Sweden's prosecution authority has opened an investigation into possible bribery by employees at mobile telecoms group Ericsson that came to light during a U.S. probe into corruption, daily Dagens Industri wrote on Thursday.
LONDON: European stock markets rallied on Thursday (Dec 12), with Wall Street in record territory, after President Donald Trump said that a trade deal with China was close, emboldening investors to take fresh positions. The British pound, meanwhile, dipped as Britons voted in a general election ...
Facebook will not announce the first members of its independent oversight board this year as it originally expected, the company said on Thursday.
WASHINGTON: US producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted inflation despite a recent uptick in consumer prices. Other data on Thursday (Dec 12) showed the number of Americans filing ...
BERLIN: Europe on Thursday (Dec 12) warned Washington to mind its own business after US lawmakers gave initial approval to a bill that would sanction contractors working on a Russian pipeline to the continent. Brussels "opposes the imposition of sanctions against any EU companies conducting ...
SINGAPORE: Apple's iPhones may be losing their lustre, with fiscal fourth-quarter revenue for the devices dipping 9 per cent on-year. But the tech giant’s enterprise business is quietly growing. The Apple Developer Enterprise Program allows large organisations and businesses with at least 100 ...
The US$2.2 trillion repurchase agreement market - part of the inner workings of the U.S. financial system - is facing what could be another strain as the year comes to a close. That could have wider implications than just Wall Street.
Subaru Corp expects its U.S. vehicle sales to rise to a record high in 2020, as demand for its SUV crossover models helps it buck the trend of slowing car sales in the Japanese automaker's biggest market.
FRANKFURT AM MAIN: New European Central Bank (ECB) chief Christine Lagarde said Thursday (Dec 12) she does not favour one monetary stance over another, but simply aims to make sound decisions for the eurozone. In her first outing before the press as president of the ECB, Lagarde took pains to urge...
Apple Inc's iPhone shipments in China fell more than 35per cent in November, marking their second straight double-digit decline as sales of the cheaper iPhone 11 remained sluggish, brokerage Credit Suisse said on Thursday.
