Category Archives: (KFGO The Mighty 790) Technology
GPU tech supplier Imagination Technologies lays off 20% of staff -sources
By Max A. Cherney (Reuters) -Chip technology design maker Imagination Technologies plans to lay off 20% of the company's staff, according to sources familiar with the matter. The U.K.-based company, w...
Nov 13, 2023
Brazil’s Localiza sees Q3 profit up 57% on fleet management demand
SAO PAULO (Reuters) - Brazilian car rental firm Localiza said on Monday it recorded a 56.9% growth in third-quarter profit, in line with analysts' estimates as its fleet management business grew. The ...
Nov 13, 2023
Fisker posts larger-than-expected quarterly loss, flags material weakness in financials
(Reuters) -Electric-vehicle startup Fisker reported a larger-than-expected loss for the third quarter on Monday and flagged weakness in the company's internal control over financial reporting. The com...
Nov 13, 2023
Asset manager GMO’s first ETF will focus on ‘quality’ companies
By Suzanne McGee (Reuters) - GMO LLC, the asset management firm co-founded by veteran investor Jeremy Grantham, will launch its first exchange-traded fund (ETF) on Wednesday. The firm said it is rolli...
Nov 13, 2023
Senator asks Treasury to bar Chinese battery firms, minerals from US EV tax credits
WASHINGTON (Reuters) - Democratic Senator Joe Manchin urged the U.S. Treasury on Monday to adopt the "strictest possible standards" to prevent Chinese-produced minerals or Chinese battery companies fr...
Nov 13, 2023
Google’s expert in US antitrust trial defends billions paid to device makers
By Diane Bartz WASHINGTON (Reuters) - The multi-billion dollar payments that Alphabet's Google makes to Apple, wireless carriers and others are normal competitive behavior and not an abuse of monopoly...
Nov 13, 2023
Fidelity rolls out suite of new ETFs, slashes fees
By Suzanne McGee (Reuters) - Fidelity launched a group of six new exchange-traded funds (ETFs) Monday and announced sharp reductions on management fees on nearly a third of its total ETF lineup, kicki...
Nov 13, 2023
ICBC paid ransom after hack that disrupted markets, cybercriminals say
By James Pearson LONDON (Reuters) -China's biggest lender, the Industrial and Commercial Bank of China, has paid a ransom to cybercriminals who hacked ICBC last week, a representative of the Lockbit r...
Nov 13, 2023
Intesa Sanpaolo gives clients more time to opt out of digital shift
ROME (Reuters) - Italy's biggest bank Intesa Sanpaolo reopened the deadline for thousands of its customers to opt out of switching to its digital lender Isybank, a document showed, following protests ...
Nov 13, 2023
JP Morgan ESG head Umunna calls for new green tech funding model
LONDON (Reuters) -Start-up firms in the green technology industry are missing out on capital and need a new funding model, a senior JP Morgan banker said at a Reuters event in London on Monday. "We ne...
Nov 13, 2023
