Singapore startup Zilingo fires CEO after suspension

Singapore startup Zilingo fires CEO after suspension

SINGAPORE, May 20 (Reuters) – Singapore-based Zilingo said on Friday it had fired Chief Executive Ankiti Bose after an independent investigation into complaints about what the fashion technology startup described as “serious financial irregularities”. Bose, 30, the face of Zilingo at industry forums and investor meetings, told Reuters she was wrongfully dismissed. “The board has … Read more

Amazon lines up satellite launches to take on Musk’s Starlink

Amazon lines up satellite launches to take on Musk's Starlink

April 5 (Reuters) – Amazon.com Inc (AMZN.O) has secured rocket launches with three companies, the company said on Monday, as it spends billions on putting together a satellite constellation to beam broadband internet that will rival Elon Musk-owned SpaceX’s Starlink. The e-commerce giant said its Project Kuiper has secured 83 launches over five years and … Read more

Wall St climbs as megacap growth stocks gain, Twitter surges

Wall St climbs as megacap growth stocks gain, Twitter surges

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Twitter soars after Elon Musk reveals 9.2% stake US-listed Chinese companies surge Utilities, real estate lag among S&P 500 sectors Indexes up: Dow 0.07%, … Read more

Musk takes 9% stake in Twitter to become top shareholder

Musk takes 9% stake in Twitter to become top shareholder

Stake valued at about $3 billion Twitter shares surge 20% April 4 (Reuters) – Tesla Inc (TSLA.O) top boss Elon Musk revealed a 9.2% stake in Twitter Inc (TWTR.N), worth nearly $3 billion, making him the micro-blogging site’s largest shareholder and triggering a more than 25% rise in the company’s shares. Musk’s move comes close … Read more

Tesla delivers record vehicles in Q1; output falls as China shutdown weighs

Tesla delivers record vehicles in Q1;  output falls as China shutdown weighs

A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, US, April 29, 2016. REUTERS/Lucas Jackson/File Photo Register now for FREE unlimited access to Reuters.com Register April 2 (Reuters) – Tesla Inc (TSLA.O) on Saturday reported record electric vehicle deliveries for the first quarter, meeting analyst’s estimates, but … Read more

Wall St slips as jobs data backs hawkish Fed

Wall St slips as jobs data backs hawkish Fed

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 30, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US yield curve reinverts after strong jobs data Unemployment drops to 3.6% vs estimate of 3.7% Nonfarm payrolls rose by 431,000 jobs last month … Read more

GameStop seeks share split amid renewed meme-stock hype

GameStop seeks share split amid renewed meme-stock hype

A GameStop store is pictured in the Manhattan borough of New York City, New York, US, January 29, 2021. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register March 31 (Reuters) – Video game retailer GameStop Corp (GME.N) said on Thursday it would seek shareholder approval for a stock split, aiming to … Read more

Dow, S&P close lower after 4 days of gains as Russia bombs Ukraine

Dow, S&P close lower after 4 days of gains as Russia bombs Ukraine

The logo for the New York Stock Exchange (NYSE) is displayed on the floor of the NYSE in New York City, US, March 29, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US bond market spurs recession worry Private payrolls increased by 455,000 jobs in March Dow down 0.19%, S&P 500 … Read more

Vietnam’s Vinfast to build $2 bln electric vehicle factory in US

Vietnam's Vinfast to build $2 bln electric vehicle factory in US

The VinFast logo is displayed on a VF5 electric SUV during CES 2022 at the Las Vegas Convention Center in Las Vegas, Nevada, US January 5, 2022. REUTERS/Steve Marcus Register now for FREE unlimited access to Reuters.com Register HANOI/SAN FRANCISCO, March 29 (Reuters) – Vietnam’s automaker VinFast said on Tuesday it has signed a preliminary … Read more

Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion

Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion

Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register March 29 (Reuters) – As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 … Read more