Dow futures rose and S&P 500 futures hit a record high on Wednesday as hopes for a vaccine-linked economic recovery and more domestic fiscal stimulus sparked demand for economically sensitive stocks such as banks and industrials.
Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at all. Yet the islands are deep wells of profit for European oil giant Royal Dutch Shell Plc.
A Canadian border official who testified about "very persistent" information requests from the U.S. Federal Bureau of Investigation after Huawei Chief Financial Officer Meng Wanzhou was arrested two years ago will face more questions from Meng's lawyers in court on Wednesday.
Deutsche Bank on Wednesday said it would cut costs further as the bank confirmed a key profitability target for 2022 that is higher than some analysts have forecast.
Citigroup Inc is heading to trial on Wednesday, hoping to convince a Manhattan federal judge to undo a nearly US$900 million blunder where it used its own money to repay lenders of Revlon Inc, the struggling cosmetics company.
Driverless robot buggies started delivering hot restaurant meals to paying customers in one central Moscow district on Wednesday, their operator, Russian Internet giant Yandex, said.
KUALA LUMPUR: Malaysia's Top Glove Corp on Wednesday (Dec 9) posted a more than 20-fold jump in first-quarter net profit to a record high, as the COVID-19 pandemic boosted demand for protective rubber gloves and selling prices. Net profit for the September-November period grew 2,030 per cent to ......
SINGAPORE: Singapore must stay focused on containing COVID-19 and provide health assurances that it can host the World Economic Forum (WEF) meeting safely next year, Trade and Industry Minister Chan Chun Sing said on Wednesday (Dec 9). The WEF's Special Annual Meeting, which is usually held in ...
UBS said on Wednesday it had "full confidence" in Chief Executive Ralph Hamers' ability to lead the Swiss wealth manager after a Dutch court ordered a probe into Hamers' role in overseeing anti-money laundering compliance at ING Group, his former employer.
SINGAPORE: Certificate of Entitlement (COE) premiums closed higher across the board in the latest bidding exercise on Wednesday (Dec 9). For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$40,714, up from S$37,690 in the last exercise ...
