Oil prices skidded around 2per cent as fuel demand concerns re-emerged alongside fresh coronavirus pandemic lockdowns, trimming overnight gains spurred by the grounding of a giant container ship blocking crude shipments through the Suez Canal.
A specialist London court will this week re-consider allowing an historic 14 billion pound (US$19 billion) class action against Mastercard to proceed, which could entitle adults in Britain to about 300 pounds each if successful.
Some owners of Hyundai Motor's Kona electric vehicles say the South Korean automaker is bungling a major recall with delays and poor communication, and risks losing buyers as it targets the No.3 spot in the fast-growing sector.
Canadian Border agents had legitimate reasons to question Huawei Chief Financial Officer Meng Wanzhou for three hours before her arrest by federal police, a prosecutor said in court on Wednesday, pushing back at defense arguments.
GlaxoSmithKline has dismissed Moncef Slaoui, former U.S. government vaccine chief, as chairman of a company controlled by the British drugmaker after an internal investigation found he had sexually harassed a GSK employee several years ago.
Workplace messaging app Slack Technologies Inc said it was working to fix an error in the direct-messaging feature it introduced earlier on Wednesday, which could have lead to online harassment.
Goldman Sachs told all but critical staff at its operation in Indian IT capital Bengaluru to return to working from home on Wednesday, reversing moves to get staff back to one of its biggest global offices as coronavirus infections in the city grew.
Treasury Secretary Janet Yellen on Wednesday said U.S. banks look healthy enough to be allowed to pay dividends and repurchase stock, an updated view that reflects top economic officials' growing confidence in the recovery from the coronavirus pandemic.
