The U.S. Securities and Exchange Commission's approval of capital raisings through direct listings will be seized on by some startups, yet most companies will still opt for initial public offerings (IPOs), capital market insiders say.
Wall Street's main indexes hit record highs in early trading on Monday as President Donald Trump's signing of a long-awaited US$2.3 trillion pandemic aid bill bolstered bets on an economic recovery, helping financial and energy stocks.
The U.S. Environmental Protection Agency (EPA) on Monday will finalize the first-ever proposed standards regulating greenhouse gas emissions from airplanes, a spokeswoman told Reuters.
MOSCOW: Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles (US$49 billion) this year, the country's largest lender Sberbank said. Russia has encouraged its citizens to switch to bank cards and limit cash use to try to crack down on the shadow economy, but the...
Tesla Inc will come to India early next year, country's transport minister Nitin Gadkari told national daily the Indian Express on Monday.
2021 could be a do-or-die year for Europe's efforts to catch up with China and the United States in rolling out super-fast fifth-generation (5G) telecoms networks.
MANILA: Philippines President Rodrigo Duterte signed on Monday (Dec 28) a 4.5 trillion pesos (US$93.7 billion) budget for next year, the country's largest yet, to bankroll economic recovery and fund the purchase of millions of doses of COVID-19 vaccines. The approval of the national budget, a ...
With the passage of time, Americans are less familiar with two fatal Boeing 737 MAX crashes, but if they are made aware of those disasters, more than half say they would probably avoid the aircraft, according to a Reuters/Ipsos opinion poll.
Global shares ticked up on Monday as a source said U.S. President Donald Trump signed into law a US$2.3 trillion pandemic aid and spending package he had until now refused to sign.
South Korea's antitrust regulator said on Monday Delivery Hero must sell its Yogiyo subsidiary to win approval for a US$4 billion takeover of Woowa Brothers that would have given it a near monopoly in the country's food delivery market.
