Intercontinental Exchange Inc said on Thursday it would buy Ellie Mae, a cloud-based platform provider for the mortgage finance industry, from private equity investment Thoma Bravo in a deal valued at US$11 billion.
Asia shares were poised to open higher on Friday, tracking global equity markets' overnight gains as investors awaited a U.S. nonfarm payrolls report.
SoftBank Group Corp is seen booking a 75per cent first-quarter profit plunge on Tuesday, albeit making a return to profitability, as the coronavirus outbreak continued to weigh on the tech bets of CEO Masayoshi Son's US$100 billion Vision Fund.
Facebook Inc will allow employees to work from home until July 2021 due to the coronavirus outbreak and will give them US$1,000 for home office needs, a spokeswoman for the social media giant said on Thursday.
Shaming those who carry shares in fossil fuel companies would be passing up an opportunity for shareholder activism, say observers.
President Donald Trump on Thursday moved to reimpose 10per cent tariffs on some Canadian aluminum products to protect U.S. industry from a "surge" in imports, angering Ottawa and some U.S. business groups.
AMC Entertainment Holdings Inc said on Thursday it expects all its international theaters to resume operations in the next two to three weeks, while two-thirds or more of its U.S. theaters are set to reopen later this month.
Trump administration officials have urged the president to delist Chinese companies that trade on U.S. exchanges and fail to meet U.S. auditing requirements by January 2022, Securities and Exchange Commission and Treasury officials said on Thursday.
Uber Technologies Inc said demand for its food-delivery service more than doubled in the second quarter as many users remained largely homebound, while demand for ride-hailing trips was only marginally recovering from pandemic rock-bottom.
T-Mobile US Inc said on Thursday it added more monthly bill paying phone subscribers than expected in the second quarter, as more people used its services to stay connected and work remotely during coronavirus lockdowns.
