Silicon Valley is working behind the scenes to secure senior roles for tech allies in lesser-known but still vital parts of president-elect Joe Biden's administration, even as the pushback against Big Tech from progressive groups and regulators grows.
Members of the wealthy Sackler family, owners of OxyContin maker Purdue Pharma LP, have long denied that the US$10 billion they transferred from their company over the course of a decade was an unlawful attempt to shield assets in anticipation of litigation over their role in the opioid crisis.
SINGAPORE: The world’s first lab-grown chicken product will be sold to customers of private members’ club 1880 at the beginning of January. This will be the first global commercial debut of the cultured chicken by US start-up Eat Just, which announced earlier this month it had received the world’s...
JAKARTA: Traveloka, Southeast Asia's largest online travel app, said on Monday (Dec 21) it "was looking to go public soon" and was evaluating a merger with a special purpose acquisition company (SPAC) as a possible option. “A SPAC is one of the options we are evaluating given we have...
China said on Monday it firmly opposed U.S. President Trump signing a bill that would kick Chinese companies off U.S. stock exchanges unless they adhere to U.S. auditing standards, saying it contains discriminatory provisions against Chinese companies.
Shares in Danske Bank rose 3per cent in early trade on Monday after it said on Saturday that it is no longer under investigation by the U.S. Department of Treasury for alleged money-laundering in its Estonia branch.
Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by US$3.5 billion to US$4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.
Shares in Air France KLM and Channel Tunnel operator Getlink slumped on Monday after Britain's European neighbours began closing their doors to travellers from the United Kingdom due to new COVID-19 fears.
Mediaset will press ahead with plans to create a pan-European TV champion, regardless of whether it can strike a deal to settle a dispute with its second-largest shareholder Vivendi, the Italian broadcaster's CEO was quoted as saying on Monday.
Tesla Inc will on Monday make its much anticipated debut into the benchmark S&P 500 index, after rising to a record high on Friday in a frantic day of trading.
