Outgoing US President Donald Trump's trade chief on Monday urged President-elect Joe Biden to maintain tariffs imposed on China, arguing that they have shifted the balance of power in Washington's favour.
Chesapeake Energy Corp's value has soared since its June bankruptcy filing, the U.S. judge overseeing the natural gas producer's trial indicated, and is worth US$5.13 billion, far above the shale gas pioneer's estimate.
U.S. stock index futures slipped from record levels on Monday, as investors assessed a surge in coronavirus cases and faltering economic indicators following a solid run on hopes of more fiscal stimulus.
Office supplies retailer Staples on Monday said it made an offer to buy Office Depot owner ODP Corp for US$2.1 billion in cash.
Twitter's German-listed shares slumped 8per cent on the first trading day after it permanently suspended U.S. President Donald Trump's account late on Friday.
Top executives at U.S. pharmaceutical company Novavax Inc aren't waiting to see how well their COVID-19 vaccine works before they reap the financial rewards.
U.S. stock index futures slipped from record levels on Monday, as investors assessed a surge in coronavirus cases and faltering economic indicators following a solid run on hopes of more fiscal stimulus.
Twitter's German-listed shares slumped as much as 8per cent on Monday, the first trading day after it permanently suspended U.S. President Donald Trump's account late on Friday.
Judging by trading in U.S. money markets, investors are starting to ramp up expectations for a rise in U.S. interest rates by the second half of 2023 on the prospects of more fiscal stimulus and higher inflation.
Domestic smartphone shipments in China in 2020 fell 20.4per cent from the previous year, government data released on Monday showed,
