American Airlines Group Inc announced a proposed underwritten public offering of 38.5 million shares of its common stock on Tuesday, as the airline looks to boost its liquidity amid falling sales during the coronavirus crisis.
Beyond Meat Inc's shares sank 22per cent on Tuesday as a slowdown in the pace of sales growth for its plant-based meat shocked investors, while a surprise announcement of a tie up with McDonald's Corp created more confusion than hunger on Wall Street.
Amazon.com Inc said on Tuesday it had taken down listings of products such as briefs and doormats with Hindu sacred symbols, which were being sold on its overseas websites, following a furore on social media in India.
REUTERS: Futures tied to the S&P 500 dipped in choppy trading on Tuesday as worries about the extent of the COVID-19 pandemic's economic impact resurfaced, a day after Wall Street rallied sharply on successful vaccine data. The main U.S. indexes clinched new peaks on Monday as the first successful...
Berlin-based e-scooter startup Tier Mobility said on Tuesday it had raised US$250 million from investors to expand operations beyond the 80 cities in 10 countries it covers and launch new ways to get around town.
Huawei Technologies plans to sell its budget-brand Honor smartphone unit in a 100 billion yuan (US$15.14 billion) deal after years of pressure from U.S. trade curbs made on grounds that the technology firm is a national security threat.
U.S. monetary policy won't be a top-of-mind concern for President-elect Joe Biden as he prepares to take office in January, with the Federal Reserve's economic arsenal already deployed against an ongoing recession and decisions about federal spending more pressing for the next administration.
Huawei plans to sell budget-brand smartphone unit Honor in a 100 billion yuan (US$15.2 billion) deal to a consortium led by handset distributor Digital China and the government of its home town of Shenzhen, people with knowledge of the matter told Reuters.
SINGAPORE: Singapore Airlines' share price rose as much as 21 per cent during intraday trading to a five-month high on Tuesday (Nov 10), as markets rallied on news that a vaccine candidate was 90 per cent effective in treating COVID-19 patients, fuelling hopes for a return to normal. SIA's...
HONG KONG: Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year's Singles' Day online shopping festival, as the country recovers from the pandemic. The shopping festival, which is the world's largest and falls on Nov 11 every year ...
