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Markets

Silicon Valley firms in no hurry to open up offices despite easing of virus ban

Several of San Francisco Bay Area's largest technology companies including Twitter Inc and Google plan to keep their offices largely closed for months more despite the government allowing them on Tuesday to be opened in a limited capacity.

Markets

Asian shares slip, dollar rises on flight to safety

Asian stocks were poised to follow Wall Street lower on Wednesday as the cost of the U.S. stimulus and infrastructure plans and new pandemic curbs limited investors' risk appetite.

Markets

Exclusive: Tencent boss meets China antitrust officials as scrutiny widens – sources

Pony Ma, the reticent founder of Tencent Holdings, China's biggest social media and video games company, met with China's antitrust watchdog officials this month to discuss compliance at his group, two people with direct knowledge said.

Markets

Australia’s Crown Resorts ‘equivocal’ over misconduct findings, says new inquiry

Casino company Crown Resorts Ltd disputed some findings of an inquiry that accused it of enabling money laundering, said the head of a probe into Crown in a second Australian state, an apparent split from the company's public apology for wrongdoing.

Markets

Oil rises on bargain-hunting but oversupply fears cap gains

Oil prices edged higher on Wednesday as investors looked for bargains following the previous day's plunge, but gains were capped as pandemic lockdowns in Europe and a build in U.S. crude stocks curbed risk appetite and raised oversupply fears.

Markets

Parler network founder claims GOP donor, others defamed him

Markets

Asian equity futures under pressure after US stocks, oil slide

Asian stocks were poised to follow Wall Street lower on Wednesday as the cost of the U.S. stimulus and infrastructure plans and new pandemic curbs limited investors' risk appetite.

Markets

Intel to spend US$20 billion on US chip plants as CEO challenges Asia dominance

Intel will greatly expand its advanced chip manufacturing capacity as the new chief executive announced plans to spend as much as US$20 billion to build two factories in Arizona and to open up its factories to outside customers.

Markets

Online brokerage Robinhood confidentially files for US IPO

Robinhood Markets, the online brokerage at the heart of the historic retail trading frenzy that gripped Wall Street this year, has confidentially submitted plans to regulators for a US initial public offering, the company disclosed on Tuesday (Mar 23).

Markets

Honda to extend production suspension at some North American plants

Honda Motor Co said on Tuesday it will extend production suspensions at some North American plants into the week of March 29 due to various supply chain issues.

Markets

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