Asian investors prepared for rough trading on Thursday after a bumpy session on Wall Street amid fears that agreement on a key U.S. stimulus bill will not be reached until after the presidential election on Nov. 3.
NEW YORK: Purdue Pharma LP agreed to plead guilty to criminal charges over the handling of its addictive prescription opioid OxyContin, in a deal with US prosecutors that effectively sidestepped paying billions of dollars in penalties and stopped short of criminally charging its executives or ...
Sergio Ermotti, the outgoing chief executive officer of UBS Group AG , has agreed to serve as chairman of Investindustrial Acquisition Corp, the blank check company said in a U.S. filing.
Exxon Mobil Corp is "very close" to completing its workforce appraisals in the United States and Canada and expects to unveil job cuts, its chief executive told employees in an email on Wednesday.
Streaming service Quibi said on Wednesday it intends to wind down its operations and start a process to sell its assets, just six months after its launch.
Even if abandoning chargers is a way for Apple to save money, the action could have a significant, positive impact on the environment, say observers.
SINGAPORE: A year ago, OMNi was one of 12 firms vying to operate shared services for personal mobility devices (PMD) under a Land Transport Authority (LTA) scheme. Those plans came to a halt, however, when the scheme were scrapped, in line with Singapore's ban on the use of e-scooters and other ...
Tesla on Wednesday (Oct 21) reported its fifth consecutive quarterly profit on record revenue of US$8.8 billion, boosted by an uptick in vehicle deliveries and sales of environmental regulatory credits to other automakers.
US pipeline operator Kinder Morgan Inc reported a 10per cent drop in quarterly profit on Wednesday as a steep drop in natural gas prices due to the coronavirus pandemic hurt production and transportation of the fuel.
Appliances maker Whirlpool Corp on Wednesday reported a 10.8per cent rise in third-quarter profit as stay-at-home orders boosted demand for its home appliances during the coronavirus crisis.
