Markets Archives • Page 8504 of 10683 • Financial News

Markets

US sanctions 11 Chinese firms over Uighur rights violations

The US Commerce Department on Monday announced it has blacklisted 11 Chinese businesses for involvement in human rights violations against the Uighur minority, cutting off the firms' access to American goods.

Markets

Indian budget airline IndiGo lays off 10% of staff over pandemic

India's largest budget airline IndiGo said Monday it was laying off 10 percent of its workforce in the wake of the financial fallout from the coronavirus pandemic.

Markets

IBM earnings beat estimates on cloud strength; shares up 6%

International Business Machines Corp posted quarterly revenue and profit above analysts' estimates on Monday, riding on the strength of its high-margin cloud computing business.

Markets

Mexico courts companies to lure business from Asia under new trade deal

Mexico has spoken to a host of foreign companies, particularly steelmakers, in an effort to lure business from Asia to capitalize on a new North American trade deal, Economy Minister Graciela Marquez said on Monday.

Markets

SoftBank pulls investment from Credit Suisse funds: sources

SoftBank has pulled a more than US$500 million investment from Credit Suisse's supply chain finance funds after the Swiss bank reviewed the funds including the Japanese conglomerate's role, according to two sources.

Markets

Tesla share rally propels some early fan investors to riches

Convinced of Tesla Inc's imminent meteoric rise, Orestis Palampougioukis, a Netherlands-based software developer, took out a 43,000 euro (US$49,000) loan in early October to invest it all in the electric carmaker, which at the time was trading at around US$230 a share.

Markets

More companies join Facebook ad boycott bandwagon

A long list of companies have pulled advertising from Facebook Inc in support of a campaign that called out the social media giant for not doing enough to stop hate speech on its platforms.

Markets

Insurers should pay UK businesses over ‘cataclysmic’ pandemic, court hears

Some of the world's biggest insurers are wrong to deny a payout to hundreds of thousands of small British businesses, battered by the COVID-19 pandemic, the London High Court was told on Monday.

Markets

Southwest says 28per cent of workers seek leaves or exits; 2,235 Delta pilots take exit deal

Delta Air Lines and Southwest Airlines have each received strong demand from pilots for early departure packages aimed at slimming their workforces to weather the coronavirus pandemic, according to preliminary numbers.

Markets

Air France pilots in draft deal on low-cost domestic flights

Air France-KLM has struck a tentative deal with French pilots to transfer some domestic services to low-cost subsidiary Transavia, as the airline group steps up restructuring in the wake of the coronavirus crisis, the main pilots' union said.

Markets

Most Viewed

Trending Now