Airbnb Inc is aiming for a valuation of nearly US$35 billion in what will be the last blockbuster U.S. IPO of the year, marking a stunning recovery in its fortunes after the home rental firm was ravaged by the COVID-19 pandemic earlier this year.
Nasdaq Inc on Tuesday filed a proposal with the U.S. Securities and Exchange Commission that, if approved, will require all Nasdaq-listed companies to adopt new rules related to board diversity and disclosure or potentially face delisting.
Facebook-backed cryptocurrency Libra has been rebranded "Diem" in a renewed effort to gain regulatory approval by stressing the project's independence.
Wall Street's main indexes were set to open higher on Tuesday as better-than-expected factory data from China and hopes that a COVID-19 vaccine will be rolled out before the end of the year bolstered bets of a speedy economic recovery.
Moderna and Pfizer-BioNTech are in a tight race to launch their COVID-19 vaccines in Europe after both applied for emergency EU approval on Tuesday, though there was uncertainty over whether a rollout could begin this year.
Canadian technology specialist BlackBerry and e-commerce titan Amazon have developed a cloud-based software platform designed to help automakers and suppliers standardize vehicle data and speed deployment of new revenue-generating features and services, the companies said on Tuesday.
Bitcoin fell 5.6per cent against the dollar on Tuesday, after hitting a record high earlier in the day.
Bitcoin fell 5.6per cent against the dollar on Tuesday, after hitting a record high earlier in the day.
Malaysia said on Tuesday it would file charges against Top Glove Corp because of poor worker accommodation provided by the world's biggest maker of medical gloves.
Economic outlook seen brightening but dangers remain
