U.S. jeweler Tiffany & Co and French luxury goods giant LVMH are in indirect talks to settle their dispute over a US$16 billion takeover deal, CNBC reported on Tuesday, citing people familiar with the matter.
NEW YORK: Apple, Alphabet, Amazon and Facebook, together accounting for about a fifth of the S&P 500's total value, report their quarterly results on Thursday (Oct 29), with their stocks trading near record highs, even as they face increasing antitrust scrutiny. Amazon and Apple have surged 74 per ......
Top Republican Senator Marco Rubio has introduced legislation to block access to U.S. capital markets for Chinese companies that have been blacklisted by Washington, threatening a blow against Chinese firms that rely on U.S. investors for funding.
WASHINGTON: Orders to US factories for big-ticket manufactured goods rose a stronger-than-expected 1.9 per cent in September with a key category that tracks business investment showing a solid gain as well. The uptick in orders followed a smaller 0.4 per cent increase in August and was the best ...
SILVER SPRING, Maryland: US consumer confidence dipped slightly in October as a new wave of COVID-19 cases began across the country. The Conference Board reported Tuesday that its consumer confidence index fell to a reading of 100.9, from 101.8 in September. Consumer spending accounts for 70 per ...
New orders for key U.S.-made capital goods rose more than expected in September, wrapping up a quarter of potentially record growth in business spending and the economy, thanks to fiscal stimulus aimed at softening the blow from the COVID-19 pandemic.
AMC Entertainment Holdings Inc said on Tuesday it plans to reopen eight theaters in California, one of its key markets, providing some much needed hope to an industry that has been hammered by the COVID-19 pandemic.
Canada's NorthStar Earth & Space and Thales Alenia Space said on Tuesday they will begin work on a commercial satellite system to combat the threat of collisions in space.
When the coronavirus pandemic slammed the United States in March, the Detroit Three automakers shut their plants and brought their North American vehicle production to an unprecedented cold stop.
Semiconductor designer Advanced Micro Devices Inc (AMD) said on Tuesday it would buy Xilinx Inc in a US$35 billion all-stock deal, intensifying its battle with Intel Corp in the data center chip market.
