SINGAPORE will press ahead with its industry transition to the Singapore Overnight Rate Average (Sora) as the new interest rate benchmark by the end of this year, even as the discontinuation of a key global benchmark - the scandal-tainted London Inter-bank Offered Rate (Libor) - could be pushed...
Chipotle Mexican Grill Inc on Tuesday missed Wall Street estimates for quarterly profit, hurt by costs related to keeping its business running during the COVID-19 pandemic, sending the fast-casual chain's shares down about 2per cent after the closing bell.
Amgen Inc on Tuesday reported a higher-than-expected quarterly profit as sales of newer drugs offset lower revenue from older off-patent medications, but the biotech company forecast 2021 earnings below Wall Street estimates.
Google parent Alphabet Inc beat analysts' estimates for quarterly revenue on Tuesday, as the internet's biggest supplier of search and video ads benefited from a rebound in ad spending during the holiday season.
A federal judge in Manhattan said on Tuesday (Feb 2) Whole Foods Market must face a proposed class-action lawsuit claiming it deceived shoppers about the contents of its 365 Organic Honey Graham Crackers.
Exxon Mobil on Tuesday (Feb 2) posted a historic annual loss after the COVID-19 pandemic hammered energy prices and reduced the value of the company's shale gas properties by more than US$20 billion.
Suspected Chinese hackers exploited a flaw in software made by SolarWinds to help break into US government computers last year, five people familiar with the matter told Reuters.
Suspected Chinese hackers exploited a flaw in software made by SolarWinds Corp to help break into U.S. government computers last year, five people familiar with the matter told Reuters, marking a new twist in a sprawling cybersecurity breach that U.S. lawmakers have labeled a national security ...
Capri Holdings is expected to post a fourth straight fall in quarterly revenue on Wednesday as the blow from fresh lockdowns in Europe eclipses a China-driven recovery in sales of its luxury handbags and apparel.
Facebook said on Tuesday (Feb 2) it had removed a page linked to Myanmar's military-owned TV network after a coup this week by the country's military leaders.
