A court in Moscow ruled on Tuesday that U.S. investor Michael Calvey should remain under house arrest facing charges of embezzlement until January 13, the TASS news agency reported.
Domino's Pizza missed Wall Street estimates for quarterly same-store sales and profit on Tuesday, hurt by growing competition from third-party delivery services and small pizzerias, sending the pizza chain's shares down 6per cent.
Wall Street was headed for a second straight session of declines on Tuesday as an escalation in U.S.-China tensions tempered expectations from the high-level trade talks this week, while Boeing was hit by fresh concerns over its grounded 737 MAX jets.
Buyout group Blackstone and Danish family investor Kirkbi are launching the sale of German insulation foam maker Armacell in a potential 1.3-1.5 billion euro (US$1.43-US$1.65 billion) deal, people close to the matter said.
Japan's Nissan Motor Co will appoint Senior Vice President Makoto Uchida as chief executive officer, the Nikkei newspaper said on Tuesday.
Chinese smartphone maker Vivo said on Tuesday it will suspend all cooperation with the National Basketball Association (NBA), joining a series of Chinese firms cutting ties with the league following a tweet by a Houston Rockets executive supporting Hong Kong's protesters.
Index funds now control half https://tmsnrt.rs/2Mhmc6L the U.S. stock mutual fund market, giving the biggest funds enormous power to influence decisions and demand better returns at the companies in which they invest trillions of dollars.
SHANGHAI: Tiffany & Co have removed a tweet showing a woman covering one eye after Chinese consumers accused the jeweller of supporting the Hong Kong protesters. The photo posted on Monday showed Chinese model Sun Feifei wearing a Tiffany ring on her right hand as it covers her right eye. Angry...
KUALA LUMPUR: Malaysia said on Tuesday (Oct 8) it would expand tax incentives for companies that use the country as a base for conducting their regional or global business. Effective this year, companies eligible for the government's Principal Hub (PH) incentive will be able to enjoy a 10 per...
Hong Kong's bourse on Tuesday scrapped its unsolicited US$39 billion approach for London Stock Exchange Group (LSE) after failing to convince LSE management to back a move that could have transformed both global financial services giants.
