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Asian equities drop as US political concerns from Reuters rise

© Reuters. FILE PHOTO: A TV reporter stands in front of a large screen showing stock prices on the Tokyo Stock Exchange after the market opens in Tokyo By Paulina Duran and Jessica DiNapoli SYDNEY / NEW YORK (Reuters) – Asian equities slid Tuesday as investors adjusted risk exposure ahead of US elections and before the deadline for Washington to …

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UBS earnings: third quarter 2020

The logo of the Swiss banking giant UBS engraved on the wall is visible at its headquarters on May 8, 2019 in Zurich. Fabrice Coffrini | AFP | Getty Images LONDON – The largest wealth manager in the world, UBS, posted a net profit increase to $ 2.1 billion on Tuesday for the third quarter, easily beating analysts’ expectations. It …

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Sustainable sneaker start-up Allbirds sells sweaters and T-shirts

The start-up known in Silicon Valley for its comfortable slip-on sneakers hopes to conquer another part of your closet. Allbirds is venturing further into the apparel category, debuting Tuesday with four new items: a T-shirt made from discarded crab shells; a wool cardigan; a wool sweater (a Briticism for a pullover sweater); and a wool duvet, all made from the …

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US chip maker Intel sells NAND memory business to SK Hynix for $ 9 billion

SK Hynix will acquire Intel’s NAND memory chip business, including associated manufacturing and design patents, as well as the US company’s plant in Dalian, China, the companies said in a statement Tuesday. Intel’s NAND flash memory products are used in devices such as smartphones, tablets and hard drives. The US company will retain Optane, its advanced memory chip technology business. …

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Intel sells its NAND flash memory business to SK Hynix for $ 9 billion

This evening, South Korean memory chip maker SK Hynix announced a $ 9 billion deal with Intel. It is acquiring Intel’s NAND storage and memory business, which includes NAND SSD business, NAND components and wafer business and Dalian’s NAND memory manufacturing facility in China. If you’re wondering what this means for Intel’s fast Optane SSDs, it will continue to maintain …

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Goldman was ready to pay more than $ 2 billion with DOJ’s 1MDB probe

Goldman Sachs Group Inc. has reached a long-awaited deal with the US Department of Justice to pay more than $ 2 billion for the bank’s role in Malaysia’s 1MDB scandal and the deal could be announced within days, according to people. who are familiar with the matter. The deal, part of an international action, will allow the parent company to …

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Walmart’s ads ran prior to Black Friday events

by: KSN News and Nexstar Media Wire, Associated Press Inserted: October 19, 2020 – 9:28 pm EDT / Updated: October 19, 2020 – 9:28 pm EDT (KSN) – After announcing that it will hold three separate Black Friday sales events, Walmart has released ad scans from its first two Black Friday Deals for Days events, which will begin on November …

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