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Troy Jones's exit after 15 years is the latest departure at Elon Musk's electric-car company. Renault slashed its financial targets for the year, citing a worsening automotive market as the group ...
Most U.S. stocks fell after an update on inflation hurt Wall Street’s hopes for lower interest rates. The S&P 500 fell 0.4% ...
Most U.S. stocks are falling on Tuesday after an update on inflation hurt Wall Street’s hopes for lower interest rates. But ...
The results come after a first half where Citigroup’s stock outperformed the broader market and several of its universal bank ...
Markets enter the week on edge as Q2 earnings season kicks off with heavyweight banks and global blue chips. Investors will ...
Starbucks' China business has been valued at $10 billion. Experts explain why that valuation may be a bit stretched for ...
A “slightly unfavourable revenue mix” in terms of Macau player segments during the second quarter – including typically lower ...
"We believe sovereign demand is already contributing up to billions of dollars in 2025" and should ramp up further in 2026, ...
Citi’s wholly-owned local banking subsidiary Citibank (China) Co. will be unaffected, it said, adding the bank continues to invest in the unit to support corporate and institutional clients in ...
HONG KONG - Citigroup Inc will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday, as it pushes to simplify and shrink global tech ...
The layoffs in China come as Citi continues to work through a broader plan announced January last year, to reduce 10% of its workforce, or about 20,000 employees globally.