NEW YORK: Bitcoin fell on Monday (Feb 22) after surging to its latest record high a day earlier as a sell-off in global equities curbed risk appetite, with some investors also citing concerns about the rapid surge in the virtual currency's price. Traders also pointed to the unwinding of...
PARIS: LVMH's Moet Hennessy is buying a 50 per cent stake in rap star Jay-Z's Armand de Brignac champagne brand, the latest luxury brand to try to broaden its appeal with a celebrity tie-up. "I'm proud to welcome the Arnault family into ours through this partnership," the "Empire State...
Goodyear Tire & Rubber Co said on Monday it would acquire Cooper Tire & Rubber Company for about US$2.8 billion to double its presence in North America and China.
BRUSSELS: Microsoft and European media groups on Monday (Feb 22) urged EU regulators to require online platforms to seek arbitration in disagreements over how to share revenues with news publishers, a sticking point in the spat between Facebook and Australia. The EU's 2019 overhauled copyright ...
Sensor maker Velodyne Lidar Inc said on Monday it had removed David Hall as board chair and terminated Marta Thoma Hall as an employee following an investigation into their dealings with the board and company practices.
Taco Bell, a unit of Yum Brands Inc, said on Monday it would launch its own version of a chicken sandwich this year, becoming the latest fast food chain to take a bite out of a category that is soaring in popularity.
Goodyear Tire & Rubber Co said on Monday it would acquire Cooper Tire & Rubber Company for about US$2.8 billion to double its presence in North America and China.
Billionaire William "Beau" Wrigley Jr is taking cannabis producer Parallel public, in a merger due to complete this summer with Canadian-listed Ceres Acquisition Corp that values the Atlanta, Georgia-based firm at US$1.88 billion.
U.S. stock index futures slipped on Monday as climbing Treasury yields and prospects of rising inflation triggered caution over pricey equity valuations, hitting shares of high-flying technology-related companies.
Staff at financial firms in Britain are suffering from "lockdown fatigue" and their bosses are not always making sure all employees can speak up freely about their problems, the Financial Conduct Authority said on Monday.
