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© Reuters. FILE PHOTO: Shopping trolley is seen in front of Alibaba logo in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo ISTANBUL (Reuters) -Chinese e-commerce giant Alibaba (NYSE:) Group Holding Ltd…

Warren Buffett.Drew Angerer/Getty ImagesWarren Buffett invested a vital $3 billion in Dow Chemical at the height of the financial crisis.In return, Berkshire Hathaway received preferred stock paying a yearly dividend of 8.5%.Buffett's…

Economy Sh1 billion earmarked for airstrips’ revamp yearly Wednesday September 13 2023 Transport CS Kipchumba Murkomen. FILE PHOTO | NMG The government plans to spend Sh1 billion annually on the expansion and rehabilitation of…

Birkenstock has filed for an initial public offering, in another sign of the allure US equity markets hold for European firms seeking a valuation uplift. The German footwear maker, whose iconic sandals are worn by hippies and preppies…

© Reuters. A woman stands in front of a General Electric (GE) sign during World Artificial Intelligence Conference, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, September 1, 2022. REUTERS/Aly Song…

By Sri Hari N S and Manya Saini (Reuters) -Klaviyo is seeking a fully-diluted valuation of up to $8.4 billion in its initial public offering (IPO) in the United States, the marketing firm said on Monday, as it becomes the latest…

(Bloomberg) -- Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster adoption of robotaxis and network services, according to Morgan Stanley.Most Read from BloombergDojo can open up…

© Reuters. (Reuters) - Pakistan's foreign worker remittances were recorded at $2.09 billion for the month of August, the country's central bank said in a statement on Monday, up slightly from $2.02 billion in July. Under a loan…

© Reuters. FILE PHOTO: The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo (Reuters) -Tesla's supercomputer, Dojo, to train AI models for autonomous cars…

Short sellers are raking in profits by betting against a part of the US equity market overlooked by most investors: small-cap stocks. The group has seen paper profits of nearly $13 billion this year by wagering on a drop in the prices of…