Wells Fargo & Co Chief Executive Officer Charles Scharf apologized on Wednesday for "making an insensitive comment reflecting my own unconscious bias", a day after Reuters reported he had exasperated Black employees by saying the bank had trouble with diversity goals due to a shortage of minority ...
The U.S. Justice Department will unveil later on Wednesday a proposal that seeks to limit legal protections for internet platforms on managing content, a person briefed on the matter confirmed.
Thailand's digital ministry said on Wednesday it would start legal action against Facebook, Twitter and Google this week for ignoring some requests to take down content, in what would be the country's first such cases against major internet firms.
JPMorgan Chase & Co is moving about 200 billion euros (US$234 billion) of assets from the United Kingdom to Germany as a result of Britain's exit from the European Union, a source familiar with the matter said on Wednesday.
EU antitrust regulators have extended their investigation into Alphabet unit Google's fitness tracker maker Fitbit to Dec. 23, the European Commission said on Wednesday.
BRUSSELS: World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd are in talks with EU antitrust regulators on concessions to allay competition concerns about its US$1.8 billion bid for rival shipbuilder Daewoo , people familiar with the matter said. The European Commission opened ...
KKR & Co Inc has agreed to acquire 1-800 Contacts from investment firm AEA Investors LP, the online contact lens retailer announced on Wednesday, in a deal that a source said was worth more than US$3 billion.
Facebook, YouTube and Twitter have agreed with big advertisers on first steps to curb harmful content online, following boycotts of social media platforms that advertisers had accused of tolerating hate speech.
An emergency approval of one to three Covid-19 vaccines is likely in the coming months UBS Asset Management predicted on Wednesday, a milestone that could finally end the surge of mega-cap U.S. tech stocks.
The deleveraging of China-U.S. supply chains and protectionism on both sides of the Pacific will only drive up costs and limit the flow of ideas, the chairman of Taiwan Semiconductor Manufacturing Co Ltd said on Wednesday.
