Up there by myself, I decided life might be best on my own. That thought has shaped my travel and relationships ever since I grew up in Kenya and was nine when we went camping by the beach in Mombasa, with two other families. The constant games and laughter were new to me, as we were a quiet, rather insular family. I went bodyboarding, watched crabs emerge from holes in the sand, climbed all over ...
Up there by myself, I decided life might be best on my own. That thought has shaped my travel and relationships ever since I grew up in Kenya and was nine when we went camping by the beach in Mombasa, with two other families. The constant games and laughter were new to me, as we were a quiet, rather insular family. I went bodyboarding, watched crabs emerge from holes in the sand, climbed all over rusty cannons in the old fort and bought colourful strips of kanga fabric in the market to make sarongs. One day, my father asked some fishers to take us to the reef in their canoes. It was a good mile offshore: I wanted to stay behind with Mum, but Dad fixed me with a look and said: “You’ve got no sense of adventure, have you?” Then I knew I had to go, clambering shakily into the wobbly wooden construction, clinging on to the sides for dear life. Continue reading...
Over the past five years, Upstart Holdings (NASDAQ: UPST) has experienced roller-coaster price action. After initially surging following its public market debut, high interest rates and falling loan demand led to a steep drop in revenue and ballooning losses. In the years since, however, the artificial intelligence lending technology company's revenue has bounced back. Upstart has also become cons...
Over the past five years, Upstart Holdings (NASDAQ: UPST) has experienced roller-coaster price action. After initially surging following its public market debut, high interest rates and falling loan demand led to a steep drop in revenue and ballooning losses. In the years since, however, the artificial intelligence lending technology company's revenue has bounced back. Upstart has also become consistently profitable. However, with shares still down by over 92% from their high-water mark, Upstart has a long way to go before making even a partial recovery. A further rebound for this fintech stock remains possible, but major uncertainties remain. Image source: Getty Images. Continue reading
In this article BP WDS Follow your favorite stocks CREATE FREE ACCOUNT CEO of BP Meg O'Neill attends a UK-U.S. trade event with King Charles III at Bar SixtyFive at Rockefeller Center during a state visit on April 29, 2026 in New York City. Pool | Wireimage | Getty Images BP is on its third CEO and third chairman in under three years, prompting investor scrutiny of the structure and oversight of i...
In this article BP WDS Follow your favorite stocks CREATE FREE ACCOUNT CEO of BP Meg O'Neill attends a UK-U.S. trade event with King Charles III at Bar SixtyFive at Rockefeller Center during a state visit on April 29, 2026 in New York City. Pool | Wireimage | Getty Images BP is on its third CEO and third chairman in under three years, prompting investor scrutiny of the structure and oversight of its board as the oil major works to turn itself around and adapt to the supply shock. Weeks after CEO Meg O'Neill started in April, the chairman, Albert Manifold, was suddenly dismissed in late May. The board said this was due to "serious concerns" relating to governance standards, oversight and conduct. Manifold said he had been fired "without warning and without explanation," adding he disputes "entirely the characterisation" of his conduct. One of the oil supermajor's top active investors told CNBC that some may be in danger of missing the bigger picture, while an activist shareholder said the company urgently needed to address the reasons for the turnover. 'A chaotic period of leadership turnover' Nick Mazan, oil and gas strategy lead at activist shareholder ACCR, said BP had to provide "a clear and honest reflection" about the selection process that led to Manifold's appointment. "The nomination process appears to be dysfunctional. No large cap company should have had three CEOs and chairs in as many years," Mazan told CNBC by email. "There are understandably major questions about whether the board, as presently constituted, having presided over a chaotic period of leadership turnover, is up to the task of identifying a new chair and challenging the CEO on the current strategy of increased upstream spending," he continued. William Lin, executive vice president, regions, corporates & solutions of BP Plc, attends India Energy Week 2023 in Bengaluru, India, on Monday, Feb. 6, 2023. Bloomberg | Bloomberg | Getty Images "It's difficult to see how the company can rebuild trus...
hapabapa Lucid Motors' ( LCID ) senior VP of engineering and digital, Emad Dlala, has left the EV maker, marking the first major executive departure since Silvio Napoli took over as CEO. The departure comes as Napoli begins reshaping the luxury EV manufacturer's leadership structure following his appointment as CEO in April. The company “transforming its organization to accelerate innovation and s...
hapabapa Lucid Motors' ( LCID ) senior VP of engineering and digital, Emad Dlala, has left the EV maker, marking the first major executive departure since Silvio Napoli took over as CEO. The departure comes as Napoli begins reshaping the luxury EV manufacturer's leadership structure following his appointment as CEO in April. The company “transforming its organization to accelerate innovation and strengthen execution under CEO Silvio Napoli.” Lucid Motors ( LCID ) told TechCrunch. As part of the reorganization, Lucid Motors said VP of Vehicle Engineering Vivek Attaluri and VP of Software Marc Solsona Palomar will report directly to CEO Silvio Napoli. Dlala joined Lucid in 2015 and played a significant role in the development of the company's technology platform, including its powertrain and vehicle engineering programs. Napoli, who previously served as Lucid's board chairman, formally assumed the CEO role on June 1, succeeding interim leadership following the departure of former CEO Peter Rawlinson earlier this year. More on Lucid Lucid: Cracks Are Starting To Show Ahead Of Midsize Launch (Rating Downgrade) Lucid Short Interest Soars Again Lucid Group, Inc. 2026 Q1 - Results - Earnings Call Presentation Lucid Group taps global leadership veteran Silvio Napoli as permanent CEO Mid-cap consumer discretionary stocks ranked by quant ratings after earnings season
(RTTNews) - European stocks are seen opening on a tepid note Wednesday as investors weigh U.S.-Iran tensions and await key U.S. inflation reading for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks.
(RTTNews) - European stocks are seen opening on a tepid note Wednesday as investors weigh U.S.-Iran tensions and await key U.S. inflation reading for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks.
Yes Bank Ltd. has raised interest rates on foreign currency non-resident deposits by as much as 335 basis points, becoming one of the first Indian lenders to offer the program aimed at attracting capital flows and shore up the battered rupee. The private-sector lender will offer 7% on three-year FCNR(B) deposits, 7.05% on four-year deposits and 7.10% on five-year deposits, a spokesperson for the b...
Yes Bank Ltd. has raised interest rates on foreign currency non-resident deposits by as much as 335 basis points, becoming one of the first Indian lenders to offer the program aimed at attracting capital flows and shore up the battered rupee. The private-sector lender will offer 7% on three-year FCNR(B) deposits, 7.05% on four-year deposits and 7.10% on five-year deposits, a spokesperson for the bank said. Previously, the bank offered rates of as high as 4% on similar deposits. The revised rates mark a sharp increase from previous levels and come days after the central bank announced regulatory relaxations to encourage banks to mobilize more foreign currency deposits between June and September. It also introduced a dollar-rupee swap facility for banks raising such deposits, reducing the cost of attracting overseas funds.
The chief executive of Xpeng said on Wednesday he would personally lead the company’s robotics business, as the Chinese electric vehicle maker — emerging as a frontrunner in humanoid robotics among automakers — pushes toward mass production by year-end. "The (robot) industry is becoming increasingly hot and competitive, and we have clearly seen the direction and timing of victory, but it still ...
The chief executive of Xpeng said on Wednesday he would personally lead the company’s robotics business, as the Chinese electric vehicle maker — emerging as a frontrunner in humanoid robotics among automakers — pushes toward mass production by year-end. "The (robot) industry is becoming increasingly hot and competitive, and we have clearly seen the direction and timing of victory, but it still requires more arduous implementation and extremely high decision-making ability," Xpeng CEO He Xiaopeng said in an internal letter reviewed by Reuters. He said the decision to take on the role of "CEO" of the robotics unit, effective immediately, comes "on the eve of mass production and commercialisation" of Xpeng's humanlike IRON robots, which debuted last year.
Taiwan Semiconductor Manufacturing Co. reported a 30% rise in its monthly sales, reflecting continued strength in demand spurred by a global rush to build AI infrastructure. Revenue in May was NT$416.98 billion ($13.2 billion), with combined April and May sales up around 24% from a year ago, according to Bloomberg calculations. Analysts are looking for a 35% increase in second-quarter sales. Asia’...
Taiwan Semiconductor Manufacturing Co. reported a 30% rise in its monthly sales, reflecting continued strength in demand spurred by a global rush to build AI infrastructure. Revenue in May was NT$416.98 billion ($13.2 billion), with combined April and May sales up around 24% from a year ago, according to Bloomberg calculations. Analysts are looking for a 35% increase in second-quarter sales. Asia’s largest company has become an essential global AI player by making cutting-edge semiconductors for the likes of Nvidia Corp. and Advanced Micro Devices Inc. That’s as Alphabet Inc. , Amazon.com Inc. , Meta Platforms Inc. and Microsoft Corp. prepare to set aside $725 billion for AI-related investments this year, significantly more than previously anticipated. TSMC has been bullish on global AI chip demand. The company’s global chip supply will fall short of demand for years to come, Chief Executive Officer C.C. Wei told shareholders earlier this month, just days after Nvidia boss Jensen Huang said his firm is still supply constrained. In April, the Taiwanese chipmaker raised its full-year sales guidance and said its capital spending should trend toward the upper end of an existing forecast range of as much as $56 billion in 2026. However, TSMC also supplies chips to smartphone and consumer electronics makers, which are grappling with soaring memory chip costs and customer sentiment hurt by rising costs of living.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. reported a 30% rise in its monthly sales, reflecting continued strength in demand spurred by a global rush to build AI infrastructure. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks ...
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. reported a 30% rise in its monthly sales, reflecting continued strength in demand spurred by a global rush to build AI infrastructure. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapSurface Naval Drone Rescued Downed US Apache
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Hong Kong Exchanges and Clearing CEO Bonnie Chan highlights how SpaceX's IPO underscores the global companies behind its supply chains, and discussed Beijing's curbs on illegal cross-border investments. She spoke at Bloomberg Invest Hong Kong 2026. (Source: Bloomberg)
Hong Kong Exchanges and Clearing CEO Bonnie Chan highlights how SpaceX's IPO underscores the global companies behind its supply chains, and discussed Beijing's curbs on illegal cross-border investments. She spoke at Bloomberg Invest Hong Kong 2026. (Source: Bloomberg)