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Markets

Third day of declines for Dow, S&P as Wall Street sags

NEW YORK: Wall Street edged lower on Thursday (Nov 21) despite a reported offer from Beijing for another face-to-face meeting with US trade negotiators. Major US stock indexes are now on track to finish the week in the red heading into the Thanksgiving holiday week, eroding an extended run of...

Markets

Gap’s quarterly profit beats; says plan to split Old Navy in place

Gap Inc on Thursday reported better-than-expected quarterly net sales, nearly two weeks after the retailer's longtime Chief Executive Officer Art Peck stepped down, sending its shares up 4per cent.

Markets

Twitter lets users ‘hide’ off-course replies to tweets

SAN FRANCISCO: Twitter on Thursday (Nov 21) began letting users "hide" tweeted replies that could be seen as abusive or harassing in the latest effort by the online platform to create a more welcoming environment. The move is part of an effort to help users "feel safe and comfortable while...

Markets

Chinese antitrust regulator approves Boeing-Embraer deal

A Chinese antitrust regulator has approved Boeing Co's deal to buy a controlling stake in the commercial jet division of Brazilian planemaker Embraer , according to a statement on the regulator's website.

Markets

Facebook agrees to provide additional documents in California AG data privacy probe

Facebook Inc has agreed to turn over additional documents after the California state attorney general's office went to court earlier this month to compel the social media firm to comply with requests for information in its privacy investigation.

Markets

GM’s electric pickup to hit dealer showrooms in fall 2021: CEO

General Motors Co's first electric pickup truck model will go on sale in the fall of 2021, the company's top executive said, around the same time that electric carmaker Tesla Inc's own model is expected to debut.

Markets

US senators urge Trump administration to halt Huawei licence approvals

A bipartisan group of 15 U.S. senators urged the Commerce Department to suspend issuing licenses to U.S. firms that conduct business with China's Huawei Technologies Co.

Markets

US senators urge Trump administration to halt Huawei license approvals

A bipartisan group of 15 U.S. senators urged the Commerce Department to suspend issuing licenses to U.S. firms that conduct business with China's Huawei Technologies Co.

Markets

Exclusive: Unilever, Henkel and buyout funds eye bids for Coty’s US$7 billion beauty brands – sources

Consumer goods giants Unilever and Henkel and a series of buyout funds including Advent and Cinven are talking to U.S. cosmetics maker Coty to submit bids for some of its most popular beauty brands, three sources told Reuters.

Markets

Xerox threatens hostile bid unless HP opens its books

Xerox Corp on Thursday threatened to take its US$33.5 billion buyout bid for HP Inc hostile, if the personal computer maker did not agree to a "friendly" discussion before Nov. 25.

Markets

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