HP Inc on Thursday rejected Xerox Holdings Corp's raised takeover bid of about US$35 billion, saying it undervalued the personal computer maker.
Former United Auto Workers (UAW) President Gary Jones was charged on Thursday with embezzling more than US$1 million of union funds amid a U.S. corruption probe that has raised the specter of a federal government takeover of the union.
Wall Street's losses deepened and the Dow Jones Industrials shed 1,000 points in afternoon trading on Thursday as death toll in the United States rose to 11 and travel related stocks took a severe beating.
Vodafone and Telecom Italia (TIM) are set to secure conditional EU antitrust approval to create Europe's biggest mobile towers company, part of a strategy to roll out lucrative 5G services, sources said on Thursday.
Airbus is battling to shore up support for its A330neo wide-body passenger jet as the coronavirus crisis, geopolitics and trade wars raise fresh questions over demand for the aircraft, industry sources said.
Alphabet Inc's Google on Thursday joined Amazon.com Inc, Facebook Inc and Microsoft Corp in recommending employees in the Seattle area to work from home, after many were infected with the coronavirus in the region.
AT&T Inc has partnered with Alphabet Inc's Google Cloud to use 5G edge computing technologies to help clients improve speed and increase security by running applications closer to end users.
Walmart Inc's Flipkart faces a further anti-trust probe in India after an appellate tribunal asked the competition watchdog to investigate whether the company had abused its dominant position in e-commerce.
U.S. supermarket chain Kroger Co topped fourth-quarter profit and sales estimates on Thursday, boosted by strong demand for its high-margin private-label brands, sending its shares up as much as 7.2per cent.
DUBAI: Iranian merchants plying the busy Strait of Hormuz between Dubai and Iran fear their next trip home will be a one-way trip after the United Arab Emirates banned ferry services to prevent the spread of coronavirus. "Business is finished," said Iranian trader Morad as he stacked goods on...
