BlackRock Inc , the world's largest asset manager, reported a 21per cent jump in quarterly profit on Friday, as investors poured money into its fixed-income funds and cash management services.
Lyft Inc said on Friday it would distribute some 60,000 vehicle partition shields to its most-active drivers as a protection against the coronavirus and begin selling the custom-made protective barriers to other drivers later this summer.
Indonesian tycoon Anthoni Salim narrowly won shareholder backing on Friday for a US$3 billion takeover transaction between companies he controls, overcoming criticism about the deal's valuation and questions about corporate governance.
European Union leaders were meeting in Brussels on Friday to battle over a proposed multi-billion euro stimulus package, which investors, activists and lawmakers said would need strict rules to guarantee a "green" recovery from the coronavirus pandemic.
TOKYO: Japan will look closer into whether to issue central bank digital currencies (CBDCs) in future, the government said in its annual policy roadmap, a sign that Tokyo may be warming to the idea as the coronavirus heightens demand for cashless payments. In its first-ever reference to digital ......
Europe's stock markets and fast charging currencies were left treading water on Friday, as EU leaders met in Brussels to try to hammer through a 750 billion euro post-pandemic recovery fund.
SINGAPORE: Tourism receipts in Singapore fell 39 percent year-on-year to S$4 billion in the first quarter of 2020, the Singapore Tourism Board (STB) said on Friday (Jul 17). The decline came amid the COVID-19 pandemic, which has led countries around the world to impose tighter border controls and ...
SINGAPORE banks' upcoming dividend payout is less likely to be impacted by deliberations by the regulator on banks' capital management plans, said CGS-CIMB.
A rise in 5G network sales and software revenue helped Ericsson report higher-than-expected quarterly core earnings on Friday, when it said it was sticking to its financial targets for 2020 and 2022.
European shares edged higher on Friday as focus turned to Brussels where European Union leaders are expected to hammer out details of a 750-billion-euro recovery fund, with positive earnings updates from Ericsson, Daimler and other firms also supporting gains.
