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Salesforce, Amgen, Honeywell to join Dow Jones Industrial

Shares of Salesforce.com , Amgen and Honeywell International each surged over 3per cent in extended trade on Monday after it was announced they would join the Dow Jones Industrial Average as of Aug. 31.

Markets

Chip designer Arm to pause spin-off of its software units to SoftBank

Chip company Arm Holdings Ltd said on Monday it has put the brakes on the proposed transfer of two of its software businesses to its Japan-based parent SoftBank Group Corp.

Markets

Judge ‘inclined’ to block Apple’s move to hamper Epic’s Unreal Engine

A federal judge on Monday said she was "inclined" to grant Epic Games' request to block Apple Inc's move to terminate the "Fortnite" creator's developer accounts.

Markets

US judge dismisses lawsuit against Danske Bank over money laundering scandal

NEW YORK: A U.S. judge on Monday dismissed a lawsuit accusing Denmark's Danske Bank A/S and four former top executives of defrauding shareholders by hiding and failing to stop widespread money laundering at its former Estonian branch. U.S. District Judge Valerie Caproni in Manhattan said ...

Markets

Commentary: Language barriers block businesses off from Indonesia

Regulations mandating the use of Bahasa Indonesia in business are souring the appetite of international investors, says an observer.

Markets

Commentary: Singapore’s CBD needs to redevelop to stay relevant in a post-COVID world

If occupier demand for office spaces weakens, we may see more building owners bringing forward redevelopment plans for their properties, says Karamjit Singh.

Markets

Salesforce to replace Exxon in Dow Jones Industrial Average index next week

Salesforce.com Inc , Amgen Inc and Honeywell International Inc will become a part of the blue-chip Dow Jones Industrial Average index on Aug. 31, S&P Dow Jones Indices said on Monday.

Markets

Singapore currency to stay strong until 2021 on broad USD weakness

THE Singdollar is likely to continue strengthening till next year amid a broad weakness of the greenback, in particular against the Chinese currency.

Markets

LVMH and Tiffany push back deal deadline by three months: source

French luxury goods giant LVMH and U.S. jewellery chain Tiffany will give themselves another three months to complete their US$16.2 billion tie-up after the deal did not close on the Aug. 24 date set out in deal documents, a source familiar with the discussions said.

Markets

Automakers urge FTC to seek appeal after defeat in Qualcomm case

A group of tech companies and automakers including Ford Motor Co , Honda Motor Co Ltd and Daimler AG on Monday urged the U.S. Federal Trade Commission to seek an appeal after its loss in a case against chip supplier Qualcomm Inc .

Markets

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