Several publicly traded energy companies took millions of dollars in U.S. taxpayer-funded loans to support their businesses even as those firms had access to other ways to generate cash, according to a Reuters analysis of U.S. Securities and Exchange Commission and other government data.
REUTERS: Bristol Myers Squibb Co said on Monday it would buy MyoKardia Inc for about US$13 billion to bolster its portfolio of heart disease treatments, ahead of the potential loss of sales exclusivity of some of its blockbuster drugs. The deal comes close on the heels of Bristol Myers'...
U.S. oil giant Exxon Mobil said on Monday it plans to reduce its European workforce by up to 1,600 across the company's affiliates by the end of 2021 as part of its global review.
China said at a World Trade Organization meeting that restrictions by the United States on Chinese mobile applications TikTok and WeChat are in violation of the body's rules, a trade official said.
The pace of mergers and acquisitions in the U.S. oil and gas sector during the third quarter tied with the first quarter for the worst in a decade, according to data released on Monday, as most shale producers remain reluctant to spend after an oil price crash this year....
Wall Street's main indexes opened higher on Monday as doctors said President Donald Trump could be discharged from the hospital where he is being treated for COVID-19, while hopes of a new fiscal stimulus bill also lifted sentiment.
Nvidia Corp on Monday laid out a multi-year plan to create a new kind of chip for data centers, aimed at siphoning off more functions from its chief rival Intel Corp .
JPMorgan is looking to bolster its Russian private banking team with two new appointments, the bank said in an internal memo seen by Reuters.
Uber Technologies Inc and Lyft Inc together are spending nearly US$100 million on a November California ballot initiative to overturn a state law that would compel them to classify drivers as employees.
JAKARTA: Indonesia's parliament voted on Monday (Oct 5) to pass into law President Joko Widodo's flagship "Job Creation" Bill aimed at improving the investment climate in Southeast Asia's biggest economy, as labour groups vowed protests over the legislation. Seven out of nine parties accepted the ...
