Nissan to cut Rogue production in Japan over Nexperia fallout: source
The automaker plans to cut output of the Rogue sport-utility vehicle by about 900 vehicles in the week starting Nov ...
Tag: source
Rivian to cut 600 jobs as loss of EV tax credit hits demand: source
Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the expiry of key US ...
Morgan Stanley seeks to redeem cash from Jefferies’ Point Bonita fund, source says
Morgan Stanley’s asset management unit asked investment bank Jefferies to return some money it invested in the latter bank’s Point ...
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
The cuts mark the third round of layoffs at the Japanese investment conglomerate’s flagship fund since 2022 SoftBank Group will ...
Ticket reseller StubHub’s IPO 20 times oversubscribed, source says
Ticket reseller StubHub, which delayed its US listing in April amid market volatility, has drawn over 20 times as many ...
Paramount Skydance prepares bid for Warner Bros Discovery, source says
PARAMOUNT Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday, ...
Visa closes US open-banking unit as data fight heats up: source
Open banking has gained traction in Europe, where regulators required banks to share data with licensed third parties, but the ...
Blackstone drops out of consortium bid for TikTok US: source
PRIVATE equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s US operations, a source familiar with ...
Wells Fargo suspends China travel after employee exit ban: source
Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source familiar ...
Kraft Heinz explores grocery business spinoff worth up to US$20 billion: source
Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into ...
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