Shares of major airlines fell on Tuesday after U.S. President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least US$1.6 trillion in additional coronavirus relief funds.
Asian stocks were set to open lower on Wednesday, weighed by a weaker Wall Street finish after U.S. President Donald Trump dashed hopes for a fourth stimulus package with a tweet.
Samsung Electronics Co Ltd's September-quarter profit likely surged more than a third, fuelled by strong smartphone sales and a rush order of memory chips from Huawei Technologies Co Ltd, analysts said.
JPMorgan Chase & Co aims to support its clients in expanding investment in clean energy and work towards net zero-emissions by 2050, a move that aligns with the Paris climate pact of cutting carbon output, the bank said on Tuesday.
US President Donald Trump on Tuesday called off negotiations with Democratic lawmakers on coronavirus relief legislation until after the election, even as cases of the virus are on the rise across much of the country before flu season.
General Electric said on Tuesday it received a Wells notice, saying that the U.S. Securities and Exchange Commission staff is considering recommending a civil action against the company for possible violations of the securities laws.
Tesla's upcoming quarterly report could put another US$3 billion in Chief Executive Elon Musk's pocket.
Shares of major airlines fell on Tuesday after U.S. President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least US$1.6 trillion in additional coronavirus relief funds.
A U.S. House of Representatives panel looking into abuses of market power by four of the biggest technology companies found they used "killer acquisitions" to smite rivals, charged exorbitant fees, and forced small businesses into "oppressive" contracts in the name of profit.
The Federal Aviation Administration (FAA) on Tuesday issued a draft report on revised training procedures for the Boeing 737 MAX, a key milestone to the plane's eventual ungrounding.
