Markets

Ahead of what's likely to be the world's largest initial public offering, China's Ant Group Co Ltd is asking lead bankers to personally sign confidentiality pacts and pressing some investors to explain why they should be allowed to attend marketing meetings, sources familiar with the matter said.

Two key House of Representatives Democrats on Thursday urged the Federal Aviation Administration (FAA) to release all documents related to the government's 18-month review of the grounded Boeing 737 MAX.

Roblox Corporation is working with investment banks to prepare for a US stock market listing that could come early next year and which the online gaming platform expects could double its recent US$4 billion valuation, people familiar with the matter said.

Two key House of Representatives Democrats on Thursday urged the Federal Aviation Administration (FAA) to release all documents related to the government's 18-month review of the grounded Boeing 737 MAX.

The U.S. House of Representatives Judiciary Committee's antitrust panel discussed ways to tighten antitrust laws on Thursday, with two Republicans on the Democrat-dominated panel indicating potential support for some changes.

SINGAPORE'S High Court has approved two major bank creditors' bid to fund Inter-Pacific Petroleum's (IPP) lawsuit against former director Goh Jin Hian.

Amazon.com Inc on Thursday said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year, or 1.44per cent of the total, a disclosure long sought by labor advocates that had criticized its pandemic response.

Roblox Corporation is working with investment banks to prepare for a U.S. stock market listing that could come early next year and which the online gaming platform expects could double its recent US$4 billion valuation, people familiar with the matter said.

Wall Street see-sawed on Thursday as investors juggled optimism over progress on stimulus talks Washington with signs of waning momentum of economic recovery from the pandemic recession, now entering its ninth month.

Oasis Petroleum Inc and Lonestar Resources US Inc's bankruptcy filings are the latest in a slew of restructurings that put oil-and-gas producers on track for their biggest year of bankruptcies since the 2016 shale downturn.