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07.06.2024 7:39
Mitsubishi, Sumitomo Mitsui Banks to Divest $8.5 Billion in Toyota Shareholdings Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. will start divesting ¥1.32 trillion ($8.5 billion) worth of strategic shareholdings in Toyota Motor Corp., people with knowledge of the matter said, the strongest sign yet that Japan’s big businesses are getting serious about unwinding their vast network of cross-held shares.

07.06.2024 7:33
Earnings, Stock Picking in Focus, Allianz Global Says Virginie Maisonneuve of Allianz Global Investors says “it’s not about buying ETFs at this point,” and that the focus should be on corporate earnings and stock picking. She also discusses her outlook for the technology sector. She speaks on “Bloomberg: The China Show.”

06.06.2024 14:02
How the Humane AI Pin Flopped Humane’s Ai Pin was supposed to free people from smartphones, but sales have been slow. Now Humane is talking to HP and others about a potential sale.

06.06.2024 1:21
New Covid Vaccine Endorsed for Fall The panel endorsed targeting a variant of the coronavirus that is now receding, though some officials suggested aiming at newer versions of the virus that have emerged in recent weeks.


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