Wall Street's main indexes were set to rise on Monday as Pepsi kicked off the second-quarter earnings season on an upbeat note, with investors also cheering signs of progress in COVID-19 vaccine development.
AMC Entertainment Holdings Inc said on Monday it had reached an agreement with bondholders that would reduce its debt by up to US$630 million, as it looks to reopen theaters after being shut for weeks due to the COVID-19 pandemic.
Electric car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a valuation of US$2.9 billion, the companies said on Monday.
Alphabet Inc's Google supports a multilateral solution for taxing digital services that is under discussion by the Organisation for Economic Cooperation and Development (OECD), its chief executive Sundar Pichai told Reuters in an interview.
Apple Inc on Monday said it has allocated more than US$400 million of US$2.5 billion it pledged last year to stem California's housing crisis.
Electric-car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a US$2.9 billion valuation, the companies said on Monday.
Aerospace supplier Strata Manufacturing, a key player in efforts by oil producer Abu Dhabi to diversify into high-tech manufacturing, is chasing new income at a time of uncertainty about demand for plane parts.
The IMF Monday again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the "twin shock" of the coronavirus pandemic and low oil prices.
Labour representatives at German carmaker Daimler said on Monday that discussions with management over cost cuts had become "rougher", after a board member said over the weekend that more than 15,000 jobs were at risk.
REUTERS: Crystal Palace's Wilfried Zaha has called on social media platforms to identify and remove users who resort to racist abuse after the forward was targeted before his team's Premier League match at Aston Villa on Sunday. The Ivory Coast international shared images of the messages he ...
