Tech 08

Cast in California: Tech giants confront the ancient Indian hierarchy

Leave a Comment / NEWS / By

OAKLAND, CA, Aug 15 (Reuters) – America’s tech giants are taking a modern-day crash course on India’s ancient caste system, with Apple (AAPL.O) emerging as an early pioneer in the politics of ridding Silicon Valley of its strict hierarchy . Indians isolated for generations. Apple, the world’s largest listed company, updated its General Employee Conduct …

Cast in California: Tech giants confront the ancient Indian hierarchy Read More »

Five Chinese state-owned companies have to be delisted from the New York Stock Exchange amid US tensions

Leave a Comment / NEWS / By

SHANGHAI/HONG KONG (Reuters) – Five Chinese state-owned companies including oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS) said on Friday they would raise their listing on the New York Stock Exchange. Amid economic and diplomatic tensions with the United States. The companies, which also include China Aluminum Corporation (Chalco) (601600.SS), PetroChina (601857.SS) and Sinopec …

Five Chinese state-owned companies have to be delisted from the New York Stock Exchange amid US tensions Read More »

AmEx raises revenue forecast due to higher travel spending

Leave a Comment / OUTDOOR SPORTS / By

American Express credit cards are pictured in this illustration on March 17, 2016. REUTERS/Kay Pfaffenbach/File Photo Register now to get free unlimited access to Reuters.com Register July 22 (Reuters) – American Express (AXP.N)’s quarterly spending jumped to a record high as pandemic-weary travelers shrugged off higher airfares at airports, helping the company raise its annual …

AmEx raises revenue forecast due to higher travel spending Read More »

Nasdaq drops 1% as chipmaker Micron renews warning to beat tech

Leave a Comment / NEWS / By

Micron falls on low revenue expectations Semiconductor stocks fall for the third session Novavax fell 30% after slashing revenue supply by half Indices: Dow Jones down 0.4%, Standard & Poor’s down 0.7%, Nasdaq down 1.5%. (Reuters) – The Nasdaq fell on Tuesday after a dismal outlook from Micron Technology Corp sent tech and chip stocks …

Nasdaq drops 1% as chipmaker Micron renews warning to beat tech Read More »

China’s Alibaba is scrambling to keep its New York listing amid audit dispute

Leave a Comment / NEWS / By

The Alibaba Group logo appears on the trading floor of the New York Stock Exchange in Manhattan, New York City, US, August 3, 2021. REUTERS/Andrew Kelly/File Photo Register now to get free unlimited access to Reuters.com Register Aug 1 (Reuters) – Alibaba Group Holdings Limited (9988.HK) said on Monday it would keep its listing on …

China’s Alibaba is scrambling to keep its New York listing amid audit dispute Read More »