WASHINGTON :Facebook Inc could be forced to sell its prized assets WhatsApp and Instagram after the U.S. Federal Trade Commission and nearly every U.S. state filed lawsuits against the social media company, saying it used a "buy or bury" strategy to snap up rivals and keep smaller competitors at...
Citigroup Inc Chief Financial Officer Mark Mason said on Wednesday that the bank is more likely to report loan loss reserve releases than builds starting in the fourth quarter.
SINGAPORE'S fintech investments rebounded in the second quarter of 2020 to US$278 million, 4.1 times the US$68 million recorded in the first quarter, the Singapore FinTech Association (SFA) and management consulting firm Oliver Wyman said in a report on Wednesday.
AFTER a year-long pause, the eurozone seems ready to resume talks over the completion of a "banking union". The project - which includes creating a single deposit insurance scheme for all the bloc's lenders - would go a long way toward boosting the resilience of Europe's financial...
US federal and state antitrust enforcers filed suit against Facebook on Wednesday (Dec 9) claiming the social media giant abused its dominant position with its acquisitions of messaging services Instagram and WhatsApp.
India's antitrust body on Wednesday conducted raids at offices of UltraTech Cement and two subsidiaries of the world's largest cement maker LafargeHolcim, two sources close to the matter told Reuters.
:Shares of DoorDash Inc were set to soar in their debut on Wednesday after the food delivery startup raised US$3.37 billion in one of the biggest U.S. stock market launches so far in 2020.
India's antitrust body on Wednesday conducted raids at offices of UltraTech Cement and two subsidiaries of the world's largest cement maker LafargeHolcim, two sources close to the matter told Reuters.
:Shares of DoorDash Inc were set to soar in their debut on Wednesday after the food delivery startup raised US$3.37 billion in one of the biggest U.S. stock market launches so far in 2020.
Sweden's Equality Ombudsman (DO), a government agency, said on Wednesday it had launched an investigation into fashion retailer H&M following a media report accusing H&M of racism in Swedish stores.
