Business & Finance News
Sony launched the Xperia 5, a slimline version of its flagship smartphone, at the IFA consumer electronics fair in Berlin on Thursday as it seeks to strengthen its appeal to its niche audience of video, film and music lovers.
U.S. stocks opened higher for a second straight session on Thursday as Washington and Beijing agreed to hold high-level talks next month, raising hopes of a de-escalation in trade tensions.
WeWork owner The We Company is targeting an initial stock market valuation of less than half of estimates from earlier this year, according to a report on Thursday, another sign of growing skepticism among investors about big but unprofitable technology names.
U.S. private employers boosted hiring in August, suggesting the economy continued to grow at a moderate pace despite trade tensions which have stoked financial market fears of a recession.
WeWork owner The We Company is seeking a valuation of between $20 billion and $30 billion in its planned initial public offering, Streetinsider.com reported on Thursday, citing Bloomberg, well below the $47 billion it was worth at the start of the year.
Facebook’s proposed Libra cryptocurrency falls into a “big gap” in European Union financial regulation at a time when the bloc’s ability to tackle money laundering is already stretched, a top EU regulator said on Thursday.
Shares of workplace messaging company Slack Technologies Inc were set for their worst day since the company made its stock market listing in June, after it flagged slower revenue growth amid intensifying competition.
Discount brokerage company Charles Schwab Corp will close its Singapore office by the end of this year, only about two years after opening it in late 2017.
Discount brokerage company Charles Schwab Corp will close its Singapore office by the end of this year, only about two years after opening it in late 2017.
U.S. stock index futures rose on Thursday as the United States and China agreed to hold high-level talks next month, raising hopes of a de-escalation in a trade war that has bruised global economic growth.
Apple Inc said on Thursday it had sold $7 billion of bonds at yields ranging up to 103 basis points over the equivalent U.S. Treasury on maturities of up to 30 years, its first such debt issues since November 2017.
China’s Unipec is reselling some of the crude oil it imports from the United States to buyers in India and South Korea to avoid tariffs Beijing imposed in its trade war with the U.S., three sources with knowledge of the matter said on Thursday.
Spanish fashion brand Zara, seeking to avoid becoming embroiled in controversy over protests in Hong Kong, issued a statement on Chinese social media expressing support for China’s sovereignty over the Asian financial hub.
Bayer said a law firm it had commissioned to investigate a compilation of data on journalists, politicians and researchers by Monsanto had found no evidence of illegal behavior by the seed maker that Bayer acquired last year.
Turkey is increasingly confident German carmaker Volkswagen will build a production plant in the country after an “extremely positive” meeting between a senior company official and President Tayyip Erdogan this week, three Turkish sources said.
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