Paul Volcker, the towering former Federal Reserve chairman who tamed U.S. inflation in the 1980s and decades later inspired tough Wall Street reforms in the wake of the global financial crisis, died on Monday at the age of 92, according to his daughter Janice Zima.
Amazon.com Inc on Monday accused U.S. President Donald Trump of exerting "improper pressure" and bias that led the Department of Defense to award a lucrative US$10 billion cloud contract to rival Microsoft Corp .
Witness testimony began Monday over an effort by U.S. state attorneys general to stop T-Mobile U.S. from buying Sprint Corp , in a case that highlights disagreements between federal antitrust enforcers, who are Republican, and Democrats in powerful states.
Finnish telecoms equipment maker Nokia has suspended legal action against German carmaker Daimler in the hope that mediation will resolve their dispute over technology licensing fees.
Canada's new minority Liberal government will present a fiscal update before the Christmas break, although no date has been set, Finance Minister Bill Morneau said on Monday.
Walmart in Chile on Monday pulled requests it filed earlier with Chilean courts demanding police protection for its supermarkets, but said looting of its stores continued and that the situation following weeks of unrest remained "complex."
World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd's US$1.8 billion merger with rival shipbuilder Daewoo is expected to face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday.
U.S. consumers' inflation expectations rose slightly in November, bringing the outlook for near and medium-term inflation up from a five-year low in a New York Federal Reserve survey, potentially offering relief to policymakers worried about sagging inflation.
SINGAPORE: In less than a month, the goods and services tax (GST) will be levied on imported services. These range from marketing and IT services procured by businesses to music and video streaming platforms used by individual consumers here. The changes, which will “level the GST treatment for ...
Xerox Holdings Corp expects its proposed acquisition of personal computer company HP Inc to result in sales growth of as much as US$1.5 billion for the combined company, according to a presentation by the printer maker.
