerated in the second quarter after its signature 6.18 festival scored with shoppers, helping the
1970-01-01 08:00
Carlsberg Profit Shows Drinkers Willing to Swill Pricier Beers
Carlsberg A/S reported better-than-expected half-year profit after consumers shelled out more money for premium beers even after unprecedented
1970-01-01 08:00
Intel to Call Off $5.4 Billion Tower Deal Without Chinese Approval
Intel Corp. is expected to call off its planned $5.4 billion acquisition of Tower Semiconductor Ltd. as time
1970-01-01 08:00
Marc Becker, Co-Head of Impact Investing at Apollo, Dies at 51
Marc Becker, a 27-year veteran of Apollo Global Management Inc. and co-head of impact investing at the private
1970-01-01 08:00