Italian broadcaster Mediaset said on Thursday it had reached an agreement with Peninsula Holding to limit the impact of the exercise of withdrawal rights in its deal to create a pan-European TV platform (MFE).
NEW YORK: A FedEx pilot was arrested in China and released on bail, the company said on Thursday (Sep 19), amid an ongoing row with Beijing over the US firm's delivery irregularities involving telecoms giant Huawei. Todd Hohn, a former US Air Force pilot, was arrested by Chinese authorities...
Eighteen months after officially burying the hatchet in one of America's most bitter proxy contests, Procter & Gamble Co CEO David Taylor and billionaire investor Nelson Peltz proclaimed their mutual respect on Thursday, underscoring how activists and corporations can end up working ...
A Microsoft-led rally in technology shares pushed U.S. stock indexes higher on Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary intervention.
WASHINGTON: The number of Americans filing applications for unemployment benefits increased less than expected last week, pointing to strong labour market conditions that should continue to support an economy growing at a moderate pace. The steady economic growth pace was also underscored by other ...
Italian broadcaster Mediaset said on Thursday it had reached an agreement with Peninsula Holding to limit the impact of the exercise of withdrawal rights in its deal to create a pan-European TV platform (MFE).
WASHINGTON: South Korean automaker Hyundai will pay a US$47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules, US authorities announced on Thursday (Sep 19). Between 2012 and 2015, the company imported nearly 2,300 diesel-powered ...
Electric vehicle startup Rivian Automotive LLC got a big boost from one of its investors on Thursday when Amazon.com announced it was ordering 100,000 electric delivery vans.
REUTERS: Shares of Datadog Inc, a data analytics and cloud monitoring company, surged nearly 50per cent in their market debut, after pricing its initial public offering above expectations. Datadog's shares opened at US$40.35, giving it a market capitalization of US$11.69 billion. Shares rose as ...
Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork.
