Cheerios cereal maker General Mills cut its full-year earnings forecast due to a sharp increase in freight and commodity costs, driving its shares down 9 percent in premarket trading on Wednesday. The Minneapolis-based company, which […]
China has offered to buy more semiconductors from the United States by diverting some purchases from South Korea and Taiwan, to help cut China’s trade surplus with the U.S., CNBC confirmed on Monday. To avert […]
British digital-only lender OakNorth is looking to expand to one of the biggest markets for financial technology (fintech). OakNorth, a start-up bank based in London, recorded a pre-tax profit of £10.6 million ($15 million) in […]
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