Larry Fink, chief executive of the world's biggest asset manager BlackRock, on Tuesday warned the companies it invests in that they need to show how they will be able to survive in a world aiming for net-zero carbon emissions by mid-century.
Verizon Communications Inc said on Tuesday it added fewer monthly bill-paying phone subscribers than expected during the fourth quarter, as it faced increased competition from rivals T-Mobile US Inc and AT&T Inc.
`When Microsoft Corp reports earnings on Tuesday, investors will be looking for signs that big businesses are still investing in cloud computing, that smaller businesses are starting to recover and whether Xbox sales will be slowed by chip shortages.
General Electric Co reported a better-than-expected free cash flow for the fourth quarter on Tuesday and forecast 2021 cash flow to be about US$2.5 billion to US$4.5 billion, as it benefits from a recovery at its power and renewable energy units.
India has decided to retain its ban on video app TikTok and 58 other Chinese apps after reviewing responses from the companies on issues such as compliance and privacy, two sources with direct knowledge of the matter told Reuters on Tuesday.
Ant Group will see results if the company follows the legal processes following the suspension of its initial public offering, according to China's central bank governor Yi Gang.
Novartis Chief Executive Vas Narasimhan on Tuesday renewed his commitment to his Sandoz generic unit where sales growth in 2020 stagnated due to reduced hospital stays during the COVID-19 pandemic.
JAKARTA: Indonesia has received investment commitments of up to $10 billion from global firms for its ambitious sovereign wealth fund, a senior minister said on Tuesday (Jan 26), ahead of its launch expected this year. The Indonesia Investment Authority (INA) aims to attract foreign funds as co ...
While links to news may not be direct advertising money-spinners for Facebook or Google, both see the presence of news as an important aspect of audience engagement with their products, says a University of Sydney observer.
MSCI Inc said it will remove five Chinese companies from its flagship global equity index as of the end of Jan. 27 in the absence of an update on a Trump administration order banning Americans from investing in certain Chinese companies.
