Showing 31 - 40 of 57
Elon Musk mocks regulators, short-sellers as Tesla soars
AFP, Published on 03/07/2020
» SAN FRANCISCO: Tesla founder Elon Musk on Thursday mocked securities regulators and short-sellers in series of tweets as the tech entrepreneur celebrated his firm's rise as the world's most valuable carmaker.
Trump announces probe of Chinese companies listed in US
AFP, Published on 30/05/2020
» WASHINGTON: US President Donald Trump on Friday ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world's two biggest economies.
Coronavirus Threatens to Hobble the U.S. Shale-Oil Boom for Years
Business, Published on 26/05/2020
» American shale drillers helped turn the U.S. into the world's top oil producer, topping 13 million barrels a day earlier this year. It likely will be years--if ever--before they reach such heights again.
Stocks and the Economy Send Very Different Messages
Business, Published on 20/04/2020
» The Dow Jones Industrial Average staged its best two-week performance since the 1930s, a dramatic rebound that has left many investors with a confounding reality: soaring share prices and a floundering economy.
Apple's Market Cap Drops Below $1 Trillion
Business, Published on 26/03/2020
» Apple Inc.'s market capitalization closed below $1 trillion Monday, leaving its longtime rival Microsoft Corp. as the only U.S. company left in the trillion-dollar club.
Coronavirus calls into question PSA-Fiat Chrysler merger
AFP, Published on 25/03/2020
» NEW YORK - Will they or won't they? On top of the massive economic damage, the coronavirus pandemic now is casting doubt over the pending merger between PSA Group and Fiat Chrysler (FCA), financial sources told AFP.
Twitter, Elliott Strike Truce That Leaves CEO Dorsey in Place
Business, Published on 11/03/2020
» Twitter Inc. and activist hedge fund Elliott Management Corp. have agreed to a truce that will shake up the social-media company's board but leave Chief Executive Jack Dorsey in place.
Jack Welch, iconic General Electric CEO, dead at 84
AFP, Published on 03/03/2020
» NEW YORK - Jack Welch, who built General Electric into a global industrial flagship and became one of America's best-known businessmen, died on Monday aged 84, the company said.
Victoria's Secret to Go Private at $1.1 Billion Valuation
Business, Published on 21/02/2020
» L Brands Inc. is near a deal to sell control of Victoria's Secret to a private-equity firm in a transaction that values the lingerie brand at about $1.1 billion, according to people familiar with the matter.
Fiat Chrysler, Peugeot in merger talks to create $50bn firm
AFP, Published on 30/10/2019
» WASHINGTON: US-Italian auto giant Fiat Chrysler and France's Peugeot are in merger talks that would yield an entity valued at about $50 billion, a person with knowledge of the matter told AFP on Tuesday.