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FTC sues to stop Procter & Gamble from buying rival women’s razor maker Billie

The U.S. Federal Trade Commission filed a complaint on Tuesday aimed at stopping Procter & Gamble Co from buying Billie, Inc, which sells women's razors and other body care products.

Markets

US cybersecurity firm FireEye discloses breach, theft of internal hacking tools

FireEye, one of the largest cybersecurity companies in the United States, said on Tuesday that is has been hacked, possibly by a government, leading to the theft of an arsenal of internal hacking tools typically reserved to privately test the cyber defenses of their own clients.

Markets

JetBlue halts pay raises, other costs to avoid furloughs through September

JetBlue Airways unveiled a series of cost saving measures on Tuesday (Dec 8), including halting pay raises and paid parental leave, in a move it said would avoid furloughs through at least Sep 30 as it continues to battle the pandemic.

Markets

Elon Musk relocates to Texas from California

:Silicon Valley billionaire Elon Musk said on Tuesday he had relocated to Texas from California as he wants to focus more on the new Tesla Inc plant and his SpaceX venture.

Markets

S&P revises New York City debt outlook to negative on COVID uncertainty

S&P Global Ratings on Tuesday switched its outlook on New York City debt to negative from stable due to uncertainties stemming from a recent uptick in the virus transmission rate.

Markets

Barclays names 84 new MDs; women constitute about 27per cent

Barclays Plc on Tuesday promoted 84 employees to the role of managing directors in corporate and investment banking, of which about 27per cent were women.

Markets

As US companies push to get workers vaccinated, states disagree on who’s essential

Companies and industry groups lobbying to get their U.S. workers to the front of the line for COVID vaccination are running into a patchwork of state plans and confusion over who is essential, and who is not.

Markets

Billionaire Ratcliffe’s Ineos drops Wales for France to build new car

Billionaire Jim Ratcliffe's Ineos will manufacture its first car in France after a deal to take over a site run by Germany's Daimler, ditching plans to build a factory in Britain as COVID-19 disrupts the automotive industry.

Markets

Pfizer COVID-19 vaccine data wins backing of US FDA staff, authorisation nears

Pfizer cleared the next hurdle in the race to get its COVID-19 vaccine approved for emergency use on Tuesday (Dec 8) after the US Food and Drug Administration (FDA) released documents that raised no new issues about its safety or efficacy.

Markets

Nikola gains ground after founder discloses share sales

Shares in electric truck maker Nikola Corp were up 1.6per cent on Tuesday a day after its founder disclosed that he had sold fewer shares in the company than investors had feared.

Markets

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