Business & Finance News
Malaysia’s securities commission said on Thursday that it has issued a show-cause letter to Goldman Sachs, which is embroiled in multi-jurisdictional investigations into Malaysian state fund 1Malaysia Development Berhad (1MDB).
Portfolio manager Michael Kon began buying General Electric Co shares about a year ago and got more last fall after GE Chief Executive Larry Culp outlined plans to reboot the ailing power-plant unit.
Lufthansa forecast stable margins and revenue growth in the mid-single digits this year as it eyes cautious expansion in the busy summer months, minds costs and targets break even at its budget airline Eurowings.
An Ethiopian delegation led by the accident investigation bureau has flown the black boxes from the Ethiopia plane crash from Addis Ababa to Paris for investigation, Ethiopian Airlines said on Thursday.
Instagram is back up after suffering a partial outage for over several hours, the photo-sharing social network platform said in a tweet, but its parent Facebook Inc’s app still seemed to be down for some users across the globe.
Utility-scale solar power capacity is expected to grow by double digits globally in 2019 and 2020, driven by expansions in the United States, Europe, Middle East and China, U.S. bank Goldman Sachs said on Thursday.
U.S. federal prosecutors are conducting a criminal investigation into data deals Facebook Inc struck with some of the world’s largest technology companies, the New York Times reported on Wednesday.
Portfolio manager Michael Kon began buying General Electric Co shares about a year ago and got more last fall after GE Chief Executive Larry Culp outlined plans to reboot the ailing power-plant unit.
U.S. farmers are gearing up to plant what could be their third-largest soybean crop ever despite failing to sell a mountain of beans from their last harvest due to a U.S.-China trade war that remains unresolved.
A California jury on Wednesday awarded $29 million to a woman who said that asbestos in Johnson & Johnson’s talcum-powder-based products caused her cancer.
Brookfield Asset Management Inc said on Wednesday it will buy most of Oaktree Capital Management in a roughly $4.8 billion deal, creating an alternative-asset manager that will challenge the likes of industry giant Blackstone Group.
Fiat Chrysler Automobiles NV will recall about 965,000 gasoline-powered vehicles in the United States and Canada that do not meet emissions standards and will replace their catalytic converters, officials said on Wednesday.
Deliveries of Boeing’s best-selling 737 MAX jets were effectively frozen on Wednesday, though production continued, after the United States joined a global grounding of the narrowbody model over safety concerns, industry sources said.
A group of investors led by SoftBank Group Corp and Toyota Motor Corp is in talks to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, which would value the unit at $5 billion to $10 billion, said two people familiar with the talks.
Facebook Inc said on Wednesday some users around the world were facing trouble in accessing its widely used Instagram, Whatsapp and Facebook apps, making it one of the longest outages the company has suffered in the recent past.
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