Finland's Financial Supervisory Authority (FSA) has started an investigation into Nokia's sharp profit warning in October which sent its shares more than 20per cent lower, Finnish daily Helsingin Sanomat reported on Saturday.
NEW YORK: Disney will rename 20th Century Fox to distance its legendary film studio from the assets of media tycoon Rupert Murdoch, US media reported on Friday (Jan 17). The entertainment conglomerate last year acquired most of the assets of 21st Century Fox group, including the film house, while...
Toshiba Corp said on Saturday it "could not confirm existence" of transactions worth some 20 billion yen (US$181.59 million) at one of its subsidiaries in the first half of this fiscal year, prompting it to revise past financial statements.
With three homegrown players – SG Bike, Anywheel and Moov Technology – helming the market, bike-sharing may just get that new lease of life, says NUS Business School’s Goh Puay Guan.
Facebook Inc has been ordered by a Massachusetts judge to turn over materials to that state's attorney general about thousands of apps that the social media company suspected may have misused customer data.
Extraditing Huawei Chief Financial Officer Meng Wanzhou to the United States based on American sanctions against Iran would set a dangerous precedent and could even undermine Canada's policy towards Iran, Meng's lawyers argued in court documents released on Friday.
Morgan Stanley said on Friday that its board lowered Chief Executive Officer James Gorman's total compensation for 2019 to US$27 million, from US$29 million in 2018, according to regulatory filings.
Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs.
Wall Street indexes hit new record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.
U.S. consumer electronics retailer Best Buy Co said on Friday its board was conducting an independent review on allegations of misconduct against Chief Executive Officer Corie Barry after receiving an anonymous letter.
