REUTERS: Nikola Corp <NKLA.O and vehicle equipment maker CNH Industrial said the firms are working together to build prototypes of the EV maker's Tre semi-truck, sending Nikola's shares up 12per cent, days after a scathing report from short-seller Hindenburg alleged the company of 'fraud'. CNH ...
Global M&A volumes are approaching US$2 trillion for 2020, with technology making up almost a fifth of the total after mammoth deals such as SoftBank's US$40 billion sale of chipmaker Arm.
Ireland's High Court on Monday temporarily froze a probe by Facebook's lead European Union regulator that threatened to halt the U.S. social media giant's transatlantic data flows, a court spokesman said.
Shares of Gilead Sciences Inc rose 3.2per cent on Monday, reversing their premarket losses as investors shrugged off concerns over the steep premium the U.S. drugmaker was willing to pay for Immunomedics Inc .
REUTERS: Alphabet Inc's YouTube is rolling out its version of social media rival TikTok, a new short-form video service called Shorts, enabled within its video-sharing platform. YouTube will first test the feature in India over the next few days and then expand to more countries in the coming ......
The US government has received a bid from Oracle for TikTok's American operations after the video-sharing app's parent ByteDance rejected a proposal from Microsoft, Treasury Secretary Steven Mnuchin said Monday.
SINGAPORE: The authorities on Monday (Sep 14) announced guidelines to help dormitory operators and employers come to a mutual agreement on their existing rental contracts. This comes amid the option for employers to rehouse their workers in order to comply with the COVID-19 safe restart criteria ...
Verizon Communications Inc said on Monday it will buy pre-paid mobile phones provider Tracfone, a unit of Mexican telecoms giant America Movil, in a US$6.25 billion cash and stock deal.
Treasury Secretary Steven Mnuchin said earlier in the day that the Trump administration received a proposal from Oracle over the weekend to make Chinese-owned short video app TikTok a U.S.-headquartered company and will review the plan this week.
The chief executive of European planemaker Airbus has warned staff it may have to carry out compulsory layoffs after air travel failed to recover as quickly as anticipated from the coronavirus crisis, a letter seen by Reuters showed.
