Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell, as the conglomerate run by billionaire Warren Buffett reported less income from insurance underwriting.
WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said.
REUTERS: Elon Musk will soon launch a China unit for his underground tunnelling enterprise, The Boring Company, the billionaire entrepreneur said on Twitter. One of Musk's followers tweeted that Tesla Inc's chief executive officer would attend the World Artificial Intelligence Conference of 2019 ...
BANGKOK: South Korea is exploring all options in a bitter trade row with Japan, including scrapping an intelligence-sharing pact, but wants a cooling-off period with Tokyo, a senior South Korean official said on Saturday (Aug 3). The trade row escalated on Friday when Japan removed South Korea ...
Facebook Inc started adding its name to some screens on its Instagram photo-sharing platform this week, one of the first links it has given users to its ownership of the popular platform.
BEIJING/WASHINGTON: China on Friday (Aug 2) vowed to fight back against US President Donald Trump's abrupt decision to slap 10 per cent tariffs on the remaining US$300 billion in Chinese imports, a move that ended a month-long trade truce. China's new ambassador to the United Nations, Zhang Jun ...
Top executives at Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes to revive Renault's merger talks with Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the discussions.
U.S. Senator Mark Warner on Friday raised concerns over the Pentagon's decision to put on hold a US$10 billion cloud computing contract after President Donald Trump said his administration was examining Amazon.com Inc's bid following complaints from other tech companies.
Deutsche Bank has set aside over 1 billion euros (US$1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters.
Top executives at Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes to revive Renault's merger talks with Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the discussions.
