In a case dating back two years, lawyers for Huawei Chief Financial Officer Meng Wanzhou on Thursday will resume questioning a Canada border officer who intercepted Meng before the federal police arrested her.
Malaysia's AirAsia X Bhd plans to drop a local airport operator from its US$15.3 billion debt restructuring plan to expedite discussions with creditors as its cash is running out fast, people with direct knowledge of the matter said.
Credit Suisse on Thursday posted a steeper-than-expected slide in third-quarter profit, as a surge in investment banking failed to offset a slowdown in wealth management and other headwinds it chalked up to exceptional circumstances.
WASHINGTON/SHANGHAI: Taiwan's UMC has pleaded guilty to trade secret theft in the United States and will pay a US$60 million fine in a case where it was accused of helping a Chinese state-owned chipmaker steal secrets from Micron Technology Inc. The fine is the second-largest ever in a criminal...
Standard Chartered booked a smaller-than-expected 40per cent slide in quarterly profit as the lender lowered its loan loss expectations linked to the coronavirus pandemic, also saying client demand was likely to increase next year.
Airbus said on Thursday it expected to reach cash breakeven in the fourth quarter, giving investors the first glimpse of future performance since the start of the coronavirus crisis after halting the bleeding of cash in the third quarter.
When banks were flooded with loan requests from businesses struggling with the fallout of the coronavirus pandemic, hastily built robots helped several lenders cope with the deluge.
Samsung Electronics Co Ltd said on Thursday it expects fourth-quarter profit to fall due to weak server chip demand and rising smartphone competition, after posting its best quarterly operating profit in two years in the third quarter.
Microsoft Corp said on Wednesday that it detected and attempted to stop a series of cyberattacks from Phosphorus, which the company described as an 'Iranian actor', with the attacks aimed to target over 100 high-profile individuals.
Samsung Electronics Co Ltd said on Thursday it expects profits to fall in the current quarter after posting its highest operating profit in two years for the third quarter.
