Asian shares are likely to dip on Thursday after remarks by U.S. Secretary of State Mike Pompeo that Hong Kong no longer warranted special treatment under U.S. law reignited worries about worsening relations with Beijing.
Arizona on Wednesday filed a consumer fraud lawsuit against Alphabet Inc's Google alleging that the company used "deceptive" and "unfair" practices to obtain the location data of users.
ABOARD AIR FORCE ONE: U.S. President Donald Trump will sign an executive order shortly regarding social media companies, a White House spokeswoman said on Wednesday. Spokeswoman Kayleigh McEnany made the remark to reporters aboard Air Force One, traveling with Trump to Washington from Florida a ...
Reopening the economy is no panacea for businesses facing the threat of bankruptcy if adjustment to the ‘new normal’ is not forthcoming, says NUS Business School’s Cai Daolu.
JPMorgan Chase & Co's head of its corporate and investment banking division said second-quarter revenues are on track to be up more than 50per cent higher than the same period last year, thanks to extremely strong fixed income and equities trading revenues.
Billionaire investor Carl Icahn said on Wednesday he had sold his entire equity position in Hertz Global Holdings Inc at a "significant loss", days after the car rental pioneer filed for bankruptcy protection.
OVER the coming months, we are going to emerge from global lockdown into an economy over which the Covid-19 virus will cast its long shadow. But does that have to be the end of the story?
REUTERS: Boeing Co on Wednesday (May 27) said it has resumed production of its 737 MAX passenger jet at the company’s Renton, Washington, plant at a "low rate" after halting production in January following two crashes that killed 346 people. The aircraft manufacturer's best-selling plane was ...
U.S. luxury homebuilder Toll Brothers Inc on Wednesday withdrew its full-year forecast and warned it would not provide such guidance for the foreseeable future due to uncertainty caused by the COVID-19 pandemic.
NEW YORK: The Dow posted big gains again on Wednesday (May 27) on continued optimism over the reopening of the US economy, even as a fresh Federal Reserve report pointed to anxiety among many businesses. The Dow Jones Industrial Average rose 553.16 points (2.21 per cent) to 25,548.27. The broad...
