Huawei Technologies saw slight growth in its 2020 performance, in line with its expectations, the company's rotating Chairman Ken Hu said at an industry event held in Shanghai on Tuesday.
HSBC Holdings PLC on Tuesday reported 34per cent drop in annual profit, slightly better than expectations, after a year in which its global business took a hefty blow from the COVID-19 pandemic.
U.S. National Transportation Safety Board (NTSB) Chairman Robert Sumwalt said Monday that damage to a fan blade in a Pratt & Whitney engine that failed in a United Airlines Boeing 777-200 is consistent with metal fatigue, according to a preliminary assessment.
WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly US$500 million cut in his payout from the office space-sharing company's new owner, the Wall Street Journal reported on Monday.
Petrobras shares plunged 22per cent on Monday, wiping out 71 billion reais (US$13 billion) in market value, as Brazilian President Jair Bolsonaro again slammed its pricing policies after he replaced the state-controlled oil company's market-friendly CEO with a retired army general.
Occidental Petroleum Corp posted a larger-than-expected loss of US$731 million on Monday on an asset sale in the Permian Basin.
Occidental Petroleum Corp, Diamondback Energy Inc and a host of smaller Permian-focused U.S. shale producers said on Monday their first-quarter oil output will be hit by a recent winter storm that knocked out power to millions in Texas.
The Singapore Government’s move to issue green bonds for S$19 billion worth of infrastructure projects positions the country as a trusted hub for green finance, say PwC’s Fang Eu-Lin and Mark Rathbone.
Occidental Petroleum Corp posted a larger-than-expected loss of US$731 million on Monday on an asset sale in the Permian Basin.
Discount chain Dollar General Corp, one of the few U.S. retailers thriving during the COVID-19 pandemic, is taking steps to find a potential successor to Chief Executive Todd Vasos, people familiar with the matter said on Monday.
