Markets

REUTERS: Mobile game maker Scopely said on Tuesday it acquired the co-creator of its popular word game "Scrabble Go", in a bid to expand its games portfolio that includes titles like "Looney Tunes World of Mayhem" and "The Walking Dead: Road To Survival". Financial terms of the acquisition of...

Xerox Holdings Corp pulled its 2020 revenue and profit forecasts on Tuesday, citing economic uncertainties from the coronavirus outbreak, which had resulted in the cancellation of its US$35 billion takeover campaign for HP Inc .

Merck & Co Inc on Tuesday posted a 10.4per cent rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertainty from the COVID-19 pandemic.

REUTERS: U.S. stock index futures climbed higher on Tuesday ahead of the next round of quarterly earnings reports, with investors also keenly looking at the safety of reopening economies hit hard by the coronavirus-induced shutdowns. Wall Street kicked off the week on a strong note Monday as ...

PepsiCo Inc reported a rise in first-quarter revenue, but ditched its full-year forecast on Tuesday, citing uncertainty around the globe due to the novel coronavirus pandemic.

Europe's biggest copper smelter Aurubis is set to win EU antitrust approval for its planned 380-million-euro (US$412 million) acquisition of Belgian-Spanish metal recycling group Metallo, people familiar with the matter said on Tuesday.

Norwegian Air , the budget carrier that is fighting for its survival, has made some amendments to the terms of its debt-to-equity conversion plan in response to demands from bondholders, it said on Tuesday.

Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly US$750 million payday as the electric carmaker's stock recovers from a slump caused by the coronavirus, which led the company to close its factories and furlough workers.

Japanese automakers saw a 34per cent fall in global vehicle sales in March when the coronavirus outbreak began to spread globally, and face a further tumble in the coming months.

Amazon.com Inc may have violated safety measures and labor practices amid the coronavirus pandemic as it fired a warehouse protest leader last month, New York Attorney General Letitia James's office wrote in a letter to the company last week.