U.S. bank shares outperformed the broader market on Monday, led by Goldman Sachs and Morgan Stanley, after the Federal Reserve said stress test results meant the sector could resume stock buybacks for the first time since the coronavirus-led downturn.
The U.S. secretary of the Treasury on Monday publicly confirmed that his department had been breached - more than a week after Reuters first reported the hack.
Aon's US$30 billion bid for Willis Towers Watson to create the world's largest insurance broker faces a five-month long investigation after EU antitrust regulators voiced concerns that the deal may hurt competition in key markets.
The European Union has opened two investigations into Chinese exporters to assess whether steel screws are being sold in the bloc at excessively low prices and whether optical fibre cables are benefiting from unfair subsidies.
EU antitrust regulators opened on Monday a full-scale investigation into Aon's US$30 billion bid for Willis Towers Watson to create the world's largest insurance broker, concerned that the deal may reduce competition.
SINGAPORE: Two Resorts World Sentosa hotels, the Beach Villas and Equarius Hotel, have been directed to suspend bookings for one month after failing to comply with COVID-19 safe management measures, said the Singapore Tourism Board (STB) on Monday (Dec 21). The suspension will begin on Tuesday and ...
A draft law proposing to limit foreign shareholdings in Russian companies that offer online video streaming services to 20per cent could worsen the investment climate, a spokesperson for internet giant Yandex told Reuters on Monday.
Shares of electric carmaker Tesla were down ahead of their debut on the S&P 500 on Monday, as worries over a fast-spreading new coronavirus strain in Britain weighed on markets.
U.S. President-Elect Joe Biden on Monday named additional people to join the National Economic Council, his transition team said in a statement.
ROME: Italian police said on Monday a man who ran a cryptocurrency exchange that was declared bankrupt last year is suspected of being responsible for a series of hacks that caused losses of 120 million euros (US$146 million). More than 230,000 people were defrauded by the cyber-theft of a...
