(Reuters) -Apple Inc plans to replace a Broadcom Inc chip from its devices with an in-house design in 2025, Bloomberg…
Bentley cruises to record sales in 2022 despite China drop
By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported record vehicle sales for 2022, with strong…
S&P 500 near flat as investors weigh chances of less aggressive rate hikes
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 index erased early gains to close nearly flat on Monday…
Japan Nov household spending unexpectedly falls 1.2% year/year
TOKYO (Reuters) – Japanese household spending fell 1.2% in November from a year earlier, government data showed on Tuesday, versus…
Jefferies profit slides as Wall Street dealmaking falters
(Reuters) -Investment bank Jefferies Financial Group reported a 52.5% decline in fourth-quarter profit on Monday, hit by lower underwriting fees…
South Korea’s Nov current account turns to deficit from surplus in Oct
SEOUL (Reuters) – South Korea had its third month of current account deficit in 2022 in November, mainly hit by…
Hedge funds in 2022 post worst performance since 2018, dragged down by equities -HFR data
By Carolina Mandl NEW YORK (Reuters) – Hedge funds last year posted their worst performance since 2018, mainly dragged down…
UK becoming less attractive for investment, manufacturers warn
By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result…
Equities, bonds ETFs drew in near-record amounts of cash in 2022: BlackRock
By Lucy Raitano LONDON (Reuters) – Investors ploughed $867 billion into ETPs (exchange-traded products) in 2022, the second biggest inflow…
Goldman Sachs readies biggest layoffs since the financial crisis
By Saeed Azhar and Scott Murdoch (Reuters) -Goldman Sachs Group will start cutting thousands of jobs across the firm from…