SoftBank Group Corp is expected to outline tougher governance standards and restrictions on dual-class share structures on Wednesday after WeWork pulled its IPO, the Financial Times reported on Monday, citing people briefed on the plan.
SoftBank Group Corp is expected to outline tougher governance standards and restrictions on dual-class share structures on Wednesday after WeWork pulled its IPO, the Financial Times reported on Monday, citing people briefed on the plan.
Amazon on Thursday reported that quarterly profits fell shy of Wall Street forecasts, sending shares of the tech giant tumbling in after-market trades.
US presidential candidates Bernie Sanders and Elizabeth Warren are right to call for stronger action to rein in powerful tech companies like Amazon and Facebook, says Cornell University's Kaushik Basu.
SINGAPORE'S second-largest bank OCBC is understood to be in firm talks with Keppel Corporation, peer-to-peer lender Validus Capital, and venture-capital fund Vertex Ventures to form a digital-bank consortium.
The chairman of the U.S. House Transportation and Infrastructure Committee and the head of its aviation subcommittee said on Monday that Boeing's testimony on two fatal 737 MAX crashes prompted new questions.
Caterpillar Inc has laid off 120 temporary workers at a plant in Texas following its decision to cut production in the wake of a fall in sales due to U.S. President Donald Trump's trade war with China.
Uber Technologies Inc on Monday beat Wall Street estimates for third-quarter revenue, as more people used its ride-hailing and Uber Eats restaurant delivery service.
Loan officers at U.S. banks reported keeping lending standards for business loans mostly unchanged in the third quarter but they tightened the terms for commercial real estate loans, a Federal Reserve survey showed on Monday.
