Bezos to sell up to 50mn Amazon shares by Jan. 31 next year, filing shows
Amazon (AMZN.O), opens new tab founder Jeff Bezos will sell up to 50 million shares in the online retail and cloud services firm...
India’s Paytm stock loses $2bn after RBI order, CEO seeks to reassure
Shares in India's Paytm (PAYT.NS), opens new tab plunged 20% for a second straight day after its banking arm was ordered to halt...
Meta declares first-ever dividend of $0.5 per share
A $50 billion shares buyback is set to benefit current shareholders
India Froze Paytm Bank after years of warnings about data flows
India’s banking regulator stunned the finance and tech industries by abruptly suspending much of digital giant Paytm’s business late Wednesday. But the surprise...
Deutsche Bank to cut 3,500 jobs and reward shareholders
Deutsche Bank (DBKGn.DE), opens new tab said on Thursday it would cut 3,500 jobs, buy back shares and pay dividends, in its latest...
China unveils new property support measures amid concerns about Evergrande fallout
A state-backed property project in China has received the first development loan under a so-called whitelist mechanism and two more major cities...
Saudi Arabia abandons plan to expand oil production capacity
Saudi Arabia has consistently reduced its output in the last 18 months as part of OPEC's efforts to stabilize prices
Euro zone economy lags global growth as Germany struggles
The euro zone's economy stagnated last year, underperforming the rest of the world as former powerhouse Germany struggled with an industrial malaise...
China Evergrande ordered to liquidate in landmark moment for crisis-hit sector
A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group (3333.HK), opens new tab, dealing a fresh blow to...
Oil prices surge after drone attack on U.S. forces in Jordan
The prospect of heightened tensions with Iran further adds concerns about potential disruptions in regional energy supply
US to announce billions in subsidies for advanced chips- WSJ
The Biden administration is expected to award billions of dollars in subsidies to top semiconductor companies including Intel(INTC.O), opens new tab, and...
Dubai’s property boom shows signs of fizzling out
As cranes speckle the Dubai skyline and ultra-luxury homes change hands at record prices, signs that the city-state's property boom is fizzling...
Bruised by stock market, Chinese rush into banned bitcoin
Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023, when he realized...
China’s attempts to lift confidence in economy fall flat
Chinese Premier Li Qiang went to the World Economic Forum in Davos last week with a mission to present a positive image...
What investors are saying about China’s market meltdown
Stock markets in China and Hong Kong have slumped to multi-year lows this week as confidence in the world's second-biggest economy has...