Asian shares retreated on Wednesday as investors cashed in on a recent rally, while the euro flirted with highs not seen in more than 2-1/2 years on as hopes of a gradual global economic recovery supported demand for riskier currencies.
Grupo Aeromexico has wound up discussions with two labor unions but remains in talks with two more, it said on Tuesday in an update on negotiations that are a requirement for the airline to receive a second tranche of bankruptcy financing.
Many start-ups turn to venture capital or VC funds to build and grow their enterprises. But due to the COVID-19 pandemic, there has been a steep decline in VC investment flows into Asia. Still, sectors such as digital health are proving to be bright spots. Money Mind reports.
Verizon Communications Inc indicated on Tuesday it might stop offering channels owned by Hearst Television next year, saying the multimedia company was demanding higher rates to broadcast its channels on the telecommunication giant's fiber optic networks.
Wall Street's main indexes eased from record highs in volatile trading on Tuesday as investors worried the U.S. Senate may not quickly pass the additional pandemic aid checks to help jobless Americans.
Canada published the draft Clean Fuel Standard this month, which is central to the ruling Liberal Party's commitment to cut greenhouse gas emissions 30per cent below 2005 levels by 2030. The proposed regulation is also a key part of Prime Minister Justin Trudeau's pledge that Canada will hit net...
Italian-American carmaker Fiat Chrysler will invest 755 million zlotys (US$203.99 million) in its plant in Tychy in Poland, where new hybrid and electric Jeep, Fiat and Alfa Romeo models will be built, Deputy Prime Minister Jaroslaw Gowin said on Tuesday.
REUTERS: Activist hedge fund Third Point LLC is pushing Intel Corp to explore strategic alternatives, including whether it should remain an integrated device manufacturer, according to a letter it sent to the chipmaker's chairman on Tuesday that was reviewed by Reuters. Third Point CEO Daniel ...
WASHINGTON/CHICAGO :Boeing's 737 MAX resumed passenger flights in the United States for the first time on Tuesday after a 20-month safety ban was lifted last month.
The Federal Reserve on Tuesday said it had extended the termination date for its Main Street Lending Program to Jan. 8, 2021, from Dec. 31, 2020, to allow more time to process and fund loans submitted to the program's lender portal on or before Dec. 14.
