FRANKFURT: The European Central Bank left key monetary policy settings unchanged Thursday (Dec 12), placing the spotlight on new president Christine Lagarde to offer clues about its future direction and plans for a major reassessment of ECB tools and goals. The 25-strong governing council left the ...
Samsung Electronics will increase investment at its chip factory in China by US$8 billion to boost production of NAND flash memory chips, Chinese media reported on Tuesday.
BEIJING: China will keep its economic policies steady while making them more effective in 2020 to help achieve its annual growth target, the Xinhua news agency said on Thursday (Dec 12), after a meeting of top leaders ended, amid a bruising trade war with the United States. Citing a...
Nokia on Thursday said that German carmaker Daimler and several car parts suppliers have agreed to independent mediation to resolve their licensing dispute.
REUTERS: U.S. stock index futures edged higher on Thursday, a day after the Federal Reserve held interest rates steady and struck an optimistic tone on the outlook of the economy. Following three rate cuts this year to preempt a domestic slowdown fueled largely by President Donald Trump's trade ......
Saudi Aramco's shares closed at 36.8 Saudi riyals on Thursday, putting the company's market value slightly below US$2 trillion.
Southwest Airlines Co said on Thursday it had reached a compensation agreement with Boeing Co for a portion of the projected financial damages related to the grounding of the 737 MAX aircraft.
SINGAPORE: Beleaguered family-run hardware firm Home-Fix may have pulled the shutters down at its stores for good after a 26-year run, but its founders are not giving it up without a fight. The Do-It-Yourself (DIY) chain is in talks with potential investors and is looking to transform itself and ...
Citigroup and Credit Suisse have dropped out of the U.S. initial public offering (IPO) of Chinese shared workspace provider Ucommune, baulking at its desired valuation, two people with direct knowledge of the matter said.
Haier, the world's biggest maker of household appliances, is planning a major restructuring that will see its main unit Haier Smart Home list in Hong Kong to take another group company valued at US$7.7 billion private, two people with direct knowledge of the matter said.
