Markets

Australia's Westpac Banking Corp came under mounting pressure on Wednesday to refresh it board after a money-laundering scandal claimed its chief executive and chairman.

Companies that make top brands including Kit Kat chocolate and Dove soap may face fines if they fail to buy more green palm oil under new rules aimed at improving the controversial industry's environmental sustainability.

Australia's Westpac Banking Corp came under mounting pressure on Wednesday to refresh it board after a money-laundering scandal claimed its chief executive and chairman.

Hip hop superstar Jay-Z is suing a small online Australian retailer for profiting from the use of his name and hit song "99 Problems" in books that teach children the alphabet.

The owner of English Premier League champions Manchester City is selling a US$500 million stake to private equity firm Silver Lake, valuing the soccer club's owner at US$4.8 billion, the Financial Times reported on Wednesday, citing people with knowledge of the deal.

The owner of English Premier League champions Manchester City is selling a US$500 million stake to private equity firm Silver Lake, valuing the soccer club's owner at US$4.8 billion, the Financial Times reported on Wednesday, citing people with knowledge of the deal.

NEW YORK: Citadel's commodities investments are up at least US$1 billion for the year, according to three sources familiar with the matter, helping to drive strong overall performance at one of the world's largest hedge funds. Citadel, which manages more than US$30 billion in assets, has profited ...

U.S., Canadian and Mexican representatives are set to meet in Washington on Wednesday to discuss the trade deal to replace the North American Free Trade Agreement, Politico reported on Tuesday, citing people familiar with the plans.

SAN FRANCISCO: Facebook-owned Oculus on Tuesday (Nov 26) said it is buying the studio behind hit virtual reality game "Beat Saber" as it looks to expand VR technology to wider audiences. Oculus, which makes Rift and Quest VR headgear, did not disclose financial terms of the deal to acquire Prague...

Dell Technologies Inc missed Wall Street estimates for quarterly revenue on Tuesday as its server business wrestled with higher costs and lower demand in a market hit by U.S.-China trade tensions.