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Instacart slashes valuation by nearly 40% to $24 billion

By Akanksha Khushi (Reuters) – U.S. grocery delivery company Instacart slashed its valuation by nearly 40% to about $24 billion, the company said on Thursday, citing recent market turbulence. The.

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Asian Stocks Down “Inflation Remains the Story” for Investors

By Gina Lee Investing.com – Asia Pacific stocks were mostly down on Friday morning, with investors continuing to calculate the resilience of the global economic recovery to risks from both.

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Clients plead with top custodian banks to stay in Russia

By Sinead Cruise, Matt Scuffham and Megan Davies LONDON/NEW YORK (Reuters) -Global banks including Citigroup Inc (NYSE:C), JPMorgan Chase & Co (NYSE:JPM) and Societe Generale (OTC:SCGLY) face pressure to commit to remaining.

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Union workers at Chevron’s Los Angeles refinery ratify contract

By Erwin Seba HOUSTON (Reuters) -Union workers at Chevron Corp (NYSE:CVX)’s Los Angeles refinery in El Segundo, California, ratified the U.S. oil producer’s last, best and final contract offer on Wednesday, a.

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Third Australian state finds Crown unfit for gaming licence but offers reprieve

By Byron Kaye SYDNEY (Reuters) -An inquiry has declared Australian casino operator Crown Resorts Ltd unfit for a gambling licence in Western Australia state but stopped short of revoking it,.

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Samsung Electronics Sells Shares Worth Around $1.1B in Block Deal

By Gina Lee Investing.com – Koomin Bank sold Samsung Electronics (OTC:SSNLF) Co. Ltd. (KS:005930) shares that were worth around $1.1 billion earlier in the day, according to a term sheet that was.

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Samsung Electronics shares worth $1.1 billion sold in block deal -term sheet

By Joyce Lee SEOUL (Reuters) -Samsung Electronics shares worth about $1.1 billion were sold in a block deal on Thursday, according to a document, which some analysts attributed to the.

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Toshiba shareholders vote down both spin-off plan and call to seek buyout offers

By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp shareholders on Thursday voted against its plan to spin off its devices unit, but a separate motion backed by activist shareholders that called.

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Exclusive-Activist fund Oasis backs call for Toshiba to solicit buyout offers – source

SYDNEY/TOKYO (Reuters) – Hong Kong-based activist fund Oasis Management has voted in favour of a shareholder proposal demanding Toshiba (OTC:TOSYY) Corp solicit buyout offers from private equity firms, a source.

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Asian banks ‘falling short’ on decarbonisation efforts – study

SHANGHAI (Reuters) -Banks in Asia are “falling short” when it comes to meeting global pledges to tackle climate change and aligning with the decarbonisation aims of their countries, according to.

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