Reddit on Thursday told US stock regulators that it plans to go public on the New York Stock Exchange under the symbol "RDDT."
Reddit did not provide details regarding the number or price of shares nor when the initial public offering would occur.
HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax gains soared by nearly 80 percent, with the banking giant also announcing further share buybacks.
US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America's major credit card firms.
Microsoft on Thursday shook up the video game world with word it is making some once-exclusive Xbox video games available for play on rival consoles.
Japan's Sony upgraded its annual net profit forecast on Wednesday but trimmed its PlayStation 5 unit's sales target, with the flagship console currently in its fourth year on the market.
Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand.
French luxury giant Hermes posted on Friday record annual sales and net profit, with plans to reward all employees worldwide with a bonus following strong growth in every region last year.
An Australian man went on trial in London this week over his claims of inventing bitcoin -- not the first time someone has been linked to being the cryptocurrency's enigmatic creator.
British consumer goods giant Unilever on Thursday said its net profit dropped 15 percent last year to 6.5 billion euros ($7 billion) as sales flattened as the group hiked prices.
French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity divisions as it continues to invest heavily in fossil fuel production.
Swiss banking giant UBS said Tuesday it would hand shareholders up to $1 billion in share buybacks as it posted a smaller-than-expected quarterly loss stemming from the costs of absorbing fallen rival Credit Suisse.
The trial of an alleged bitcoin creator opened in London on Monday, seeking to determine whether an Australian computer scientist invented the world's most popular cryptocurrency.
A South Korean court acquitted Samsung Electronics chief Lee Jae-yong on Monday of a raft of crimes linked to a controversial 2015 merger, Lee's lawyers said.
The US Federal Reserve, the European Central Bank (ECB) and others have held interest rates elevated in recent months in an attempt to bring inflation back down toward target, following a post-pandemic surge in prices.
The move comes as President Joe Biden pushes to rein in health care costs ahead of November's election. The negotiation program came on the back of Biden's landmark Inflation Reduction Act, a major package of energy transition policy and social reforms.
Meta and Amazon on Thursday blew through expectations in their latest quarterly results as Big Tech continued to impress Wall Street.
The iPhone maker reported revenue was up slightly from the same quarter a year earlier, as money brought in from services and digital content set a new record. But worries surrounding the China market cast a pall on the news.
The downbeat sentiment was compounded by disappointing earnings from US titans Microsoft and Google parent Alphabet, which pummeled the tech sector.
Deutsche said it plans to cut around 3,500 jobs over the next two years, "mainly in non-client-facing areas".
Consumer prices slowed to 2.8 percent in January, from 2.9 percent in December, the EU's statistics agency said. Analysts surveyed by Bloomberg and FactSet had forecast inflation to slow to 2.7 percent.
Meta CEO Mark Zuckerberg gave a public apology in US Congress on Wednesday as hostile lawmakers grilled tech chiefs over the dangers that children face on social media platforms.
H&M chief executive Helena Helmersson announced Wednesday she was stepping down, sending shares in the fashion retailer tumbling as the Swedish company reported lower-than-expected profits in the fourth quarter.
A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid.
Microsoft and Google delivered solid corporate earnings on Tuesday as the tech giants said demand for artificial intelligence services stoked revenue.
Samsung Electronics on Wednesday reported a 34.57 percent drop in operating profits for the fourth quarter of 2023, as the company struggles with weak demand for consumer devices.
French automaker Renault said Monday that it was halting the initial public offering of its EV unit Ampere, saying market conditions were unfavourable to list the company's shares.
Storied auction house Sotheby's reported on Monday that sales had dipped last year to $7.9 billion, down $100 million from the record-breaking 2022 which was lifted by pent-up demand following the pandemic.
Toyota's chairman said Tuesday he was "ashamed" of recent scandals involving subsidiaries of the Japanese auto giant, as the firm announced record vehicle sales of 11.2 million across its brands last year.
Saudi Arabia has ordered energy giant Aramco to maintain its oil production capacity at 12 million barrels per day, abandoning a planned increase, the firm said on Tuesday.
Israeli flag carrier El Al said Friday it will scrap direct flights to South Africa following "a significant fall in demand by Israeli travellers" to the country and other destinations.