DoorDash Inc, the U.S. food delivery startup backed by SoftBank Group Corp , on Friday made public its regulatory filing for a listing on the New York Stock Exchange, setting the stage for a blockbuster market debut before the end of the year.
The U.S. economy is on a positive trajectory, but it is still in a "deep hole" and a rise in coronavirus infections could slow growth, New York Federal Reserve Bank President John Williams said Friday.
U.S. life insurers face questions about their ability to cover a sudden rush of claims after the Federal Reserve highlighted liquidity and leverage risks in a report this week.
Alphabet CEO Sundar Pichai has apologised to Europe's industry chief Thierry Breton over a leaked internal document proposing ways to counter the EU's tough new rules for technology companies.
When rumors first began to circulate that the UK would go back into lockdown, Leanne Barnes despaired as bread and toilet roll flew off the shelves again at her local supermarket. But to her surprise, shelves were back to being fully stocked within a few days.
U.S. stock index futures rebounded on Friday as shares of Disney and Cisco advanced after both reported upbeat quarterly results, but investors remained cautious as many U.S. states imposed restrictions to curb the relentless surge in coronavirus cases.
Europe's industry chief Thierry Breton has warned Alphabet CEO Sundar Pichai that he plans to rein in U.S. tech giants via a raft of new rules to curb the excesses of a "Wild West" internet.
Russian online retailer Ozon plans to raise about US$750 million in an initial public offering (IPO) in the United States, three financial market sources told Reuters.
BEIJING: China's internet watchdog has drafted rules for the first time to regulate the country's livestreaming marketing industry, stepping up scrutiny on e-commerce marketplaces belonging to the likes of tech giant Alibaba Group and JD.Com. Last week China published draft regulations aimed at ...
Smartphone shipments in China plunged 27per cent in October compared with the same month last year, government data released on Friday showed.
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