Lyft Inc plans to announce a restructuring that will result in job cuts, the New York Times reported on Wednesday, citing two people with knowledge of the matter.
Lyft Inc plans to announce a restructuring that will result in job cuts, the New York Times reported on Wednesday, citing two people with knowledge of the matter.
Greater certainty around Argentina's public policies could help reactivate growth and investments in the recession-hit South American country, the International Monetary Fund said on Wednesday.
Morgan Stanley said on Wednesday the coronavirus outbreak in China was likely to hurt global growth in the near-term and could shave up to 1 percentage point off Chinese growth in the first quarter.
Warren Buffett's Berkshire Hathaway Inc agreed to sell its newspaper business to Lee Enterprises Inc for US$140 million in cash, abandoning an industry the billionaire investor had long defended even as its financial prospects deteriorated.
Luxury eyewear group Italia Independent is hoping to borrow some of Cristiano Ronaldo's star appeal.
Wall Street investment banks JPMorgan and Morgan Stanley have been placed on the Hong Kong Stock Exchange's "named and shamed" list after the US$300 million initial public offering (IPO) of Chinese biotech company Akeso Inc. was sent back for not meeting the correct regulatory requirements.
Wall Street analysts were smitten by a rebound in sales of Apple Inc's iPhones after a year of decline. So much, in fact, that they looked past a weaker-than-expected rise in services revenue, the company's growth driver.
STOCKHOLM: Sweden's IKEA, the world's biggest furniture retailer, said it was temporarily closing around half of its 30 stores in China as deaths in the country from the fast-spreading new coronavirus rose to 132 on Wednesday (Jan 29). "In response to the Chinese government's call for efficient ...
U.S. stock index futures rose on Wednesday as strong results from Apple and other marquee companies kicked fourth-quarter earnings into top gear and overshadowed concerns over the economic impact of the fast-spreading coronavirus.
