blue chip

A fund run by financial services giant Fidelity Investments has marked down the valuation of its investment in Gupshup, a messaging software-as-a-firm, by 37.4%, according to a regulatory disclosure as of May 31 2023.In June 2021, the fund…

Dutch-listed technology investor Prosus NV said on Tuesday it would end a cross-holding structure with its South African parent Naspers, sending both companies' stock higher as investors welcomed the simplification."They (shareholder) said…

The former Wirecard CEO Markus Braun began his defence in Germany's biggest post-war fraud trial on Monday, as his lawyer dismissed allegations of wrongdoing at the defunct payments company as "absurd" and prejudiced. Braun, 53, and two…

Chipmakers revived stock markets on Thursday, helping to sooth investor worries over a potentially rapid recession because of looming rate hikes, while the euro struggled near a 20-year parity with the safe-haven dollar. Sterling rose 0.6%…