Australian former finance minister Mathias Cormann was elected Friday as the new head of the influential Organisation for Economic Cooperation and Development, sources close to the OECD told AFP, in a choice likely to dismay environmental groups.
AT&T Inc said on Friday it expects global subscribers of between 120 million and 150 million for HBO Max and HBO by the end of 2025, raising its forecast as more people turn to streaming services for entertainment on the go.
U.S. producer prices increased strongly in February, leading to the largest annual gain in nearly 2-1/2 years, but considerable slack in the labor market could make it harder for businesses to pass on the higher costs to consumers.
Major cryptocurrency exchange Binance Holdings Ltd is being probed by the Commodity Futures Trading Commission (CFTC) over concerns that it allowed Americans to make bets that violated U.S. rules, Bloomberg News reported on Friday.
AT&T Inc said on Friday it expects global subscribers of between 120 million and 150 million for HBO Max and HBO by the end of 2025, raising its forecast as more people turn to streaming services for entertainment on the go.
Airbus is canvassing airline support for a potential freighter version of its A350 passenger jet, targeting a key stronghold of U.S. rival Boeing as e-commerce lifts demand for transported goods, people familiar with the matter told Reuters.
Disneyland Paris, Europe's biggest tourist attraction, said Friday it will not be able to reopen as planned on Apr 2 because of the ongoing COVID-19 crisis.
Futures tracking the S&P 500 and the Dow slipped on Friday after ending at record closing highs in the prior session as a spike in U.S. bond yields reignited inflation worries and dented appetite for high-growth stocks.
India's Enforcement Directorate has recently asked Amazon.com Inc for information related to its operations in the country, as the agency continues to investigate the U.S. e-commerce giant, a senior agency source told Reuters on Friday.
Global shares were flat on Friday but within sight of a record high while oil edged lower as benchmark debt yields climbed, helping to curb the latest stimulus-driven rally.
