Posts with tag: adventure
Standard Chartered CEO Bill Winters slams EU bonus cap, saying it made bankers lazy and less likely to work hard. The cap, which limited bonuses to two times salary, has been scrapped by the UK. Winters will benefit from the bonus cap overhaul, with a maximum pay packet of £13.1m.
Published on: February 21, 2025, 12:00 PM UTC
Rivian reported a gross profit in Q4, beating estimates and narrowing its FY24 EBITDA loss. Despite strong results, RIVN stock dipped 2% pre-market. The company forecasts a smaller loss in 2025 and sees adjusted EBITDA loss of $1.7B-$1.9B. Rivian also expanded its partnership with Volkswagen and secured a conditional $6.6B loan from the DOE.
Published on: February 21, 2025, 11:01 AM UTC
US stock futures flat after Walmart profit warning, tariffs weigh; Celsius soars on acquisition, Dropbox falls
Published on: February 21, 2025, 10:01 AM UTC
Estonia, a tech hub, leads defense funding surge in central and eastern Europe prompted by Russia's invasion of Ukraine. Startups and venture capital firms invest in AI, cyber security, and drone technology to enhance national security.
Published on: February 21, 2025, 07:00 AM UTC
Chinese tech firms tap offshore funds on hopes of Beijing support and DeepSeek popularity
Published on: February 21, 2025, 06:01 AM UTC
U.S. stock futures barely moved premarket after the major indexes sank Thursday following a weak earnings outlook from Walmart (WMT).
Published on: February 21, 2025, 05:01 AM UTC
South Korea asks US to exclude it from tariffs, citing low duties on American products and large-scale business investments in the US.
Published on: February 21, 2025, 03:01 AM UTC
South Korea to impose tariffs on Chinese steel imports over market concerns, following similar measures from the Trump administration.
Published on: February 21, 2025, 03:00 AM UTC
Walmart (WMT) shares slide over 6% on conservative guidance and tariff concerns. CFO Rainey says tariffs could hurt general merchandise category, but Walmart's scale and private labels could help offset costs.
Published on: February 21, 2025, 01:02 AM UTC
South Korea asks US to exempt it from Steel, aluminium tariffs.
Published on: February 21, 2025, 01:01 AM UTC