Nikola Corp said on Friday it could take legal action against short-seller Hindenburg Research, which accused the electric truck maker of being a "fraud" in a scathing report on Thursday.
Germany, France, Italy, Spain and the Netherlands called on the European Commission to draw up strict regulation for asset-backed cryptocurrencies such as stablecoins to protect consumers and preserve state sovereignty in monetary policy.
Rio Tinto's decision to part ways with its CEO and two senior executives reflects heightened investor concern over social issues and the loss of "social license" to operate, governance groups and investors said.
Kroger Co reported a 14.6per cent rise in quarterly same-store sales on Friday, helped by a surge in online grocery sales as customers cooked more at home during the COVID-19 pandemic, sending the U.S. supermarket chain's shares up 4per cent.
Facebook Inc launched legal action on Friday against Ireland's Data Protection Commission in an attempt to halt a proposed order that could stop the company from transferring data from the European Union to the United States.
Kroger Co reported a 14.6per cent rise in quarterly same-store sales on Friday, helped by a surge in online grocery sales as customers cooked more at home during the COVID-19 pandemic, sending the U.S. supermarket chain's shares up 4per cent.
SINGAPORE: Over almost five decades, Singapore Airlines (SIA) gained a reputation as one of the world’s best carriers, flying to 66 destinations worldwide with a fleet of more than 130 aircraft. But it has been a devastating year for Singapore’s flag carrier due to COVID-19. Like so many other...
Argentina's provinces from Buenos Aires to wine region Mendoza are readying to revamp a combined US$13 billion in debt, after a successful sovereign debt restructuring opened the door for local governments to resolve their regional crises.
As evidence grew this spring that the drug remdesivir was helping COVID-19 patients, some Wall Street investors bet on analysts’ estimates that its maker, Gilead Sciences Inc, could charge up to US$10,000 for the treatment.
A rebound in Tesla Inc shares was set to extend into a third straight session on Friday, recouping more of a record 21per cent drop earlier this week that wiped US$80 billion off the electric-car maker's market capitalization.
