Computer chip giant ASML places big bets on a tiny future

05/20/2022

VELDHOVEN, Netherlands (Reuters) – ASML, a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger.An optical system is prepared for testing in a vacuum chamber at Carl Zeiss SMT in Oberkochen, Germany, in this undated handout photo. Zeiss is developing optical […]

Analysis-Elon Musk can't easily give Twitter the boot over bots

05/18/2022

(Reuters) – Elon Musk may find a way to prove his claim that spam accounts on Twitter Inc’s platform are significantly higher than the social media company has estimated, but showing that he and investors were misled will be difficult, legal experts say.FILE PHOTO: An […]

Saudi Aramco net profit soars 82% in Q1 on high oil prices

05/15/2022

FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File PhotoDUBAI (Reuters) – State-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net income, broadly in line with analyst forecasts, […]

Eric Watson pleads advancing years in standoff with SEC

05/13/2022

Where is Eric Watson? It’s a question that United States securities regulators will now be asking in advertisements in the New York Times after their efforts to find and serve the controversial New Zealand businessman with formal complaint of insider trading proved unsuccessful. In July […]

Sasha Borissenko: Cutting through the workplace lingo

05/08/2022

OPINION: The law can be inaccessible to many in a financial sense, but also linguistically speaking. The law is rooted in hundreds of years of history and it’s been exclusively accessible to the upper echelons of most societies. Now, if law was accessible to all, […]

No place to hide: Dollar's surge cuts across markets

05/06/2022

LONDON (Reuters) – “Our currency, your problem,” were the words of a former U.S. Treasury secretary in 1971 to other finance ministers aghast at the dollar’s surge. More than 50 years on, relentless dollar strength is again leaving a trail of destruction in its wake.U.S. […]

Wall Street ends higher after choppy session ahead of Fed

05/03/2022

(Reuters) – Wall Street stocks ended higher on Tuesday after a choppy session in which each of the major indexes fluctuated between gains and losses as a key meeting of the Federal Reserve got under way.Traders work on the floor of the New York Stock […]