TOKYO: Japan's Olympic sponsors are scaling back advertising campaigns and delaying marketing events for this year's Summer Games, concerned that public sentiment toward the event is souring amid a fresh wave of COVID-19. Sponsors also worry that organisers have not told them what contingency ...
GameStop and AMC Entertainment Holdings remained overwhelmingly favored stocks on Reddit's top trading forum on Thursday, even as they and other companies at the core of a retail trader frenzy plummeted after online brokerages imposed trading restrictions.
Steep gains in shares of GameStop Corp and other stocks this week have been described as populist market revolts. But among those out ahead are some of Wall Street's largest asset managers, which can realize gains both from their share stakes and from lending out stocks to short sellers....
Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns about becoming a contract manufacturer for the U.S. tech giant, dimming the outlook for a deal.
A YouTube streamer who helped drive a surge in the shares of GameStop Corp is a 34-year-old financial advisor from Massachusetts and until recently worked for insurance giant MassMutual, public records and social media posts show.
NEW YORK: Roblox has postponed plans to go public because of the US Securities and Exchange Commission's scrutiny of how the video game platform recognises revenue in its finances, according to a memo the company sent to employees on Thursday (Jan 28). The delay is a setback for one...
SINGAPORE: The Singapore arm of China Communications Construction Company Limited has been awarded a S$180 million deal to build a 25m-high viaduct and tunnels for the Johor Bahru-Singapore Rapid Transit System (RTS) Link. This is the second civil contract awarded for the project, said the Land ...
Roblox Corp has postponed plans to go public because of the U.S. Securities and Exchange Commission's scrutiny of how the video game platform recognizes revenue in its finances, according to a memo the company sent to employees on Thursday.
LONDON: Britain is banning direct passenger flights to and from the United Arab Emirates from Friday (Jan 29), shutting down the world's busiest international airline route from Dubai to London. Britain said it was adding the United Arab Emirates, Burundi and Rwanda to its coronavirus travel ban ...
American tech giant Google stepped up its public relations campaign against Australian regulation on Friday (Jan 29), presenting all search users Down Under with a "proposal" to water down planned rules.
