Showing 51 - 60 of 413
Debt-ridden Evergrande urges investor 'caution' as audit result delayed
AFP, Published on 22/03/2022
» HONG KONG - Debt-ridden Chinese property developer giant Evergrande on Tuesday warned investors to "exercise caution" as the group announced it would delay the release of the results of a 2021 audit a day after halting trade in Hong Kong.
Stocks plunge, oil and metals rocket on Russia supply fears
AFP, Published on 07/03/2022
» LONDON: World stock markets tumbled, metals prices struck record highs and oil neared an all-time peak on widespread financial fallout from Russia's invasion of Ukraine.
Toshiba CEO resigns ahead of vote on spin-off plan
AFP, Published on 01/03/2022
» TOKYO - Toshiba's CEO resigned on Tuesday, the Japanese conglomerate said, adding fresh uncertainty after already revising plans to split its businesses and just weeks before a key shareholder vote.
Elon Musk probed in US over stock trades: report
AFP, Published on 25/02/2022
» NEW YORK: US market regulators are probing whether Tesla boss Elon Musk and his brother violated insider trading rules in connection with whopping share sales last year, the Wall Street Journal reported Thursday.
Oil tops $100, havens rally, stocks drop as Russia invades Ukraine
AFP, Published on 24/02/2022
» HONG KONG: Oil prices broke past $100 and safe havens surged while equities tumbled Thursday after Russian President Vladimir Putin announced a "military operation" in Ukraine, accelerating fears of a major war.
Zeus and free bitcoin: Super Bowl ad frenzy is back
AFP, Published on 10/02/2022
» NEW YORK - Big brands who in recent years have sat out the TV advertising frenzy around the biggest US sporting event -- the Super Bowl -- are returning in force Sunday and forking out millions for prime spots.
'Dutch' and 'Razzlekhan,': US couple behind record bitcoin haul
AFP, Published on 10/02/2022
» WASHINGTON: She's accused of laundering billions of dollars in stolen bitcoin with her husband, but her alleged crimes are likely to be overshadowed by an excruciating foray into rap music.
SoftBank's $40 bn sale of chip group Arm to Nvidia collapses
AFP, Published on 08/02/2022
» TOKYO - Japan's SoftBank confirmed Tuesday that the $40 billion sale of chip business Arm to Nvidia had collapsed because of "significant regulatory challenges" over concerns about competitiveness, and said it planned to now take the unit public.
Pharma giants to pay $590 mn to US Native Americans over opioids
AFP, Published on 02/02/2022
» NEW YORK: A group of pharmaceutical companies and distributors agreed to pay $590 million to settle lawsuits connected to opioid addiction among Native American tribe members, according to a US court filing released Tuesday.
Amazon accused of anti-union tactics in New York
AFP, Published on 29/01/2022
» SAN FRANCISCO: US labour authorities have filed a complaint accusing e-commerce giant Amazon of using threats and surveillance against its workers trying to organize a union at a New York City warehouse.