Huawei Technologies Co Ltd is selling its budget brand smartphone unit Honor to a consortium of over 30 agents and dealers, according to a joint statement signed by 40 companies involved in the purchase.
Buoyed by further progress in COVID-19 vaccine development, President-elect Joe Biden planned on Monday to consult with the CEOs of top US companies and labor leaders before making a speech on reviving the nation's pandemic-battered economy.
President-elect Joe Biden on Monday said the United States must join forces with other world democracies to present a united front in global trade policy as a counterweight to China.
Shares of Tesla surged 9per cent in extended trade on Monday after S&P Dow Jones Indices announced that the electric car maker would join the S&P 500 index .
Home rental startup Airbnb Inc disclosed paperwork for its initial public offering (IPO) on Monday that showed a slowdown in its core business due to the COVID-19 pandemic, even as it prepares for one of the most anticipated stock market debuts in recent years.
Comcast Corp's Universal Pictures and Cinemark Holdings Inc have reached an agreement that allows the studio's films to be made available in U.S. homes as soon as three weeks after they debut in theaters, the companies said in a statement on Monday.
Four astronauts who launched into space aboard Elon Musk’s rocket company SpaceX were heading toward a Monday night rendezvous in NASA’s first full-fledged mission ferrying a crew into orbit on a privately owned spacecraft.
Chinese search engine giant Baidu Inc said on Monday it would acquire JOYY Inc's video-based entertainment live streaming business in China for about US$3.6 billion (£2.8 billion) in cash.
Wirecard's insolvency administrator Michael Jaffe on Monday said the payment system provider's technology platform had been sold to Spain's Banco Santander .
The U.S. House of Representatives is set to vote on Tuesday on bipartisan legislation to reform the Federal Aviation Administration’s (FAA) aircraft certification process after two fatal Boeing 737 MAX crashes killed 346 people.
