Sony Corp said on Tuesday it was rejecting a call by Daniel Loeb's activist hedge fund Third Point LLC to spin-off its chips business, saying that the business is "a crucial growth driver" for the Japanese company.
U.S. stock index futures edged lower on Tuesday as the focus shifted away from weekend bombings on Saudi Arabia's main oil refinery to the Federal Reserve's two-day policy meeting, where it is widely expected to cut interest rates.
Oil shed some of its gains on Tuesday as the United States raised the possibility of releasing crude reserves, while stocks inched lower as investors waited for this week's Federal Reserve meeting.
As the 2018 harvest approached, North Dakota farmer Mike Appert had a problem - too many soybeans and nowhere to put them. Selling was a bad option. Prices were near decade lows as U.S. President Donald Trump's trade war with China weighed heavily on the market. Temporary storage would...
Saudi Aramco is pressing ahead with its listing plans this week, although some investors and analysts doubt it can now meet its timeline as it has not said when oil output will be restored after attacks on its facilities.
The European Union's order for Apple to pay 13 billion euros (US$14 billion) in back taxes to Ireland "defies reality and common sense," the U.S. company said on Tuesday, as it launched a legal challenge against the 2016 ruling.
KUALA LUMPUR: The government is still looking at solutions for troubled Malaysia Airlines, which is majority-owned by Khazanah Nasional, Prime Minister Mahathir Mohamad said on Tuesday (Sep 17). “It’s not easy ... we have done a lot. The previous government gave them RM6 billion (US$1.4 billion) ...
HANOI: A new social network has entered the already crowded field in Vietnam as the communist party squeezes U.S. tech giants Facebook and Google with a new cybersecurity law. Lotus, a social network that allows users to create content and share posts to a home page, had received 700...
Deep disagreements within the Federal Reserve over the economic outlook and how the U.S. central bank should respond will not stop policymakers from cutting interest rates at a two-day meeting that begins on Tuesday.
For two men trained as scientists, the bosses of Britain's major insulin providers have had to become experts in ferry schedules, trucking laws and warehouse capacity as they seek to guarantee the supply of life-saving drugs through a chaotic Brexit.
