Morgan Stanley has agreed to buy Eaton Vance Corp for about US$7 billion in a cash-and-stock deal that can quickly expand its investment-management business and add more offerings for retail investors, the bank said on Thursday.
Spain's Telefonica is in the final stages of negotiating a roughly 5 billion euros (US$5.9 billion) deal to build a fibre-optic network in Germany, people close to the matter said.
SINGAPORE: A national-level accreditation was launched on Thursday (Oct 8) to recognise firms whose hiring practices are inclusive to people with disabilities. The Enabling Mark is the "first of its kind" accreditation in Singapore, said SG Enable in a media release. "(It) seeks to incentivise ...
The head of the U.S. Securities and Exchange Commission (SEC) said on Thursday that the agency has brought 700 enforcement actions in the 2020 fiscal year, a 'significant' amount after March 15.
UK lawmakers warn Huawei 5G may need to be banned earlier
Wall Street's main indexes were set to rise for a second straight day on Thursday as bets of a piecemeal fiscal stimulus deal lifted sentiment, while data on weekly jobless claims showed the labor market recovery continued to sputter.
Carnival Corp on Thursday reported a loss of US$2.86 billion for the third quarter and said it expected another quarter of losses as a majority of the cruise operator's voyages have been halted due to the COVID-19 pandemic.
Major advertisers including Procter & Gamble, Danone and Chipotle Mexican Grill are committed to spending on TikTok even as the hot Chinese-owned video sharing platform faces a possible ban in the U.S. after the government accused it of being a national security risk.
The number of Americans filing new claims for jobless benefits drifted lower last week, signaling the U.S. labor market is making little fresh headway in getting millions of people back on the job after being out of work due to COVID-19 disruptions.
AMC Entertainment Holdings Inc , the largest theater chain in the United States, said on Thursday it expects to open more locations in Washington state and have more than 520 theaters open in the country by mid-October.
