Reuters U.S. brokerage firm Charles Schwab said on Monday it plans to lower its headcount in a bid to counter cost pressures, joining a list of Wall Street firms take a similar path. The company, however, did not disclose the number of employees it was going to lay off. Several companies across corporate America, including Wall […]

Aug 21 Reuters Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much? The company has been the biggest beneficiary of the rise of ChatGPT and other generative artificial intelligence apps, virtually all of which are powered by its graphics processors. […]

FY23 underlying profit falls 37 FY23 final dividend 0.80share Shares ease by 1.2 to A42.98 by 0200 GMT MELBOURNE, Aug 22 Reuters BHP Group on Tuesday said it saw solid growth from some sectors in China as it logged its weakest annual profit since 2020, but added it was too early to assess the impact of […]

JAKARTA, Aug 22 Reuters Indonesia39;s defence ministry and U.S. planemaker Boeing have signed an agreement on the sale of 24 F15EX fighter jets to help modernise the Southeast Asian country39;s ageing fleet, the ministry and the company said. Officials from the ministry and a Boeing executive signed the memorandum of understanding at Boeing39;s St. Louis, Missouri, […]

MEXICO CITY, Aug 16 Reuters The Mexican government is likely to continue supporting heavily indebted state oil firm Pemex with about 15 billion per year, Fitch ratings agency said in an a report on Wednesday, adding these will at least cover international bond debt amortizations. However, should the government substantively increase its support for Pemex, […]