NEW YORK: U.S. corporate share buyback levels are slowly increasing after last year's pandemic-driven drop-off in spending, and investors are eager to see how much buybacks may support market gains. Buybacks are not likely to return this year to pre-pandemic levels, but recent buyback talk ...
Furniture giant IKEA said it is on track to cut its emissions further after an 11per cent reduction in its climate footprint in the 12 months to the end of August, partly because of temporary store closures.
WASHINGTON: President Joe Biden will sign an executive order on Monday (Jan 25) giving priority to US companies and products in contracts with the federal government, pushing a "Made in America" approach favored by predecessor Donald Trump. The order, senior White House officials said, aims to ...
When Randall Stephenson joined 180 of his peers leading many of the richest U.S. companies in signing the Business Roundtable pledge on the "purpose of a corporation" in August 2019, the then-chief of AT&T Inc promised to look out for the interests of all the wireless carrier's stakeholders, not...
Between the closed theaters and restaurants, the prices slashed by airlines and half-empty hotels, and the government benefits paid or in the pipeline, Americans may have as much as US$2 trillion in extra cash socked away by this spring.
For Alphabet Inc's Verily, a healthcare venture that is one the tech giant's most prominent "other bets," the coronavirus pandemic offered an immediate business opportunity.
U.S. sportswear maker Nike on Monday urged Europe's second-highest court to annul an EU investigation into its Dutch tax rulings, saying the bloc's competition enforcers had failed to show these amounted to illegal state aid.
CANBERRA: Australia's securities regulator said on Monday (Jan 25) there was a cybersecurity breach at a server it used to transfer files including credit licence applications where some information may have been viewed. The Australian Securities and Investment Commission (ASIC) said it became ...
BERLIN: Taiwan's GlobalWafers made what it said was a final attempt to save a 4.35 billion euro (US$5.3 billion) bid for Germany's Siltronic on Monday by lowering the minimum acceptance threshold and extending its offer deadline. The proposed deal would combine GlobalWafers, the number three ...
SHANGHAI: China's Huawei Technologies is in early-stage talks to sell its premium smartphone brands P and Mate, two people with direct knowledge of the matter said, a move that could see the company eventually exit from the high-end smartphone-making business. The talks between the world's largest ...
