SINGAPORE: Singapore's second-biggest listed-lender, Oversea-Chinese Banking Corp (OCBC), reported a 9 per cent decline in quarterly profit, dragged down by lower total income in pandemic-hit markets, but showed growth in its wealth business. OCBC's lower-than-expected fall in net profit came ...
GameStop Corp said on Tuesday Chief Financial Officer Jim Bell will resign on March 26.
Square Inc raised the bets on bitcoin by investing US$170 million more and Chief Executive Jack Dorsey promised on Tuesday to "double down" on the payment firm's commitment to the world's biggest cryptocurrency.
Bitcoin, shares of Tesla and a high-flying exchange traded fund (ETF) fell on Tuesday, retreating from recent rallies in a volatile session that gave investors a gut check.
The board of Brazilian state-run oil Petrobras on Tuesday called for an extraordinary shareholders' meeting, a move that all but guarantees the exit of current Chief Executive Roberto Castello Branco.
Millions of Texans have suffered the effects of a design that served the fossil fuel industry and the politicians it funds, says James K Galbraith.
The Government assistance announced at Budget 2021 may well be the last tranche needed to help the industry stay afloat, says NUS Business School’s Jochen Wirtz.
Veteran dealmaker Michael Klein and his partners have turned their US$43 million personal investment in the blank-check acquisition firm they are merging with luxury electric vehicle startup Lucid Motors Inc into a nearly US$3.3 billion paper gain, according to Reuters calculations.
As Home Depot heads into its busy spring project season - when shoppers build backyard decks and buy patio furniture - it is tangling with surging costs for goods and transportation, on top of tariffs that cost it and other U.S. importers billions of dollars.
Facebook Inc's oversight board has received a "user statement" for the case it is deciding about whether the social media company was right to indefinitely suspend former President Donald Trump's Facebook and Instagram accounts, a board spokeswoman confirmed on Tuesday.
